Vietnam is leading in Southeast Asia for online purchases, with an average of 104 orders per year per person, according to a new report released by Ninja Van Group, an e-logistics company operating in Southeast Asian countries, including Vietnam.

VinFast Commercial and Service Trading Co. Ltd. announced on July 15 that it will halt production of petrol-powered vehicles after the last batch of Lux and Fadil models were ordered by customers.

The Cần Thơ Irradiation Joint Stock Company held a groundbreaking ceremony Thursday (July 14) for the construction of a large-capacity irradiation center in Tân Phú Ward, Cái Răng District, city of Cần Thơ.

The Korea Customs Service (KCS) on July 15 announced it will jointly run an Electronic Origin Data Exchange System (EODES), which allows certificates of origin to be processed through electronic platforms, with Vietnam and India from next year.

The awards recognise the airline’s combination of expansive flight network, low fares, diversified services, clever promotions and personalised options for busy and highly demanding passengers

Carmaker VinFast revealed that it has secured a 1.2 billion USD incentive package from the North Carolina state for its electric vehicle manufacturing project in the US.

Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced during a Hanoi workshop organised on July 15 to launch a report on Vietnam’s economy in the first half of 2022.

Automaker VinFast has announced the simultaneous opening of the first VinFast stores in California, US, on July 15 (local time).

Vietjet has been named for two international awards, the ‘Value Airline of the Year’ and the ‘Top 10 Best Low-cost Airlines” for 2022 by AirlineRatings, the world’s renowned airline safety and product rating website.

H.C. Starck Tungsten Powders (HCS), a wholly owned subsidiary of Masan High-Tech Materials (MHT), on July 15 announced the signing of agreements to invest 45 million British pounds (US$53.2 million) for a 15 per cent in Nyobolt Limited. 

Panasonic Electric Works Vietnam Co. Ltd. (Electric Works Company) will accelerate the expansion of its electrical construction material business to grow sales by approximately 3.5 times over the next decade, equivalent to a 365 million USD increase.

Palesa Phili, Chief Executive Officer at Durban Chamber of Commerce and Industry (DCCI), has said that she is ready to act as the focal point as well as coordinate with the Vietnam Trade Office and the Vietnamese Embassy in South Africa to promote the connection between enterprises of the two countries.

The development of technology and new segments is creating new investment products, giving Vietnamese investors more choices besides traditional channels such as securities, real estate, gold or currency.

Việt Nam is the leading country for online purchases in Southeast Asia, with an average of 104 orders per year, per person.

Deputy Minister of Industry and Trade Do Thang Hai recently led a delegation of Vietnamese enterprises to the US to meet local officials and businesses to foster bilateral trade and investment links.

The Vietnam-Korea Cooperation Forum, part of a series of events to mark the 30th anniversary of Vietnam-the Republic of Korea diplomatic relations, will take place in Hanoi and Ho Chi Minh City from July 22-24.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,225 VND/USD on July 15, up 24 VND from the previous day.

Actions must be taken to reduce the number of delayed and cancelled flights while the infrastructure remained limited amid the booming of air travel in post-pandemic period.

Shares ended Thursday on a positive note thanks to the prosperity of financial-securities stocks.

Standardising the production process, updating technology and building product brands are keys to boosting Vietnamese agricultural exports to the UK.