Việt Nam has the third lowest operating costs among nine countries in Asia, just behind Cambodia and Myanmar, according to Asia-Pacific’s leading business transformation consultancy TMX. 

Vietnam’s agricultural produce sent to China are, including those sent via unofficial channels, quality products. Quality has no bearing on them being stopped at customs, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam told the ministry’s meeting in Hanoi on January 12.

The COVID-19 pandemic, with its complicated developments, has given a boost to e-commerce, with non-cash payments accounting for 70 percent of total retail transactions in Vietnam last year.

With stable and high demand for specialty rice from Asia, the European Union (EU) remains a highly potential market for rice exporters of Vietnam, the Dau tu (Vietnam Investment Review) reported.

Starbucks opened six additional stores in Vietnam between last December and January 2022, with three each in Hanoi and Ho Chi Minh City.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,082 VND/USD, down 14 VND from the previous day.

Ho Chi Minh City will begin construction of Metro Line No. 2 in 2022, according to the municipal Department of Transport.

While textiles is one of the key industries in Việt Nam with high export revenue, it is also among industries that pose a high environmental and social risk, according to Nguyễn Quốc Hùng, general secretary of Việt Nam Bankers Association.

Leaders of the northern province of Ha Nam on January 13 held a meeting with foreign investors to listen to their feedback, aiming to seek measures to remove obstacles and difficulties in their production and business activities.

F88 has successfully closed a US$10 million senior secured loan facility from Lendable Inc, a leading emerging market fintech debt finance provider.

The domestic rubber industry had a strong recovery in export turnover last year, after 10 years of plunging due to a strong reduction in the export price of rubber.

Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.

Việt Nam’s agricultural produce sent to China are, including those sent via unofficial channels, quality products. Quality has no bearing on them being stopped at customs, Deputy Minister of Agriculture and Rural Development Trần Thanh Nam told the ministry’s meeting on January 12 in Hà Nội.

Việt Nam's GDP growth has been forecast to accelerate at a 5.5 per cent rae in 2022 from a dismal 2.6 per cent during the previous year, according to a report released by World Bank yesterday. 

Japan Petroleum Exploration Company Ltd (JAPEX) is set to buy an undisclosed stake in ITECO Joint Stock Company and join hands to build a liquefied natural gas terminal in a northern city.

The Civil Aviation Authority of Vietnam (CAAV) has suggested the Ministry of Transport allow it to take the initiative in increasing flights, starting from January 14, to meet growing demand as the Lunar New Year (Tet) - the longest and biggest traditional festival of Vietnam - is approaching.

The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended.

Prime Minister Pham Minh Chinh has asked the Ministry of Industry and Trade to work with relevant ministries, agencies and seven provinces bordering China to quickly set up a working group to address the congestion of goods at border gates.

The Asian Development Bank (ADB) signed a 25 million USD loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and -led small and medium-sized enterprises (WSMEs) in Vietnam.

The Vietnamese stock market continued to reach another historic record, with the largest number of new accounts opened in December after 21 years of operation.