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Vietnam needs transformation to green production to facilitate exports to EU

A conference on green transformation in agricultural and food production for EU market expansion convened on November 13 to explore Vietnam’s potential in environmentally friendly production.

Several localities achieve record-breaking import-export growth

During the first ten months of 2024, Ho Chi Minh City maintained its leading economic position, contributing the largest share of Vietnam’s total import-export turnover, reaching nearly 88 billion USD, up by 7.3 billion USD year-on-year.

Vietnam, Sweden connect port in Vung Tau with Port of Gothenburg

The world’s leading container shipping company MSC announced the expansion of its SWAN service starting in 2025, which will establish the first direct route between the Sweden’s Port of Gothenburg and Vietnam’s Ba Ria - Vung Tau.

Vietnam’s auto sales hit new peak in October with strong demand

Vietnam’s auto market saw record-breaking sales in October, with government discounts and year-end demand driving growth across both domestic and import brands.

Ninh Thuan residents call for clear policy on suspended nuclear power plans

Following the cancellation of land reclamation orders, Ninh Thuan residents are cautiously rebuilding their livelihoods but remain on edge as they await clear government direction on the region's nuclear project plans.

VN farmer finds success with natural black snail farming in durian garden

In his 15,000-square-meter durian garden, Bui Hoang Hong Thai has found success and peace through eco-friendly black snail farming, earning an annual profit of around 350 million VND ($15,000 USD).

Vietnam spends US$2.89 billion importing cashew nuts

Cashew nut imports reached more than 2.3 million tons worth more than US$2.89 billion over the past ten months of the year, down 8.5% in volume and 1.1% in value compared to the same period from last year.

Flexible solutions crucial to develop carbon credit market: experts

Vietnam needs to establish a specific roadmap for the transition to green energy as well as design and manage the emissions trading system toward the official operation of the carbon market in 2028, according to experts.

Vietnam draws new wave of high-value investments: Savills

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.

Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce market is estimated at 22 billion USD this year, ranking third in Southeast Asia behind Indonesia (65 billion USD) and Thailand (26 billion USD).

Steady FDI growth drives Vietnam industrial real estate: Savills

Steady annual growth in FDI is a key driver of industrial real estate in Vietnam, according to Savills’ Asia Pacific Investment Quarterly report for the third quarter of the year.

VinaCapital: Trump’s election should have little impact on Vietnam

Vietnam should fare reasonably well under the next Trump administration, according to investment management firm VinaCapital.

Innovative eel farmer in Can Tho profits from mud-free rearing of 20,000 eels

Nguyen Van Phuong, a farmer from Can Tho, raises over 20,000 eels in cement tanks, turning a unique farming technique into a steady income stream.

VN coffee sector breaks export records, awaits EU’s $48 billion market decision

Vietnamese coffee has achieved remarkable export figures and record prices in 2024, now awaiting the EU’s pivotal decision on its Anti-Deforestation Regulation, expected to impact market dynamics.

Criminal case exposes alleged financial misconduct at SJC gold monopoly

A high-profile investigation involving Saigon Jewelry Company (SJC) is unfolding, with six suspects facing allegations of corruption and abuse of power in their handling of state-directed gold price stabilization.

Vietnam Airlines eyes comprehensive plan for recovery amid intense competition

Vietnam Airlines Chairman Dang Ngoc Hoa warned of mounting global competition, emphasizing that swift adaptability, rather than size, will determine survival in the airline industry.

Vietnam’s BIM Group founder Doan Quoc Viet passes away

The founder and chairman of BIM Group, Doan Quoc Viet, passed away at age 70, marking the end of a pioneering journey in Vietnam’s private sector.

Shein and Temu face halt orders in Vietnam without official registration

The Ministry of Industry and Trade has mandated that unlicensed cross-border e-commerce platforms like Temu and Shein must cease all commercial activities in Vietnam until they complete official registration processes.

Economic reforms propel Vietnam up global economic freedom rankings

Vietnam’s economic freedom ranking has improved for the third consecutive year, highlighting the success of ongoing reforms and offering crucial policy lessons.

Taxing second homes: A remedy or a risk for the real estate market?

Vietnam's real estate market faces tough questions as experts discuss the potential effects of a proposed property tax on second homes.