Workers at an electronic product manufacturing factory (Photo: VNA)
Hanoi (VNA) – Eleven provinces and cities had exports of more than 1billion USD in the first quarter and accounted for 78 percent of the nation’sentire exports.
Bac Giang, Bac Ninh, Binh Duong, Dong Nai, Hai Duong, Long An, Tay Ninh, andThai Nguyen provinces and Hai Phong, Hanoi and Ho Chi Minh City accounted forexports of 49.35 billion USD between them.
Tay Ninh was a new entrant to the club after managing to increase shipments by10 percent year-on-year to 1.094 billion USD.
Meanwhile, HCM City became the first locality ever to exceed 10 billion USDworth of exports in a quarter, according to the General Department of Customs.Its exports were up 14.6 percent and it accounted for 16.6 percent of thecountry’s total exports.
Hai Phong and Bac Ninh reported impressive increases, the former’s by nearly1.05 billion USD to 3.92 billion USD, the second highest after HCM City.
The country’s second biggest exporter, Bac Ninh, saw shipments rise by 450million USD to 8.06 billion USD.
Hanoi and Thai Nguyen bucked a trend of rising exports.
The latter’s dropped by over 400 million USD to 6.95 billion USD.
Hanoi’s exports fell from 3.35 billion USD to 3.15 billion USD./.
Aside from speeding up transport infrastructure projects, many localities around Vietnam are also readying plans to reactivate production, business, nd export activities amid and also after the COVID-19 pandemic.
Ho Chi Minh City has begun to implement a number of measures to gradually revive business activities post-social distancing necessitated by the Covid-19 pandemic.
Enterprises should “put people first” in their human resource plans as the COVID-19 pandemic is forcing companies to scale down business or even close for good, experts said at an online seminar on HR management held in HCM City on April 24.
Online customs declaration services will be made available for exports of additional 38,000 tonnes of rice at 0:00 am on April 26, according to the General Department of Vietnam Customs.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.