A ceremony to sign agreement on launching the campaign "Vietnamese people prioritise Vietnamese goods"
Hanoi (VNA) – Domestic trade isexpected to continue rising this year, experts have forecast.
Total retail and services value this year isestimated to hit 3.9 trillion VND (168.7 million USD), up more than 10 percentannually, meeting the yearly target.
To that end, the Ministry of Industry and Trade(MoIT) will embark on 71 projects and a domestic market development scheme incombination with the campaign “Vietnamese people prioritise Vietnamese goods” for2014-2020.
It will also promote domestic trade,particularly during the New Year holiday and the year’s end, refine trade anddistribution infrastructure and develop supply chains with a focus on farmproduce.
MoIT statistics showed that total retail andservices value hiked 10.16 percent to 1.9 trillion VND (83.65 million USD) inthe first half.
Trade experts said exclusive of inflation, totalretail and services value increased about 8.4 percent, higher than 4.8-7.6percent from 2011-2016, showing that purchasing power is recovering.-VNA
Vietnam's retail sales of goods and services rose 9.5 percent this year, the largest increase since 2011, as low inflation and strong economic growth bolstered consumer confidence.
Vietnam’s economy continues to perform well but is being hindered by a number of challenges caused by contractions in the agriculture and mining sectors in the first half of the year.
The country’s total retail sales and services revenue reached 1,267.9 trillion VND (56.7 billion USD) in the first four months of this year, a year on year increase of 6.7 percent.
The Ministry of Industry and Trade (MoIT) and the US Agency for International Development (USAID) jointly held a consultation workshop on May 4 on the draft domestic trade development strategy to 2025 with a vision towards 2035.
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.
A ceremony to sign agreement on launching the campaign "Vietnamese people prioritise Vietnamese goods" 
