Hanoi (VNA) – The capital city of Hanoihas set a target of 10 percent growth in rural industrial production in 2018 toreach 98 trillion VND (4.32 billion USD).
Of the total, 10-12 percent growth is expectedto come from craft villages. Handicraft products’ export revenue is hoped to hit200 million USD, up 6.9 percent compared to 2017.
Nguyen Doan Toan, Vice Chairman of the HanoiPeople’s Committee, said that in 2017, the city’s industry development policieshelped industrial production increase 7.3 percent year on year, includingnearly 89.5 trillion VND of rural industrial production, up 33.3 percent overthe previous year.
Toan noted that the number of labourers workingin the rural industry in 2017 was over 417,600 up 4 percent year on year. Theiraverage income exceeded 47 million VND per year, an increase of 13 percent.
Last year, the city helped 12 rural industrial establishmentsupgrade technology, he said, adding that several effective projects werelaunched, including those developing production chains of organic fertilisersand steel production.
However, he also pointed out that someactivities to boost industrial production were not implemented due to wide areaand a lack of qualified personnel.
To effectively implement the targets in2016-2020, the city will launch industrial promotion programmes in acomprehensive manner.
Hanoi will assist 40 rural industrial establishmentsto hold vocational training courses on the craft industry for about 1,400labourers, while sending owners of about 1,500 other establishments to trainingcourses on start-ups, international integration and product design.
The city will also help 10 establishments applymodern technology in production to raise their products’ quality andproductivity, said Toan.-VNA
Vietnam's tea producers should meet Fairtrade International's certification standards to increase the competitive quality of tea products and improve their export value, said experts.
The rural industry in the central province of Thanh Hoa has significantly expanded during the past decade thanks to the implementation of Decree No 66/2006/ND-CP by the Prime Minister.
The Department of Local Industry and Trade under the Ministry of Industry and Trade held a workshop in Hanoi on September 19 to look into ASEAN-generated opportunities for rural industry products.
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.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Illustrative image (Source: VNA) 
