The Vietnam Export Promotion Forum 2023 with the theme of “green export promotion” will be held in Hanoi on November 24, the Ministry of Industry and Trade (MoIT) has announced.
The Vietnam Export Promotion Forum 2023 with the theme of “green export promotion” will be held in Hanoi on November 24. (Illustrative Photo: congthuong.vn)
Hanoi (VNA)🀅 – The Vietnam ExportPromotion Forum 2023 with the theme of “green export promotion” will be held in Hanoion November 24, the Ministry of Industry and Trade (MoIT) has announced.
The event is expected to gather 300 experts, enterprisesand international organisations in Vietnam, aiming to create a channel fordialogue and consultation with many stakeholders to shape, identifydifficult problems and opportunities in green trade development, and propose solutions and support policies for green trade. It is also an opportunity to share practicalexperiences of pioneering businesses in green production and sustainable exportdevelopment to meet global green consumption trends. According to the MoIT, green growth and circulareconomy are becoming a global trend, drastically practiced in the world's mostdeveloped economies as a solution to reduce greenhouse gas emissions, aimingfor a long-term carbon neutral economy.
The ministry said that responsible business and environmentalprotection are mandatory requirements for businesses producing exports as thesefactors affect the global value chain of the product. Therefore, the ministryhas been promoting information to support businesses in meeting standards andcriteria for sustainable development and green growth.
𒀰 Experts acknowledged that Vietnam is one of the countries with strongcommitments to environment at the Climate Change Summit (COP26), including acommitment to pioneer in energy transformation, along with green and digitaltransformation.
Statistics of the MoIT revealed that import-export isa bright spot of Vietnam’s economy with a total import export turnover reaching 732.5 billion USD in 2022. In the first 10 months of 2023, the country’s totalimport-export turnover achieved 558 billion USD, a decrease of 9.6% yearon year. Besides a fall in market demand, many foreignmarkets such as the US, the UK and the EU have raised standards for imports as an attempt to boost green transition and emission neutralisation./.
The southeastern region, which leads the country in foreign direct investment attraction, has great potential and motivation to attract high-quality investment, particularly those to green and sustainable development areas, heard a conference held in Dong Nai province on October 12.
Experts have shared a view that green credit and green growth play an important role in implementing the National Green Growth Strategy in the 2021-2030 period with a vision until 2050 as they create resources for environmentally-friendly projects and programmes.
Implementing green growth and sustainable development goals is a challenge but also an opportunity for the business community and investors in Vietnam, participants heard at a conference on November 16.
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.