Two employees at a shop selling Salanganes, one of Khanh Hoa's export commodities. (Source: VNA)
Khanh Hoa (VNA) – Exportvalue of the south central province of Khanh Hoa is expected to reach 1.21billion USD in 2016, an eight-percent increase against last year.
This is the fifth consecutiveyear Khanh Hoa’s export value has surpassed one billion USD.
Khanh Hoa’s main exportcommodities include new vessels, processed seafood, coffee, salanganes,garment and textile, and sand.
The province’s import value is estimated at720 million USD, producing a surplus of nearly 500 million USD.
According to the Khanh Hoa statisticsoffice, from 2014-2016, import value was over 700 million USD with machinery,raw seafood, fibre, silk for industrial production being key import goods.
♔ In 2017, Khanh Hoa aims to fetch1.32 billion USD from exports. The shipping industry plans to build eightvessels, four less than in 2015 when the ship-building industry’s export valuehit 390 million USD.-VNA
A workshop was held in Nha Trang city on July 10 to identify ways to boost the production of salangane nests – a delicacy from the central province Khanh Hoa.
A string of exciting cultural and sports activities will be organised in the central coastal city of Nha Trang for the Nha Trang Sea Festival from July 11 to 14.
The central province of Khanh Hoa plans to designate 10,000 hectares to the establishment of five salangane nest villages by 2020, thus further promoting its bird nest brand at home and abroad.
The 2016 Salangane Nest Festival took place on Hon Noi Island, which lies about 20 kilometres from Nha Trang city in central Khanh Hoa province, on June 14 or Lunar May 10.
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.
Two employees at a shop selling Salanganes, one of Khanh Hoa's export commodities. (Source: VNA)
