The Ministry of Industry and Trade (MoIT) held a workshop in the northern province of Ninh Binh on October 6 to seek broader links between trade sectors in 28 northern cities and provinces.
Ninh Binh (VNA) 𓂃– The Ministry of Industry and Trade (MoIT) held a workshop in the northern province of Ninh Binh on October 6 to seek broader links between trade sectors in 28 northern cities and provinces.
The event reviewed the industrial production outcomes in 2015 and the first nine months of 2016.
The municipal and provincial Departments of Industry and Trade shared experience in the State management in the field and proposed measures to embrace their links to optimise potential and strengths in each locality.
Participants asked the MoIT and the People’s Committees to remove difficulties for businesses, develop production for economic growth and ensure social welfares.
They discussed various issues such as the connection of farm produce markets, the efficiency of policy to develop industrial clusters, and the promotion of trade links in 2016 and the following years.
Insiders suggested the State build proper mechanisms and policies to develop handicraft and small industry and craft village industry, as well as attract businesses to invest in industrial clusters under the public-private partnership (PPP) model.
In the coming time, the industry and trade sectors in 28 cities and provinces in the north will help businesses maximise their manufacturing capacity, enhance State management in environmental protection at industrial parks, and ensure electricity in rural areas.
Relevant agencies will continue to promote communication campaigns to raise public awareness of international integration, protection of customers’ rights, and e-commerce, while forging connectivity among joint ventures, businesses and foreign partners.-VNA
The trade deficit continued its down-turn, falling to 8.9 billion USD in the first 11 months of 2011, a year-on-year decrease of 1.7 billion USD, the General Statistics Office (GSO) said.
The GSO said growth in exports had been higher than imports in current months.
In the first 11 months of this year, export turnover was 22.5 billion USD, up 34.7 percent over the same period last year. Meanwhile, imports in the same period rose 26.4 percent, worth 96.07 billion USD.
Vietnam’s trade and industry sectors have been warned about fiercer competitions when the free trade agreements (FTAs) that Vietnam has signed take effect.
Prime Minister Nguyen Xuan Phuc asked the Ministry of Industry and Trade to achieve a 10 percent export growth this year, during a conference reviewing the sector’s six-month activities on July 12.
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&.
At the workshop (Source: //vfpress.vn)
