Outstanding industrial products in rural areas honoured
As many as 173 products were recognised as national outstanding rural industrial goods in 2023 at a ceremony held by the Ministry of Industry and Trade in Hanoi on December 15.
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan speaks at the event held in Hanoi on December 15. (Photo: VNA)
Hanoi (VNA) – As many as 173 products were recognised as nationaloutstanding rural industrial goods in 2023 at a ceremony held by the Ministryof Industry and Trade in Hanoi on December 15.
The products, which were selected from 465 products at the regional level, havegood quality, hold great potential to expand production, and meet the taste ofboth domestic and foreign customers.
Speaking at the ceremony, Deputy Minister of Industry and Trade Nguyen SinhNhat Tan asked stakeholders tocontinue support businesses in trade and investment promotion andthe application of advanced technologies into production to improve productivityand ensure food safety.
It is necessary to work out measures to assist the formation of production ina sustainable value chain, and promote economic and labour restructuring in ruralareas, he said. The move aims to preserve the cultural values of craftvillages, helping them better integrate into the global market.
He also encouraged enterprises to continue research, expand production anddevelop their products to make further contributions to the nation’ssocio-economic development.
At a booth arranged as part of the event's sidelines exhibition. (Photo: VNA)
On the occasion, the ministry also arranged a 250-booth exhibition to showcase outstanding products at national and regional levels. The event offered an opportunity forlocalities and organisations to meet, seek partners and expand their markets.
Activities held within the framework of the exhibition included a talk on thedevelopment of rural industrial products and a consultation on digitaltransformation./.
With many craft villages and a huge amount of products qualified for the One Commune One Product (OCOP) programme, Hanoi has many strengths in rural economic development.
An array of agricultural products has affirmed their position in the market thanks to the efforts of localities to carry out the “One commune, One product” (OCOP) programme.
The Mekong Delta province of Kien Giang strives for industrial production value to reach more than 48.18 trillion VND (2.04 billion USD) this year, a year-on-year increase of 8%.
The northern province of Bac Giang will earmark 3.5 billion VND (149,250 USD) to activities to facilitate industrial development in the province. The funds have been approved by the provincial People’s Committee.
The index of industrial production (IIP) in Hanoi rose by just 2.3% year on year in the first half of 2023, making it a heavy task for the city to reach the year’s IIP growth target of 7.5 - 8%.
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.
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan speaks at the event held in Hanoi on December 15. (Photo: VNA) 
At a booth arranged as part of the event's sidelines exhibition. (Photo: VNA) 
