Trade turnover between Vietnam and Brazil reached 6.35 billion USD last year, the highest value so far, said Ngo Xuan Ty, Head of the Vietnamese Trade Office in Brazil.
Hanoi (VNA) – Trade turnover between Vietnam andBrazil reached 6.35 billion USD last year, the highest value so far, said NgoXuan Ty, Head of the Vietnamese Trade Office in Brazil.
In the first three months of this year, the figurestood at 1.7 billion USD, up 11.9 percent year-on-year, of which Vietnam’sexport revenue was 533.2 million USD, a rise of 3.5 percent, Ty told aconsulting session on export to Brazil held by the Vietnam Trade PromotionAgency at the Ministry of Industry and Trade on May 6.
The official said Vietnamese rice noodle has beenfavoured by local consumers as well as Asian people in Brazil, and suggested Vietnamesebusinesses increase the export of other products like garments-textiles andfootwear.
To access the market, the firms should pay attentionto product quality, packaging and price, while stepping up trade promotion,especially through major fairs in Brazil, he continued.
Pointing out the complicated tax system in Brazil,Ty asked Vietnamese enterprises to carefully study products, saying they shouldseek local partners or consulting firms in this regard./.
Vietnamese businesses need to cooperate closer with partners in order to boost exports to Brazil in the last month of 2021 as the American market’s import and export activities have recorded a stable growth, according to the Vietnam Trade Office in Brazil.
The Vietnam-Brazil culinary festival opened at Mezanino restaurant in Brasilia on April 20, marking the opening of activities to introduce Vietnamese cuisine at 14 well-known restaurants in the Brazilian capital city until May 8.
Vietnamese Ambassador to Brazil Pham Thi Kim Hoa paid a working visit to Amazonas state on April 25-28, in the framework of the working programme of the ASEAN Committee in Brazil (ACB).
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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Source: VNA) 
