A man choose meat products at a supermarket in Ho Chi Minh City. (Photo: VNA)
Hanoi (VNA) – Vietnam is now importing meat and meat products from 37 markets, the Agency of Foreign Trade under the Ministry of Industry and Trade has said.
Among them, India is the largest supplier, accounting for 29.53% of the total meat and meat product imports, it noted.
The agency cited statistics from the General Department of Vietnam Customs, indicating that in January, Vietnam spent 127.52 million USD on buying close to 62,440 tonnes of meat and meat products from overseas, up 76.2% in volume and 72% in value year-on-year.
Vietnam’s imports of these goods from India reached nearly 18,440 tonnes worth 55.36 million USD, increasing by 184.9% and 190.7% annually, respectively.
In the first month, the nation mainly purchased chilled or frozen meat and edible by-products of poultry, pig, cattle, and buffalo. These varieties saw significant increases in both import volume and value against 2023./.
Vietnam is one of the countries with the largest total poultry population in the world, with up to 551.4 million heads being raised across the country in the first quarter of this year, a year-on-year rise of 2.4%.
Vietnam imported more than 60,800 tonnes of meat and meat products worth 124.85 million USD in July, a year-on-year fall of 1.1% and 11.2%, respectively, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.
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.
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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
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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.
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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.
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A man choose meat products at a supermarket in Ho Chi Minh City. (Photo: VNA) 
