Vietnam Trade Office in Canada

Enterprises are active in pandemic prevention and production stabilisation. (Photo: VietnamPlus) In spite of the fact that the COVID-19 epidemic has affected production activities of enterprises at industrial parks, Vietnam’s total import and export turnover still sustained its growth momentum in the first five months. However, trade deficit also returned. Five-month export value exceeds 130 billion USD Vietnam shipped overseas 130.94 billion USD worth...

Over recent years, a rise in FDI has helped Vietnam boost its elevation in the global value chain Vietnam has successfully transformed into a manufacturing-oriented economy, supported by stronger global value chain (GVC) participation thanks to a rise in foreign direct investment (FDI), especially in the manufacturing industry. However, amid the post-pandemic GVC reconfiguration, FDI policies need to be carefully aligned...

Participants at the press conference (Photo: VNA) The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic. The information was announced by the SBV at a press conference on June 21 to review the banking sector’s activities in the first...

Illustrative image (Photo: VNA) The Vietnamese economy has fared better than most during the COVID-19 pandemic and is well placed to capture renewed FDI interest, according to an article posted on the UK website lexology.com on June 23. The article said in recent years, the Vietnamese Government has focused on opening its market while also boosting its international trade ties. After joining the World Trade Organization (WTO)...

Demand for cold storage is increasing sharply as consumers in Vietnam turn to online shopping. (Photo: Baodautu.vn) The trend of shoppers going online en masse is driving demand for cold storage facilities, something that is in severe short supply in Vietnam. Nguyen Quoc Trinh, chairman of the Long An Dragon Fruit Association, said June is the peak harvest season for many agricultural products...

Localities in the Southern Key Economic Zone have attached great importance to attracting investment for support industry development Cities and provinces in the Southern Key Economic Zone, such as Ho Chi Minh City, Binh Duong and Dong Nai, are paying greater attention to helping support industries increase the technological content of industrial products to enable their integration into the supply...

Viet Nam's national government has approved adjustments to Da Nang's master plan by 2030, vision to 2045 Authorised by Vietnamese Prime Minister Nguyen Xuan Phuc (PM), Deputy Prime Minister Trinh Dinh Dung on Monday signed a decision giving the green light to implement the adjustments to the master plan Authorised by Vietnamese Prime Minister Nguyen Xuan Phuc (PM), Deputy Prime Minister...

Illustrative image (Photo: VNA) Hanoi’s economy still expanded despite impacts from the COVID-19 pandemic, with its gross regional domestic product (GRDP) up 5.91 percent in the six months of 2021, higher than 3.39 percent recorded in the same period last year, said Vice Chairman of the municipal People’s Committee Le Hong Son.  Hanoi’s economy still expanded despite impacts from the COVID-19...

The Thuan Dao industrial park in Ben Luc district of Long An attracts FDI projects (Photo: VNA) Long An province posted high growth in the first half of 2021 despite the negative impact of COVID-19, coming third amongst 13 Mekong Delta localities, according to the provincial People’s Committee. Long An province posted high growth in the first half of 2021 despite the...

Allowing foreign investors to participate more in the petrol and oil retail market must be given careful consideration with gains and losses taken into account. (Photo: laodong.vn) Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business...