Vietnam is anticipated to rake in roughly US$3.5 billion from exporting more than seven million tonnes of rice this year, according to industry insiders. The export price of Vietnamese rice in November maintained its position as the highest in the world, surpassing that of Thailand. According to the Vietnam Food Association (VFA), the export price […]
Read MoreForeign capital keeps flowing into Vietnam through many different channels, helping investors regain their confidence in the stock market and the economy. The stock market on November 29 saw strong selling pressure with the VN Index at times falling after climbing to the 1,000-point threshold in the previous trading session. However, cash flow into the […]
Read MoreThe Ministry of Industry and Trade (MOIT) fears the high level of rice imports and the failure to control imports will affect domestic production. In the draft decree to replace Decree 107/2018/ND-CP on rice trade and export, MOIT noted the imports of rice amid food price increases and Vietnam’s shift to higher-quality rice exports. Vietnam […]
Read MoreAs buyers have become more aware and careful about shady practices, real estate brokers have not been able to sell properties at prices much higher than their real value. In 2021, Tran Van Lan in Cau Giay district in Hanoi wanted to buy a land plot in HoaLac for investment. He was led by brokers […]
Read MoreThe Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam’s textile and garment industry be more environmentally friendly by 2030. By 2023, the industry plans to reduce energy consumption by 15% and water consumption by 20%. Green growth is an important part of sustainable development. In recent years, enterprises in the […]
Read MoreVietnam imported over 7.5 million tonnes of oil and petrol worth around US$7.74 billion as of mid-November, up 24.1% in volume and 122% in value year on year, according to the General Department of Vietnam Customs. The first half of November saw petroleum businesses spend US$360.6 million importing 380,877 tonnes, marking a rise of 21.81% […]
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