Hanoi (VNA) – A trade working group within the framework of the Ministerial-level Vietnam-Australia Economic Partnership Meeting convened an online meeting on October 27. At the meeting (Photo: Ministry of Industry and Trade)_ The two sides reviewed the implementation of contents reached in last year's meeting, discussed bilateral and multilateral trade issues and those at regional and global forums,...

Hanoi (VNA) - Vietnam has emerged as a hub of foreign direct investment (FDI), according to the eurasiantimes.com. Illustrative image (Photo: VNA) In an article published on October 26, the website said in the race to become an Asian tiger, Vietnam’s FDI has averaged more than 6 percent of GDP, the highest in any emerging country, as per American...

Hanoi (VNA) – Close to 130 Nigerian importers have participated in the Vietnam – Nigeria Business-to-Business (B2B) Networking Webinar on Fashion Products 2020. Vietnam and Nigeria hold a B2B Networking Webinar on Fashion Products 2020 on October 22-23. (Photo: Bnews) The event was co-held by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, the...

Hanoi (VNA) – The international forum Franconomics, a multidisciplinary dialogue on important socio-economic topics of countries in the French-speaking community, opened in Hanoi capital on October 22. Delegates pose for a group photo. (Photo: VNA) The two-day event, themed “From start-up to smart-up”, is jointly held by the International Francophone Institute (IFI) and the Organisation Internationale de la...

Hanoi (VNA) – Vietnam will create optimal conditions for Samsung Electronics to invest in high technology projects, Prime Minister Nguyen Xuan Phuc said on October 20. Prime Minister Nguyen Xuan Phuc (R) receives Vice Chairman of Samsung Electronics Lee Jae-yong (Photo: VNA) He made the pledge while hosting a reception in Hanoi for Vice Chairman of Samsung Electronics Lee...

Hanoi (VNS/VNA) - Commercial banks should diversify their loan products, lower interest rates and simplify procedures to improve accessibility to official credit channels in an effort to keep people away from illegal sources, Deputy Governor of the State Bank of Vietnam Dao Minh Tu said. Illustrative image (Photo: VNA) According to Ngo Hong Vuong from the Ministry of...

Hanoi (VNA) – Vietnam’s cashew exports are likely to increase in the remaining months of the year, prompted by surging demand, cashew firms have said. Vietnam’s cashew nut exports are likely to increase in the remaining months of the year, prompted by surging demand (Photo: congthuong.vn) Figures released the Agency of Foreign Trade under the Ministry of Industry and...

HCM City (VNS/VNA) - Vietwash, which runs a chain of car washes in Vietnam, recently announced it had raised 1.7 million USD for its current round of financing from the Republic of Korea’s energy company GS Caltex. Vietwash executives in HCM City on October 5. (Photo: VNS) It said the money would enable it to further strengthen its position...

Hanoi (VNA) – Vietnam earned 2.5 billion USD from exporting fruit and vegetable in the first nine months of 2020, representing a year-on-year drop of 11 percent, according to the Import-Export Department under the Ministry of Industry and Trade. Vietnamese dragon fruits sold in Japan (Photo: VNA) The department reported that in August, the export revenue of the sector...

Vinh Phuc (VNA) – Korean-funded YPE Vina Co. Ltd. and Korea Circuit Co. Ltd. kicked off the construction of an electronic component plant in Dong Soc industrial cluster in the northern province of Vinh Phuc on September 30. At the event (Photo: VNA) Covering 13.5 hectares, the 270-million-USD factory will manufacture integrated circuits for Samsung and Apple. It is...