Land Law 2024 to lure billions of dollars of remittances to real estate market: Insiders (Friday, May 10,2024)

The Land Law 2024, which creates a smooth legal corridor for overseas Vietnamese (OV) to invest in housing in Vietnam, is expected to help Vietnam attract billions of dollars of remittances each year, contributing to promoting the growth of the real estate sector, according to insiders.

  Positive market figures fuel expectations for stable development climate (Friday, May 10,2024)

The Purchasing Managers' Index (PMI) of the Vietnamese manufacturing sector rebounded above the 50.0 no-change mark, fostering hopes for a stable climate in which businesses can prosper.

  Vietnam's main fruit and vegetable export markets in first 4 months of 2024 (Friday, May 10,2024)

The Ministry of Agriculture and Rural Development said that Vietnam's fruit and vegetable export turnover in April of 2024 was estimated to reach 520 million USD, an increase of 33.9% over the same period of 2023.

  In the first 4 months, cinnamon exports earned 65.2 million USD (Thursday, May 9,2024)

In the first 4 months of 2024, Vietnam exported 22,352 tonnes of cinnamon, worth 65.2 million USD, down 9.4% in volume and 11% in value compared to the same period last year.

  US puts brakes on investigation into steel rolls imported from Vietnam (Thursday, May 9,2024)

The US Department of Commerce (DOC) has terminated its scope review investigation into steel rolls imported from Vietnam, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

  Investment opportunities in Vietnamese stocks with potential Fed rate reduction (Thursday, May 9,2024)

The potential reduction in interest rates by the Fed is expected to open up favourable investment opportunities in Vietnamese stocks, particularly in key sectors such as banking, import-export, retail, materials, industrial parks, technology and businesses with high dividend yields.

  Vietnam’s economy changed positively in 4 months (Thursday, May 9,2024)

In the context that the world is facing many difficulties and challenges, Vietnam's socio-economic situation in April continued to change quite positively, contributing to improving the overall results of the first 4 months of the year and creating momentum for new developments in the next months.

  To reduce costs, export enterprises take advantage of nearby markets (Wednesday, May 8,2024)

With geographical advantages, close markets such as China and ASEAN are being chosen by many enterprises in their business strategies to reduce costs.

  In 4 months, exporting phones and components earned more than 18.4 billion USD (Wednesday, May 8,2024)

In the first 4 months of the year, phone and component exports earned more than 18.4 billion USD, up 6.6% compared to 4 months of 2023.

  Total foreign investment in Vietnam reached 9.27 billion USD in 4 months (Wednesday, May 8,2024)

The total foreign investment capital registered in Vietnam as of April 20, 2024 includes: newly registered capital, adjusted registered capital and the value of capital contributions and share purchases of foreign investors reached nearly 9.27 billion USD, up by 4.5% over the same period last year.

  Vietnam seeks collaboration with Australia on sustainable agriculture (Wednesday, May 8,2024)

Deputy Minister of Planning and Investment Do Thanh Trung has expressed his wish for the support from the Australian Centre for International Agricultural Research (ACIAR) in optimising investment resources for agriculture and rural development.

  Hanoi attracts over 1.1 billion USD in FDI in four months (Wednesday, May 8,2024)

The capital city of Hanoi attracted more than 1.13 billion USD of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over 1 billion USD and 47 projects permitted to increase a combined investment capital of 79 million USD.

  Exports grew strongly and evenly in all three product groups (Wednesday, May 8,2024)

In the first 4 months of 2024, exports will grow strongly and evenly in all 3 groups of agricultural products, industrial processing and manufacturing and mineral fuels.

  Hanoi's economy showed many positive signs in four months (Tuesday, May 7,2024)

According to the data just announced by the Hanoi Statistics Department, the export and import turnover of goods in the first 4 months of 2024 in Hanoi increased by 9% and 8.1% respectively compared to the same period of 2023.

  MoF refuses to cut import tax for some materials of animal feed production (Tuesday, May 7,2024)

The Ministry of Finance (MoF) has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Ben Tre province's voters.

  Vietnam acts to seize opportunity to join global semiconductor supply (Tuesday, May 7,2024)

The Government of Vietnam has been taking drastic and prompt measures to seize the opportunity to join the global semiconductor supply.

  Would 2024 see Vietnam tuna exports hit the billions? (Monday, May 6,2024)

Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.

  The picture of shrimp exports in the first quarter of 2024 (Monday, May 6,2024)

In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.

  DAILY: Vietnamese pepper prices remained unchanged on May 6, 2024 (Monday, May 6,2024)

On Monday, domestic pepper prices in Vietnam's Central Highlands remained unchanged at VND103,000 - VND104,000 per kg compared to Yesterday, according to Kinhtedothi.

  DAILY: Vietnamese coffee prices decreased by 2,500 VND on May 6, 2024 (Monday, May 6,2024)

On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell by 2,500 VND to VND109,500 – VND110,200 per kg compared to Yesterday, according to Kinhtedothi.

  Hanoi attracted 1.132 billion USD of FDI capital in four months (Monday, May 6,2024)

According to the data just released by the Hanoi Statistics Department, in the first 4 months of 2024, Hanoi City has attracted 1.132 billion USD of FDI capital.

  Green logistics helps firms obtain sustainable, comprehensive development: Insiders (Monday, May 6,2024)

Greening the logistics industry and applying green logistics in business will help enterprises meet environmental criteria, increase competitiveness, and achieve sustainable and comprehensive development and growth, experts said.

  Foreign investors encouraged to invest in petroleum storage infrastructure (Monday, May 6,2024)

The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.

  Canada - a potential tuna market (Sunday, May 5,2024)

After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.

  Vietnam has a surplus of 1.2 tonnes of urea fertilizer and 1.1 tonnes of phosphate fertilizer each year (Sunday, May 5,2024)

Domestic fertilizer production and consumption are imbalanced, while the supply of urea and phosphate products is surplus, many other fertilizer products such as potassium, micronutrient fertilizers, and organic fertilizers are still in short supply.

  Vietnamese pomelo likely to be exported to Australia (Sunday, May 5,2024)

The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions, said the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).

  DAILY: Vietnamese pepper prices rose by 1000 VND on May 4, 2024 (Saturday, May 4,2024)

On Saturday, domestic pepper prices in Vietnam's Central Highlands rose by 1000 VND to VND100,000 - VND101,000 per kg compared to Yesterday, according to Kinhtedothi.

  DAILY: Vietnamese coffee prices decreased by 17,500 VND on May 4, 2024 (Saturday, May 4,2024)

On Saturday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell by 17,500 VND to VND109,500 – VND110,200 per kg compared to Yesterday, according to Kinhtedothi.

  Ho Chi Minh City’s retail sales up 12% in first four months (Saturday, May 4,2024)

Ho Chi Minh City’s total retail sales of goods and consumer services revenue reached over 366.94 trillion VND (14.44 billion USD) in the first four months of 2024, up 12% year on year, the municipal Department of Industry and Trade told a press conference on May 3.

  Kien Giang posts 21.26% increase in exports over first four months (Saturday, May 4,2024)

The Mekong Delta province of Kien Giang raked in over 290 million USD from exports in the first four months of this year, accounting for 31.6% of the annual target and up 21.26% from the same period last year.