Food processing at a Korean company in Ho Chi Minh City. (Photo: SGGP)

Food processing industry attractive to FDI enterprises

According to the Ministry of Industry and Trade, Vietnam is among top agro-forestry-aquatic product and food exporters in the world with export turnover growth of around 8-10 percent annually but raw material export still accounts for a large proportion.
Agricultural product exports near US$34 billion

Agricultural product exports near US$34 billion

The Trade Promotion Agency under the Ministry of Industry and Trade on November 13 held several activities for market connection and investment cooperation for more than 450 enterprises from 29 cities and provinces in Vietnam and 23 countries and territories in the world in Ho Chi Minh City.
A Vietnamese goods stall at the Vietnamese goods week in Thailand. (Photo: SGGP)

Vietnamese goods week opens in Thailand

The ‘Vietnamese goods week in Thailand’ held by the Department of Industry and Trade of Ho Chi Minh City in association with Thailand’s BJC opened at Big C Supercenter Rajdamri in Bangkok, Thailand on November 7.
Nine-month overseas remittances to HCMC reach US$3.8 billion

Nine-month overseas remittances to HCMC reach US$3.8 billion

In the first nine months of this year, overseas remittances to Ho Chi Minh City via commercial banks and economic institutions were estimated at around US$3.8 billion, an increase of 7 percent over the same period last year.
Most enterprises  positively evaluate business environment

Most enterprises positively evaluate business environment

Most enterprises forecast that business situation in the last quarter of this year will be more optimistic than the previous quarter, according to the recently released survey on business situation of enterprises conducted by the General Statistics Office of Vietnam.
Producing rubber for export at Thong Nhat Rubber Joint Stock Company. (Photo: SGGP)

Vietnamese enterprises speed up to achieve export goal

According to the Ministry of Industry and Trade, growth in export turnover has been imbalanced with exports to the US, the EU, Japan and South Korea remaining steady whereas exports to China dropping heavily in both volume and value.
Small, super-small-sized supporting industry firms account for 97 percent

Small, super-small-sized supporting industry firms account for 97 percent

According to the Industry Agency under the Ministry of Industry and Trade, after implementing the decree on development of supporting industry for four years, at the present, there are around 1,800 supporting industry enterprises, of which, around 300 enterprises are Vietnamese-owned and the rest is chain businesses.
Vietnam, Canada boost cooperation, investment

Vietnam, Canada boost cooperation, investment

According to the Vietnam Chamber of Commerce and Industry (VCCI), in the past five years, trade turnover between Vietnam and Canada had doubled from US$1.95 billion in 2013 to $3.87 billion in 2018.
Vietnamese enterprises have competitive edge when exporting processed food into the US market. (Photo: SGGP)

Vietnam should be cautious about taking advantage of US-China trade war

More than 300 participants participated in the Vietnam-US Trade Forum 2019 with the theme ‘Global Supply Chains Movement – Opportunities to Promote Bilateral Trade and Investment’ held by the Ministry of Industry and Trade in association with the American Chamber of Commerce in Vietnam (AmCham Vietnam) on September 6 in Ho Chi Minh City.