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South Korea Takes Over US as Vietnam's Second Trading Partner

HQ in VNSouth Korea has become Vietnam's second-largest trading partner, only preceded by China, displacing the United States in the first half of the year, an official release reports here today. 

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EU helps Vietnam develop green energy

green corporationThe EU Delegation to Vietnam and the MoIT jointly organized a high-level meeting recently in Hanoi to launch the VEPG, offering a chance for development partners and the ministry

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Exports exceed expectations in value and volume

det may 2The Ministry of Industry and Trade (MoIT) forecast that Vietnam’s export value could reach US$195 billion in 2017, a rise of 10-11 percent compared with 2016.

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Deputy PM visits Australia to beef up bilateral ties

Aus deputyDeputy Prime Minister Vuong Dinh Hue held working sessions with some Australian officials on July 24 to seek measures to further foster partnership between the two countries.

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RCEP meet begins amid protest by people’s organisations

RCEP 3As the 19th council meeting of the Regional Comprehensive Economic Partnership Agreement (RCEP), a FTA between member-countries of ASEAN and six other countries including India

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Foreign investors pouring more money into petrol market

petroAn MOIT report shows there are 29 petrol distribution chains in Vietnam and the number has been increasing rapidly in the last year with at least five distributors set up this year.   

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IMF: Vietnam's dynamic economy continues to do well

World Economy Outlook 2017“Strong manufacturing and FDI, an improving construction sector, and robust domestic demand continue to underpin activity [in Vietnam],” Mr. Ranil Salgado, Assistant Director

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Aussie firms seek VN investments

tom dong lanh vnAustralian food, rice processing and information technology companies want to accelerate co-operation and expand operations in Việt Nam, according to Australian officials and business

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News Analysis: RCEP opens up myriad opportunities for many economies

TPP 1905After the U.S. withdrawal from the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP) is considered by Vietnam as an alternative choice

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Multinationals view ASEAN with renewed optimism

nha mayA growing middle income class increasing regional integration in tandem with solid economic growth over the past few years are some of the reasons multinationals are viewing ASEAN

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