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Int’l passenger volume via airports sees strong growth in first 8 months

The aviation transportation output for the first eight months has maintained good growth, while the domestic market has seen a slight decline, the international market has grown strongly.

Phone and component exports to India skyrocket in seven months

Vietnamese phone and component exports to India during the opening seven months of the year reached US$1.15 billion, representing a sharp rise of 102% on-year, according to data released by the General Department of Vietnam Customs.

Philippines to import 150,000 doses of African swine fever vaccine from Vietnam

Vietnam's vaccine maker AVAC Vietnam Joint Stock Company (AVAC) will export 150,000 doses of African swine fever vaccine to the Philippines on August 29, said AVAC General Director Nguyen Van Diep.

VN has great advantages in carbon credit market

A stable political regime, high potential for carbon market, and the 16th global position in biodiversity are Vietnam's advantages in the world carbon credit market.

Bid buyers make big profits from land auctions

A new profession has appeared in Vietnam – land price inflator or bidding buyers at land auctions, who artificially push land prices up and then resell the auctioned land at high prices for profit.

At least 30,000 food and beverage stores in Vietnam closed in H1

The latest shutdown reduced the number of stores operating in the country to approximately 304,700, down four per cent year-on-year, according to a report published by the iPOS.vn platform, which specialises in researching the Vietnamese market.

ACV proposes using own funds to build 2nd runway at new airport

They say it is essential for airports to have additional runways to prevent entire operations from being disrupted in case of an accident or malfunctions on the first runway.

Timber and wood product exports gross US$9.5 billion by mid-August

Vietnamese timber and wood product exports from January to August 15 surged by 24% to reach US$9.5 billion against the same period from last year, according to details given by the General Department of Vietnam Customs.

Ministry auctions import of 126,000 tonnes of sugar

As per Decision No 2226, the allocation of import tariff quotas for sugar (HS code 17.01) this year, totaling 126,000 tonnes, will be conducted through auctions carried out in September.

Early season mid-autumn festival mooncake market caters to diverse demand

With the growth of technology, online sales channels have also played a crucial role in the mooncake market.

Opportunity for Vietnam as Indonesia increases rice tender volumes

With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Vietnam.

New policy promotes green banking development in Vietnam

The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.

Vietnam's economy poised to gain from regional growth in 2025

The credit rating organisation Moody's has forecasted a positive economic outlook for the Asia-Pacific region in 2025, with accelerating growth in Southeast Asia, and Vietnam is expected to benefit notably from this trend.

Local car makers to benefit from 50% registration fee cut

Pent-up demand is due to push up car sales in the final months of the year, according to experts.

Vietnamese innovation: Biochar and wood vinegar production from durian shells

As the area under durian cultivation expands in Vietnam, innovative methods are being developed to convert the large quantities of discarded durian shells into biochar and wood vinegar, reducing environmental impact and boosting farmers’ incomes.

Vietnam's economy projected to grow 6.1% this year: WB

Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report.

VN firms advised to stay cautious amid Singapore’s trade regulation adjustment

The Vietnamese Trade Office in Singapore has advised Vietnamese businesses to closely monitor these adjustments and new policies that are currently in effect or will be implemented.

VN extends trial period for local citizens to play at casinos until end of 2024

The trial period permitting Vietnamese citizens to play at select casinos has been extended until December 31, 2024, with the Phu Quoc casino project showing mixed financial results during the pilot phase.

Vietnam promotes circular economy in waste recycling

Many businesses in Vietnam have developed circular economy models, focusing on waste-to-energy and producing building materials from the ash and slag of thermal power plants.

Ministry of Transport proposes new categorisation of railways

The Ministry of Transport has proposed a significant overhaul of Vietnam's railway management system, as outlined in the draft Revised Railway Law.