Hanoi enhances effectiveness of agricultural product chains

CMC Corporation is leading the AI transformation wave in Vietnam, with ambitions to become a global digital company.

The escalating cost of cashew imports, which has reached $2.3 billion this year, highlights a troubling trend in Vietnam's agriculture as cashew orchards give way to durian plantations.

Asia is the largest cinnamon import market of Vietnam, with Indonesia and China representing the two major cinnamon suppliers to the Southeast Asian nation, reaching 148 tons and 54 tons, respectively.

The European Chamber of Commerce in Vietnam (EuroCham) has recommended that the nation work to develop a legal framework to implement green transformation goals for the national economy, heard a forum held on August 21 in Ho Chi Minh City

Vietnam's exports to Singapore continued to achieve high growth of 36.25%, with a value of SGD763.9 million, while import turnover also rose by 16.7% to more than SGD2.38 billion.

The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.

The State Securities Commission (SSC) has issued a warning to investors about the risks associated with delisted stocks.

Vietnam’s economy has been recovering from the Covid-19 pandemic, with a GDP (gross domestic product) growth rate of 8.02 percent in 2022, 5.02 percent in 2023, and 6.44 percent in the first six months of 2024.

The Plant Protection Department urged enterprises to strictly comply with the EU’s quality regulations for agricultural products, as the bloc increases demands on several farm products from Vietnam

Vietnamese rice now has the highest export prices, distinguishing itself from key competitors, including Thailand and Pakistan, whose prices have fallen.

Investment funds are currently focusing on capitalising on opportunities in sectors that exhibit robust resilience or the ability to go against the cycle.

Electricity prices in Vietnam have not been set following market-based mechanisms, as fluctuations of input costs for electricity production have not been fully reflected in the selling prices.

According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent

The US Department of Commerce (DOC) has initiated an administrative review on certain Vietnamese exports currently subject to anti-dumping and countervailing duties, according to the Trade Remedies Authority of Vietnam.

Though analysts said the gloomy period of the real estate market is over, real estate firms keep complaining about difficulties.

With its prime location and loyal customer base, the closure of Starbucks Reserve Han Thuyen in Ho Chi Minh City has sparked questions about the role of high rent and other possible reasons behind the move.

The Trade Remedies Authority of Vietnam (TRAV) has announced that the Directorate General of Trade Remedies (DGTR) of India has initiated an anti-dumping investigation into hot-rolled coil (HRC) imported from Vietnam.

For domestically produced goods, including those manufactured from imported raw materials or ingredients, there have been no regulations to determine whether items are ’products of Vietnam’ or ’Made in Vietnam’.

According to VSSA, the total sugar supply reached nearly 1.34 million tonnes in the past seven months, higher than 1.3 million for the whole year of 2023.