Thu, 08 May 2025 14:51:00
Previously destructive fishing practices in the Phu Quoc island region (Kien Giang Province) not only led to potential depletion of marine resources but also risked impacting commitments regarding illegal, unreported and unregulated (IUU) fishing to the European Commission. Faced with this situation, Phu Quoc has sought solutions to transition from harvesting to aquaculture.
Vietnam prioritizes development of strategic nuclear technology
Thu, 08 May 2025 13:41:00
The government will continue to encourage domestic and international participation in the nuclear field.
What will Japan use in trade deals with the US?
Thu, 08 May 2025 13:41:00
There was a good deal of talk late last week that stemmed from comments by Japanese Finance Minister Kato. When asked, he said that Japan’s holdings of treasuries represent a “card” that Japan could use in trade negotiations with the US.
Three key export sectors urgently need credit support
Thu, 08 May 2025 13:41:00
Domestic enterprises, particularly in the textiles, seafood, and wood industries, are vulnerable to tariff impacts and therefore require timely support through preferential credit packages and other policy solutions.
Vietnam's manufacturing sector stays positive amid US reciprocal tariifs
Thu, 08 May 2025 13:41:00
Despite challenges, some manufacturing and export-oriented enterprises have recently shown signs of stabilization.
Wood industry proactively reduces impact from tariff policy
Thu, 08 May 2025 13:41:00
According to the Ministry of Agriculture and Environment, if the US imposes reciprocal tariffs on Vietnam, orders could immediately decline. High tariffs will cause wood products from Vietnam to lose their competitive advantage, and customers will seek supplies from countries with lower tariffs. In the long term, this will narrow Vietnam’s wood export market, and the value of forestry exports is at risk of decreasing significantly.
What outlook for the USD/VND by year- end?
Thu, 08 May 2025 13:41:00
KBS has elevated the USD/VND exchange rate forecast amid a volatile global economic outlook.
Japanese retailers step up business activities in Viet Nam
Thu, 08 May 2025 13:41:00
Japanese retailers Aeon and Sumitomo have planned to expand their networks in Viet Nam, Nikkei Asia reported on May 5.
Viet Nam’s reform efforts bear fruit
Thu, 08 May 2025 13:41:00
After overcoming the pain and losses of war, Viet Nam is learning from its past and looking firmly to the future. The country’s economic success is widely attributed to its Doi Moi (Renewal) policies, and it is believed that Viet Nam is on track to become significantly more prosperous in the medium to long term.
Viet Nam, Cuba expand high-tech shrimp farming cooperation
Thu, 08 May 2025 13:41:00
Despite the geographical distance, the Viet Nam–Cuba friendship has been continously fostered through practical cooperation projects, notably a high-tech intensive shrimp farming model in Camagüey province.
TKV strives to produce 3.3 million tons of raw coal in May
Thu, 08 May 2025 13:41:00
Viet Nam Coal and Mineral Industry Group (TKV) has targeted to produce 3.3 million tonnes of raw coal and sell 5.25 million tonnes this May.
Vietnamese banks promote development of global strong brands: SBV Deputy Governor
Thu, 08 May 2025 13:41:00
The State Bank of Vietnam (SBV) will require Vietnamese banks to develop systematic and long-term brand strategies to establish regional and globally-strong banking brands, Deputy Governor Pham Thanh Ha has said.
Prime Minister Pham Minh Chinh presents report on socio-economic development at NA's 9th session
Thu, 08 May 2025 13:41:00
On the morning of May 5, at the opening session of the 9th Session of the 15th National Assembly, Prime Minister Pham Minh Chinh presented a supplementary assessment report on the results of the implementation of the socio-economic development plan and the state budget in 2024; the implementation of the socio-economic development plan and the state budget in the first months of 2025.
Sumitomo to transfer 50 per cent of its equity interest in Van Phong Power Company Limited
Thu, 08 May 2025 13:41:00
Sumitomo Corporation announced on May 1 that it will transfer 50 per cent of its equity interest in Van Phong Power Co., Ltd. (VPCL), a wholly owned subsidiary.
Evaluating the feasibility of taxing cryptocurrency assets in Vietnam
Thu, 08 May 2025 13:41:00
At a conference with small and medium-sized enterprises in early 2025, Prime Minister Pham Minh Chinh tasked the Ministry of Finance (MoF) and the Ministry of Science and Technology (MoST) with exploring the piloting of a cryptoasset exchange via a controlled testing mechanism. The establishment of such a digital asset exchange must be placed within a suitable legal framework to enable effective management, maximise resources, and mitigate risks.
How Asia can revolutionise its food systems before it’s too late
Thu, 08 May 2025 13:41:00
Qingfeng Zhang, senior director of agriculture, food, nature, and rural development at Asian Development Bank (ADB), outlines bold strategies to transform Asia’s agri-food systems to secure a sustainable, inclusive, and resilient future for 4.7 billion people.
Vietnam mulls over relaxing work permit rules to attract foreign talent
Thu, 08 May 2025 13:41:00
By late 2024, almost 162,000 foreign workers were employed in Vietnam, driven by growing demand for international talent in its expanding high-tech industries.
Expanding agricultural trade in Northeast Asian market
Wed, 07 May 2025 15:12:00
According to the Ministry of Industry and Trade, Northeast Asia is a market with a large population of approximately 1.7 billion people, with rising demand for agricultural, forestry, and fishery products. Besides China, a traditional trading partner, Japan and the Republic of Korea are emerging as potential markets for Vietnamese agricultural exports in the region.
