Business

The wide variety of Vietnamese spices with their own characteristics are the positive factors that make Vietnam an important supplier of spices for the world market.

Prime Minister Pham Minh Chinh on October 31 attended the announcement ceremony of a direct Vietnam - UK air route by the Bamboo Airways held in Edinburg city, the UK.

A number of key industries such as automobile production and mechanics are viewed as projects that have great potential and prospects for co-operation between Austria and Vietnam, according to the Vietnam Association of Mechanical Industry.

The first batch of wax coconuts from the Mekong Delta province of Tra Vinh worth 70,000 AUD (52,620 USD) exported to Australia has sold out after a short time of marketing, according to the Vietnam Trade Office in Australia.

Prime Minister Pham Minh Chinh on October 29 co-chaired the World Economic Forum (WEF)'s Country Strategic Dialogue on Vietnam 2021 for the first time via videoconference at the invitation of WEF Founder and Executive Chairman Klaus Schwab.

Hyundai E&C-Ghella, the main contractor for Nhon-Hanoi Station metro line, has demanded compensation of USD114.7 million for its losses caused by the project’s sluggish site clearance.

The Consumer Price Index (CPI) in October was down by 0.2 % compared to September but rose by 1.81% compared to the same period last year, according to the General Statistics Office (GSO).

Vietnam’s seafood exports to the US increased by 24% to USD1.45 billion in the first nine months of this year, according to the Vietnam Association of Seafood Exporters and Producers.

With a record export growth rate in the first nine months of 2021, steel is forecast to soon join the 10-billion USD export club.

Vietnam is among the top 10 largest suppliers of goods to the EU market, with last year's two-way trade reaching EUR43.2 billion.

The upgrade of Terminal T2 of Noi Bai International Airport in Hanoi will need more than 4.98 trillion VND (218.5 million USD) so as to raise its annual capacity from 10 million to 15 million passengers, according to the

Retail petrol prices increased by more than 1,400 VND per litre from 4 pm on October 26 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Vietnamese coffee prices have skyrocketed in recent weeks amid the country exporting 1.18 million tonnes of coffee worth US$2.23 billion during the opening nine months of the year, according to statistics compiled by the General Department of Vietnam Customs.

Vietnam’s electronics industry, an increasingly important sector of the country’s economy, continues to grow despite the negative impact of the COVID-19 pandemic, according to the Ministry of Industry and Trade.

The Airbus Group has appointed Hoang Tri Mai as its new General Director in Vietnam, a representative of the group announced on October 25.

Despite disruptions caused by the fourth wave of the COVID-19 pandemic, steel producers still reported extraordinary profits.

The Vietnam Specialty Coffee Competition 2022 has been launched, with registration available for participants between February 15 and March 25 next year.

The Vietnam Report JSC has announced a list of top 10 prestigious retailers in 2021.

The Civil Aviation Authority of Vietnam (CAAV) has proposed that the Ministry of Transport consider the gradual reopening of regular international commercial flights in four stages starting in the fourth quarter of this year.