Business

Vietnam has exported 56,000 tonnes of pepper during the first four months of this year, fetching US$513 million, a fall of 25% in volume but a rise of 0.5% in value against last year’s same period.

The Vietnam government has given the green light to the importation of fresh and frozen meat from the US, Canada, Australia, and European Union (EU).

Vietnam spent a total 14.4 billion USD on imports in April, driving down the monthly trade deficit by 57 percent to 600 million USD.

Hundreds of workers have lost months of wages and insurance protection after their employers disappeared, leaving them without pay or jobs, with authorities struggling to curb what is perceived to be a growing problem.

Vietnam exports from agriculture, forestry and fishery in April hit US$2.61 billion, bringing the sector’s total export value for the first four months to US$9.13 billion.

Some rice traders are mixing low quality rice into export shipments of fragrant rice, threatening the integrity of Vietnam's rice export industry.

Many local enterprises do not know much about the TPP and the AEC free trade agreements (FTAs) that are expected to be signed this year.

Vietnam’s agriculture is receiving an increase of domestic and foreign investment. To use the investment flow effectively, the Vietnamese government has promulgated mechanisms and policies to remove obstacles for businesses.

Minister of Industry and Trade Vu Huy Hoang and European Commissioner for Trade Cecilia Malmstrom sought to boost Vietnam-EU Free Trade Agreement negotiations during their working session in Kuala Lumpur.

Vietnam’s tourism and hospitality sector will create 250,000 job opportunities over the next five years and an all-out effort is being made to prepare young people to staff them, the Vietnam National Administration of Tourism (VNAT) recently revealed.

The nation's first quarter GDP grew at the highest level since 2011 to reach 6.03 percent, the Ministry of Planning and Investment reported yesterday.

Vietnam saw auto industry revenues surge in 2014 amid the rapid expansion of a young, style-conscious middle class following 15 consecutive years of economic growth of over 5%.

The third meeting of the Vietnam-Malaysia trade joint committee took place in Kuala Lumpur on April 25, targeting measures to further intensify economic and trade cooperation.

Deputy Prime Minister Hoang Trung Hai wants the Ministry of Agriculture and Rural Development (MARD) to grant early approval to plans for growing macadamia in Vietnam.

The country's total export and import turnover reached 88.4 billion USD by April 15, a year-on-year increase of 13.9 percent, according to the General Department of Vietnam Customs.

The Ministry of Agriculture and Rural Development has recommended that the State's budget concentrate on developing infrastructure and logistic facilities for five regional fishery centres along the Vietnamese coastline.

Vietnam spent USD2.27bn on imports of machinery from China in the first quarter of this year, up 46% on a year earlier, but concerns have been raised that the country may not be getting value for money.

Tour companies are having a bumper holiday season, with most out-bound and in-bound tours sold out for Reunification Day on April 30 and the May Day holiday on May 1, with few slots left for remaining travel.

Hanoi authorities said they would drop foreign direct investment (FDI) projects that are behind schedule or where investors are found to be unable to follow through on commitments.