Category Archives: Industry

World tourism industry hit hard by COVID-19

   Korean intermediary companies on Monday forecast that the revenue of leading travel agencies in the second quarter of 2020 will drop sharply due to the COVID-19 pandemic.  The number of Korean tourists traveling abroad was more than 31,000 in

Post-pandemic economic opportunities and lessons learned from Vietnam

   The newspaper Egypt Today this week highlighted Vietnam’s strategy for exploiting post-pandemic economic opportunities. According to the paper, Egypt and other Arab countries can learn from Vietnam’s short- and long-term economic recovery experience. Vietnam is focused on agricultural production

Vietnam, Japan discuss economic cooperation

   Japanese Foreign Minister Toshimitsu Motegi has recommended that Vietnam and Japan consider resuming travel starting with managers and experts to promote trade and investment cooperation. During a phone talk with Deputy Prime Minister and Foreign Minister Pham Binh Minh

Vinfast to sell electric cars in the US in 2021

Vietnam’s automobile manufacturer Vinfast plans to penetrate the US market,  said autoblog.com last Friday.  The website said Vinfast’s electric crossover designed by Pininfarina will make its debut by the end of this year before being sold in the US market in

Vietnam posts nearly 2 billion USD trade surplus in first five months

Vietnam earned nearly 100 billion USD from exports in the first five months of 2020, down 1.7% from last year, said the General Statistics Office. The US is Vietnam’s biggest export market, with revenue exeeding 24 billion USD, followed by

New firms up 36 percent in May

A total of 10,728 new firms were established in May with total registered capital of 112.7 trillion VND (4.83 billion USD), up 36.1 percent in number and 20.1 percent in capital from the previous month, according to the General Office

Philippines considers 16.7-billion-USD stimulus package

The Philippine government is eyeing a stimulus package worth 846 billion pesos (16.7 billion USD) to enable a full economic recovery from the COVID-19 pandemic, according to Finance Secretary Carlos Dominguez. Hanoi (VNA) – The Philippine government is eyeing a stimulus

Vinamilk products sold at RoK’s online stores

Products of Vietnamese milk producer Vinamilk (Vietnam Dairy Products JSC) have made their entry into the market in the Republic of Korea (RoK), said a RoK dairy business. Seoul (VNA) – Products of Vietnamese milk producer Vinamilk (Vietnam Dairy Products JSC) have made

Vietnamese companies seek business opportunities in Singapore

  Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29.

General secretaries of Committee for Vietnam–China Bilateral Cooperation hold online meeting

  Deputy Foreign Minister Le HoaiTrung, Vietnam’s general secretary of the Steering Committee for Vietnam–China Bilateral Cooperation, held an online conference with the committee’s Chinese general secretary – Deputy Foreign Minister LuoZhaohui on May 29.   The two sides informed