Ninh Binh's public investment disbursement reaches 50 percent of target

The northern province of Ninh Binh disbursed 1.13 trillion VND (some 47.9 million USD) of public investment in the first two months of 2020, fulfilling 50 percent of the set target.

Two-month rice exports soar despite Covid-19 epidemic

Vietnam has exported approximately 890,000 tonnes of rice worth US$420 million in the first two months of 2020, an increase of 27% in terms of volume and 32% in terms of value compared to the same period in 2019.

Nearly 16,200 firms suspend operations in two months

Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.

Foreign investment falls 23.6 percent in first two months

The inflow of foreign investment into Vietnam experienced a year-on-year drop of 23.6 percent in the first two months of the year to 6.47 billion USD, according to a report from the Ministry of Industry and Trade's Foreign Trade Agency.

More than 800 firms stop operating or scale down due to COVID-19

More than 800 businesses and 8,700 employees have been affected by the COVID-19 epidemic, according to the Ministry of Labour, Invalids and Social Affairs.

EP ratifies EVFTA, EVIPA

The European Parliament (EP) on February 12 ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

National committee on implementation of marine economic development strategy established

The Prime Minister has issued Decision No. 203/QD-TTg concerning the establishment of a national steering committee on the implementation of the strategy for the sustainable development of Vietnam's marine economy until 2030, with a vision to 2045.

International media highlights Vietnam's economic success in 2019

International media outlets have highlighted Vietnam's thriving economy which is among the fastest-growing in Southeast Asia in 2019 amid the global economic slowdown.

ROK to import over 55,000 tonnes of Vietnamese rice

The Republic of Korea (ROK) has opened its market to Vietnamese rice, grating a quota of 55,112 tonnes of rice from Vietnam only.

Over 650,000 Vietnamese labourers working abroad

About 650,000 Vietnamese are working in more than 40 countries and territories worldwide, according to statistics of the Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs (MoLISA).

Ninh Binh works to attract more investment

Investment attraction of the northern province of Ninh Binh has seen remarkable progress, contributing greatly to its socio-economic growth. This was attributed to the province's provision of mechanisms and policies in favor of attracting investment over the past few years.

Ninh Binh's exports record impressive growth

The province's exports continuously showed its impressive growth in both turnover and market in 2019, when it brought home 2.1 billion USD, up 35.2 percent from 2018 and surpassing the yearly target by 44.8 percent.

Ninh Binh's industrial output surges 24.46% in 2019

The province's index of industrial production (IIP) saw a year-on-year increase of 24.46 percent in 2019, proving its policy of developing the industrial sector as a key driver of the economic growth.

Record numbers for newly established businesses in 2019

The total number of newly-established enterprises in 2019 was over 138,100 with total registered capital of VND1.7 quadrillion (over US$73.5 billion), up 5.2% and 17%, respectively, against last year, according to the General Statistics Office (GSO).

VN emerges as 22th largest exporter

After 25-year ASEAN membership and ten-year WTO admission, Viet Nam has emerged as the world's 22nd largest exporter, said Minister of Industry and Trade Tran Tuan Anh.

Ninh Binh likely to exceed budget target by 50.8pct this year

Budget collection of the northern province of Ninh Binh in 2019 continues to see 4th consecutive year of growth, estimated at over 15.2 trillion VND ($656 million), marking the highest level recorded in five year period (2015 - 2020) .

2019 agriculture reaches goal of USD41.3 billion

Total export turnover of agriculture, forestry and fishery products is expected to reach USD41.3 billion in 2019, a year-on-year rise of about 3.5%, according to the Ministry of Agriculture and Rural Development.

Vietnam's foreign trade to exceed US$500 billion in 2019

Vietnam's foreign trade turnover is likely to surpass US$500 billion in 2019, Deputy Minister of Industry and Trade Do Thang Hai said at a press conference in Hanoi on December 12.

Central's former ministers visit Hyundai Thanh Cong Vietnam Auto Joint-Stock Company

A delegation of Central's former ministers paid a fact finding tour to Hyundai Thanh Cong Vietnam Auto Joint-Stock Company,Gian Khau industrial zone, Ninh Binh province, on December 10.

Vietnam's wood exports likely to reach US$11 billion in 2019

Vietnam's export turnover of wood and forestry products is forecast to hit US$11 billion in 2019, according to an official from the Vietnam Administration of Forestry (VAF).