In the first half of this year, Vietnam saw 7 export items posting a turnover of more than 7 billion USD, accounting for 65.6% of the country’s total export value.
Vietnam will need about 2.7 billion USD to implement its project of planting 1 million hectares of high-quality rice from now to 2030, according to an official from the Ministry of Agriculture and Rural Development (MARD).
Trade has been a bright spot in the Vietnam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach 20 billion USD.
Vietnam is expected to see robust growth in the next 5 -10 years, opening more investment opportunities for foreign investors, including ones from Singapore, in all sectors, said insiders.
Large international retailers including Aeon, Uniqlo, Walmart, Amazon, Safeway, Carrefour, Decathlon, Central Group and Ikea have been visiting Vietnam seeking partnerships in industrial, agricultural and handicrafts products, said industry insiders and officials.
The 4th International Exhibition and Conference on Machinery, Equipment, Supplies, Chemicals and Agricultural Products in Vietnam – Agri Vietnam 2024 opened in Ho Chi Minh City on June 12, attracting over 100 exhibitors from 14 countries and territories.
The Ministry of Industry and Trade will focus on enhancing consumer protection in order to maintain sustainable e-commerce development, Minister Nguyen Hong Dien said at the National Assembly's question and answer session on June 4.
An upward trend has been recorded in Chinese recent investments in Vietnam, which is hoped to help fuel the industries the country has demand for such as high technology, renewables, supporting industries, electronics, and green finance.
Vietnamese tra fish export has roared back to growth after a significant drop recorded earlier this year as countries have scaled up their imports, according to insiders.
The Ministry of Industry and Trade (MoIT) is set to actively coordinate with other ministries and sectors to step up the negotiations and signing of new free trade agreements (FTAs) with potential partners.
The Mekong Delta province of Dong Thap has achieved a significant milestone with its first-ever export of 15 tonnes of lotus root to Japan.
Indonesia hopes for further cooperation with the Mekong Delta city of Can Tho in rice exports and technology in the agricultural sector to increase rice supply in the Southeast Asian region, Indonesian Minister of Agriculture Andi Amran Sulaiman told Secretary of the municipal Party Committee Nguyen Van Hieu in Can Tho on May 20.