Vietnam News Economy

The National Quality Award is the highest distinction granted annually by the PM, with the National Quality Gold Award being its top-tier recognition.

With good experiences, skills and foreign languages, Vietnamese workers are often appointed as team leaders of production lines, guiding and supporting workers in other countries such as Myanmar, Nepal, Sri Lanka and Bangladesh.

The policy aims to support farmers and provide a direct financial source to improve productivity.

A series of year-end stimulus solutions is expected to spur Việt Nam's economy to achieve the GDP growth target of over 7 per cent this year.

The special investment procedure marks a departure from the traditional pre-audit model, where extensive assessments and approvals precede project implementation, to a post-audit approach. 

The DakLak September 2nd Import-Export Company Limited (Simexco DakLak) said the UK is a strategic market for its speciality coffee products.

Companies claim VAT refunds, amounting to hundreds of billions of VNĐ, have been stuck in limbo for years.

After the Fed’s move, the US dollar index (DXY) on December 19 hit nearly 108, the highest level in the past year.

The ‘Made in Vietnam 2024’ Goods Week, with 150-170 booths, has attracted more than a hundred businesses from 30 provinces across the country, marking a significant event in the promotion of Vietnamese-made products.

The Hà Nội Stock Exchange has announced that on December 26, it will hold an auction to divest a block of Thăng Long JSC shares owned by State Capital Investment Corporation, with a starting price of over VNĐ222.6 billion (US$8.7 million).

The VN-Index remained largely sideways during the first three sessions of the week, facing significant selling pressure on Thursday (December 19), while staging a modest recovery in the final trading session.

The advantages from the commitments at this FTA have promoted further the trade between the two countries, turning the UK into the third largest export market of Việt Nam in Europe, after the Netherlands and Germany.

The UK's carbon border adjustment mechanism will take effect in 2027.

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.

The northern province of Thái Nguyên has implemented many policies to support local businesses in maximising the potential benefits of the UKVFTA, opening up multiple opportunities for exports to the UK.

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.

Hà Nội Promotion Month 2024 is set to be a vibrant celebration of commerce, culture and community, offering an exciting array of promotions, events and experiences that will make it a memorable occasion for all involved.

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.