CPTPP helps raise Malaysia-Canada bilateral trade by 25%
Malaysia has seen a 25% increase in bilateral trade with Canada since 2018, bolstered by the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), which came into force in Malaysia in November 2022.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
New Zealand firms keen on investment in renewable energy, realty in Vietnam
New Zealand businesses have asked the Vietnamese government for further support to invest and expand their operations in Vietnam, particularly in renewable energy, real estate, and aviation.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Australia forms $1.3 bln finance package to boost trade, investment with ASEAN
Australia on Tuesday announced its plan to increase investment in the Association of Southeast Asian Nations (ASEAN) by setting up a $1.3-billion finance package to boost trade and investment in the region.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Malaysian ringgit undervalued, hoped to trade higher
An official of Malaysia’s central bank expected the country's ringgit to trade higher on the back on positive economic prospects.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI sector posts $1.57 bln first fortnight trade surplus
Foreign-invested enterprises in Vietnam recorded a trade surplus of $1.57 billion in the year to January 15, including crude oil, the General Statistics Office (GSO) reported Monday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese, Chinese firms cooperate in $350 million border gate investment
Vietnam’s Thang Long Investment JSC and China’s Lirui Group have signed a $350 million business cooperation contract (BCC) for developing Lang Son province's Tan Thanh Border Gate.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hungary PM vows to push faster ratification of Vietnam-EU investment protection agreement
As E.U. President for the last six months of 2024, Hungary will promote faster ratification of the EU-Vietnam Investment Protection Agreement (EVIPA), Prime Minister Viktor Orban said Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Enormous potential to boost Australia-Vietnam trade: Ambassador
On the occasion of the new year 2024, Australian Ambassador to Vietnam Andrew Goledzinowski shares with The Investor his views on the prospects of a long-awaited upgrade of Vietnam-Australia relations and potential room to further increase trade, economic, and investment cooperation.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deputy trade minister arrested for 'receiving bribes'
Vietnamese Deputy Minister of Industry and Trade Do Thang Hai was detained on Thursday on charge of “accepting bribes” in an oil trading company scam.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Philippine President, Brunei Sultan, Thai PM to visit Vietnam next year
Philippine President Ferdinand Romualdez Marcos Jr., Sultan of Brunei Hassanal Bolkiah, and Thai Prime Minister Srettha Thavisin have expressed their intentions to visit Vietnam next year.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swedish Embassy celebrates St. Lucia’s Day in Hanoi, towards 55th anniversary in 2024
The Swedish Embassy in Vietnam hosted St. Lucia’s Day celebration in Hanoi on Thursday evening, amid the growing bilateral ties towards the 55th anniversary of the partnership next year (1969-2024).
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Canadian embassy begins work on new office in Hanoi
The Canadian Embassy began work on a new office in Hanoi Wednesday, saying it was a milestone marker of 50 years (1973-2023) of diplomatic ties between the two countries.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodia calls for Vietnam investment in automobile, electronics industries
Cambodian Prime Minister Hun Manet has called for Vietnamese investment in a wide range of industries including automobile and electronics as investment flows from Vietnam have stalled and fallen far behind China and regional peers.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Cambodia aim for $20 bln in trade, boost cooperation in defence, transport: PMs
Prime Minister Pham Minh Chinh on Monday had talks in Hanoi with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Vietnam, also his first to an ASEAN country.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s deeper integration with global economy to foster sustainable growth: Polish official
Vietnam’s deeper integration with the global economy as a result of many trade agreements will create momentum for long-term sustainable development, said Polish official Piotr Harasimowicz.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Turkey look to upgrade ties, lift two-way trade to $4 bln
Vietnam and Turkey should work on mechanisms to deepen bilateral ties, including studying the possibility of elevating them to a new height, given the wishes of both sides, Vietnamese Prime Minister Pham Minh Chinh has suggested.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM calls for early negotiations on Vietnam-Turkey free trade deal
Prime Minister Pham Minh Chinh called for early negotiations on a Vietnam-Turkey free trade agreement (FTA) at a Wednesday meeting with Turkish Minister of Trade Omer Bolat in Ankara.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI sector posts $43.49 bln trade surplus in 11 months
Foreign-invested enterprises in Vietnam recorded a trade surplus of $43.49 billion in the year to November 15, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, China discuss upcoming visit of high-level leaders
Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Chinese Minister of Commerce Wang Wentao on Monday discussed preparations for the upcoming visits of high-level leaders.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
US processing Vietnam request for market economy status review
The U.S. Department of Commerce (DOC) is processing Vietnam’s request that its non-market economy status be reviewed.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam back on US’s currency manipulation monitoring list after one year
The U.S. Department of Treasury has placed Vietnam on its “monitoring list” for currency manipulation again, a department report said Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Biden to sign strategic partnership deal with Vietnam in Sep: Politico
U.S. President Joe Biden will sign a strategic partnership agreement with Vietnam during a state visit to the Southeast Asian country in mid-September, Politico reported, citing three people with knowledge of the deal's planning.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Customs seeks digitalization support from Intel, Microsoft
Vietnam Customs is looking to cooperate with tech giants Intel and Microsoft in its digitalization process, which aims to enhance application and processing of trade procedures.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI sector posts $37.9 bln trade surplus in 9 months
Foreign-invested enterprises in Vietnam recorded a Jan-Sept trade surplus of $37.94 billion with an export of turnover of $343.68 billion, including crude oil.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Brazil deepen trade ties during PM Chinh’s visit, eye FTA with Mercosur
Vietnam and Brazil agreed to ramp up bilateral trade during Vietnamese Prime Minister Pham Minh Chinh’s visit to the South American country, with negotiations for a trade deal between the former and the Mercosur bloc likely to start soon.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM arrives in Brazil for 4-day visit
Vietnam’s Prime Minister Pham Minh Chinh touched down in Sao Paulo on Saturday (local time), starting a four-day visit to Brazil at the invitation of President Luiz Inácio Lula da Silva as the two countries seek to bolster economic ties.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
President Biden starts Hanoi visit to boost Vietnam-US ties
U.S. President Joe Biden arrived in Hanoi on Sunday afternoon, beginning a two-day visit that aims to bring U.S.-Vietnam relations to a new height.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sci-tech, innovation breakthroughs in Vietnam-US ties: diplomat
While trade and investment will have high priority in bilateral ties, science, technology and innovation can provide breakthroughs in cooperation between Vietnam and the U.S., a senior Vietnamese diplomat has said.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
World Bank arm IFC pledges $1.9 bln to Vietnam in fiscal year 2023
The International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, made total commitments of $1.9 billion in Vietnam in fiscal year 2023 ending June 30, the IFC announced on Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s FDI sector posts $34 bln trade surplus in 8 months
Foreign-invested enterprises (FIEs) in Vietnam recorded a trade turnover of $301.36 billion, including crude oil, resulting in a trade surplus of $34.21 billion in the first eight months of this year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam new source for rare earths magnet companies
South Korea's Star Group Industrial (SGI) and China's Baotou INST Magnetic are set to open factories in Vietnam to explore rare earth deposits, according to Reuters.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
In a first, Vietnam bakery ships ‘American’ mooncakes
Ho Chi Minh City-based ABC Bakery is making its first shipment of mooncakes with “American” ingredients to the U.S., its owner Kao Sieu Luc said Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Thailand to push bilateral trade to $25 bln by 2025
Vietnam and Thailand are seeking to boost two-way trade to $25 billion by 2025 from $21.2 billion last year, according to trade leaders from the two Southeast Asian countries.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Israel set to launch direct flights in October
Vietnam and Israel are poised to open their first direct air service early this October in a follow-up to their free trade agreement (FTA) signed in July.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC calls for Israeli investments in high-tech sectors
Ho Chi Minh City, Vietnam’s southern economic hub, is encouraging Israeli businesses to invest in high-tech industries such as the digital economy, science-technology, high-tech agriculture, and renewable energy.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Greedy Vietnamese coffee farmers cause supply chain chaos: company chief
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Japan's Suntory earns $950 mln from 2023 beverage business in Vietnam
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Vietnam's insurance has large room for growth: Hillridge exec