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On July 14, the Ministry of Industry and Trade (MoIT) sent a directive on measures to promote exports, control imports and limit this year’s import surplus.
The HCM City Computers Association (HCA) held a ceremony on July 14 to present gold medals and 5 Information and Communication Technology (ICT) awards to 41 outstanding Vietnamese businesses.
Algeria’s international weekly “Young Africa” has highlighted Vietnam’s economic development policy and urged the country to follow a similar path.
In the first half of this year, Vietnam exported around 250,000 tonnes of Tra fish, earning more than US$530 million in revenue.
Technology and equipment contracts to build the Do Luong Cement Plant in the central province of Nghe An were signed in Hanoi on July 13 between the Vietnam Machinery Erection Corporation (Lilama) and two contractors from China and Germany.
Domestic bicycle makers are looking to resume exports to the EU after the European Commission (EC) scrapped anti-dumping taxes on their products from July 15.
Vietnam is planning to boost exports to China in a bid to reduce its large import surplus, said the Ministry of Industry and Trade (MIT).
Pakistan is encouraging Vietnamese businesses to invest in coal mining and aquaculture.
On July 13, the MDF VRG Dongwha joint stock company broke the ground on a US$120 million project to build Asia’s biggest wood factory in the southern province of Binh Phuoc with a capacity of 300,000 m3 per year.
Two-way trade turnover between Vietnam and Italy reached US$797 million in the first half of this year, up 7.7 percent compared to the same period last year, making up 10 percent of Vietnam’s total export earnings from the EU market, according to statistics from the General Department of Vietnam Customs.
The Mekong River Delta welcomed nearly 10 million tourists including 730,000 foreigners in the first half of the year, 19 percent more than in the same period last year, said the Mekong Delta Tourism Association.
June saw trade deficit to a record low of dropping approximately US$742 million, down 14.7 percent from the previous month, according to the latest customs figures.
