Economy and commerce

Geographical Indications (GIs) are considered an effective tool to promote the export of Vietnamese agricultural products. Therefore, building brands for Vietnamese agricultural products associated with geographical indication protection has become an important direction to enhance value and affirm brands for local specialty products in the ...

Vietnam is currently a signatory to 16 free trade agreements (FTAs), which are described as highways connecting Vietnam’s economy with major trading partners in the world. In the agricultural sector, FTAs have become a powerful driving force, marking significant achievements across the entire industry.Over the ...

Criteria for appraising Foreign Direct Investment (FDI) projects and for assessing their quality and effectiveness at the provincial level were announced at a conference jointly held by the Institute of International Investment Studies Company (ISC) and the Australian Embassy to Việt Nam on Thursday in ...

The northeastern province of Quang Ninh has topped the 2023 Provincial Competitiveness Index (PCI) drawn up by the Vietnam Chamber of Commerce and Industry (VCCI) for a seventh time in a row, the chamber announced on May 9. The 2023 report on PCI and Provincial ...

Developing green economy and green agriculture is a ‘growing trend’ in Vietnam which will help it reach the ‘net zero’ goal by 2050 as committed at COP 26. However, many business owners think that it is far-fetched and unnecessary for now. They have to reform ...

FDI has been a major growth driver for the Vietnamese economy and is expected to continue the upward trend in the context of rising demand for diversifying the supply chain of multinational manufacturers, in which Việt Nam has increasing appeal with stable macro-economic conditions, and ...

The EU-Vietnam Free Trade Agreement (EVFTA) is an agreement inclined towards sustainable development. The EU’s CBAM (Carbon Border Adjustment Mechanism) has posed a new challenge for Vietnam’s exports to enter the EU market.CBAM will be valid for the transitional period with an aim to control ...

According to forestry experts, sustainable forest certification for one million hectares of large-sized timber forests is a passport for Vietnam’s wood processing industry to increase export value and export into potential markets.According to statistics from the Department of Forestry under the Ministry of Agriculture and ...

Attracting investment and public-private partnership (PPP) plays an important role in implementing the project of sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta to 2030, said insiders.The project will promote added value throughout the entire rice production chain, ...

After the European Union (EU), the US will be the next to take its climate fight globally with the proposal of the Clean Competition Act, which, if passed, would impose border-adjusted carbon tariffs on its carbon-intensive imports.Nguyen Vo Truong An, Deputy director of the Carbon ...