Economy

Ho Chi Minh City drew 198.82 million USD in foreign direct investment in the first half of this year, doubling the amount recorded in the same period last year.

Aside from harnessing domestic resources, it is important to attract foreign investment to optimise potential and advantages of ethnic minority and mountainous areas, according to experts.

In order for Vietnam's aquatic product exports to reach the target of 10 billion USD this year, businesses need to be more adaptative and adjust their operation plans to suit the market context.

The Government, ministries, sectors, localities, and the business community have concentrated on speeding up cross-border e-commerce development

Three Vietnamese enterprises have participated in the World of Coffee 2024 festival, which was organised by the Specialty Coffee Association (SCA) in Copenhagen, Denmark, from June 27-29.

The export value of Vietnamese coffee to Canada reached over 4.4 million USD in the first quarter of 2024, up 12.2% compared to the same period last year.

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning 2.98 billion USD, according to the Ministry of Agriculture and Rural Development.

The 1 million hectares of high-quality, low-emission rice project is considered is milestone, marking a new beginning for people, businesses, and cooperatives in Long An province to join hands to build a sustainable agriculture.

Garment and textile enterprises must develop new management methods and renew their production technologies to well adapt to new challenges like small and rapid orders as well as labour shortages, experts have said.

Vietnam has recorded an estimated agro-forestry-fishery trade surplus of 8.28 billion USD during the first half of 2024, surging 62.4% year on year, said the Ministry of Agriculture and Rural Development (MARD).

As Vietnam is integrating in both breadth and depth with the regional and world economy, developing a strong and sustainable green brand is essential, heard a workshop held in Ho Chi Minh City on June 27.

The reduction of the rice import tax by the Philippines will create more advantages and increase opportunities for Vietnamese rice to enter the market later this year, insiders said.