Economy

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh has stressed the need to develop Vietnamese ginseng into a product with national brand.

There remains untapped potential for Vietnam's exports of agricultural and food products to major markets in Asia, Europe and America.

Prime Minister Pham Minh Chinh has asked Minister of Industry and Trade Nguyen Hong Dien to keep a close watch on the information about oil and gas prices and Malaysia’s ability to supply the fuel to Vietnam.

The Ministry of Agriculture and Rural Development has said it is submitting a proposal to the Prime Minister for a decree on policies to encourage farm economic development.

Vietnam has invested over 815 million USD in hydropower and mining projects in Laos’s Attapeu province, the Vientiane Times reported on June 9.

Minister of Agriculture and Rural Development Le Minh Hoan said that it is necessary for the nation to shift from agricultural production to an agricultural economy.

It is urgent to reinforce transmission capacity over the next decade to connect renewable energy supplies in the south with energy demand in the north.

Vietnam’s export value to the European Union (EU) grew further in the first five months of this year, with a trade surplus of 13.4 billion USD, up nearly 47 percent, thanks to their bilateral free trade agreement.

Long An Provincial People's Committee Chairman - Nguyen Van Ut and representatives of provincial departments and branches welcomed the Chairman of Japan Business Association in Ho Chi Minh

The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD.

The Civil Aviation Authority of Vietnam (CAAV) has proposed to the Ministry of Transport three investment options to upgrade Con Dao Airport, in the southern province of Ba Ria – Vung Tau.

Vietnam’s import-export turnover during the first five months of this year reached 305.1 billion USD.