Economy

KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.

Eight pangasius exporters from Vietnam have been exempted from anti-dumping tax, following the latest review by the US Department of Commerce.

Vietnam's economy is forecast to grow 6.1% in 2024, and 6.5% in both 2025 and 2026, up from 5% last year, the World Bank (WB) has said in a new report.

Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.

Vietnam saw a gradual recovery of seafood exports during the first eight months of this year, both in terms of demand and price.

Vietnam’s rice exports are expected to reach a record turnover of about 5 billion USD this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.

Foreign investors poured a total of 2.4 billion USD into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year.

With a relatively large amount of public investment allocated for the 2021-2025 period for key national transport projects, the Ministry of Transport wants to disburse the maximum amount of the assigned capital by the Government.

With positive growth in the past months of 2024, economic experts have a common view that traditional and new economic growth drivers must be exploited effectively.

With the view that the difficulties of enterprises are also the difficulties of Long An, provincial leaders, all levels and sectors listen to and support enterprises to overcome difficulties.

More advanced manufacturing from Taiwan (China) will migrate to Vietnam in the following decades, according to Daphne Lee, head of Commercial Banking, HSBC Taiwan.