Economy

A strong rise in goods consumption without any shortage or price hikes during the Lunar New Year (Tet) festival is considered a push for the growth of the domestic market in the whole year.

The current proportion of processed pepper products for export stands at a mere 30%, indicating the need for a significant improvement.

Vietnam is striving to further assert its durian export position and join the billion-dollar export industry with the current advantages in hand, coupled with efforts to better the fruit quality.

Prime Minister Pham Minh Chinh has urged the acceleration of construction of T3 passenger terminal of Tan Son Nhat airport and Long Thanh airport so that the projects can be put into operation before April 30.

Vietnam's aquatic product exports saw a strong start to the year, recording a 60.8% annual increase to reach 730 million USD in January, reported the Ministry of Agriculture and Rural Development.

On February 28, Vice Chairman of Provincial People's Committee - Huynh Van Son received and worked with the delegation of Japan International Cooperation Agency came to survey investment opportunities in Long An.

The recent falls in rice prices are only short-term and the upward trend will continue in 2024 on limited supply, providing significant opportunities for Vietnam’s rice export, analysts have said.

By 2045, Vietnam will become an important link in the global semiconductor industry value chain with a contingent of engineers and experts capable of meeting the industry requirements in both quality and quantity.

In order to protect consumer's health and sustainable production, many farmers, cooperatives, cooperative groups, etc have converted their farming methods towards organic, applying high technology.

Goods consumption in big markets such as the US and the EU is showing brighter signs, creating a driving force for orders for Vietnamese key exports.

After the Lunar New Year of Dragon 2024, enterprises have many policies to care for workers returning to work after the holiday to motivate, create excitement and enthusiasm.

Logistics costs have been a headache to the Vietnamese agricultural sector as they account for a lion share in the price of agricultural products.