Economy

Vietnam has risen from a poor country which had to import food to one of the three largest rice exporters in the world with an annual rice export volume of 6-7 million tons.

Vietnam's Ong Cua ST25 rice has won the first prize at the World’s Best Rice 2023 competition, within the framework of the 2023 International World Rice Conference Summit in Cebu, Philippines from November 28-30.

Vietnam's total export and import turnover of agro-forestry-aquatic products is estimated at 85.13 billion USD in the January-November period, down 5.9% from the same period last year.

On November 29, in Tan An City, Long An Provincial People's Committee held a discussion to promote cooperation with Singaporean businesses.

Nearly 28.85 billion USD in foreign direct investment (FDI) was registered as of November 20, rising 14.8% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam is exporting shrimp to about 100 countries and territories across the world, according to the General Department of Fisheries under the Ministry of Agriculture and Rural Development.

Bracing for the significant impact of climate change, Vietnam’s agriculture sector has identified the need to respond promptly and enhance growth quality by applying ecological, organic, circular farming methods.

According to the Ministry of Agriculture and Rural Development, the 'One million hectares of low-emission high-quality rice in the Mekong Delta' project is being submitted for the Prime Minister's approval.

Many domestic rubber firms are pursuing a green strategy in an effort to reduce waste and verify sustainable forest management certificates to better promote the Vietnamese rubber brand globally.

An online workshop discussing measures to further promote the export of potential products to Africa and the Middle East was held by the Ministry of Industry and Trade's Vietnam Trade Promotion Agency.

The Ministry of Information and Communications (MIC) and the Tobacco Harm Prevention and Control Fund under the Ministry of Health co-organised a conference in Hanoi on November 23.

Sugar could become more expensive in the remaining months of 2023, according to the Vietnam Sugarcane and Sugar Association (VSSA).