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Vietnamese Minister of Industry and Trad Nguyễn Hồng Diên and Israeli Minister of Economy and Industry Nir Barkat sign the VIFTA. VNA/VNS Photo Văn Ứng

Israel, Vietnam sign Free-Trade Agreement

(SGI) -  Israel and Vietnam signed a free trade agreement in Jerusalem on Tuesday, Minister of Economy and Industry Nir Barkat announced. It is Israel's first free trade agreement with a member of the Association of Southeast Asian Nations (ASEAN). The agreement was signed by Barkat and his Vietnamese counterpart, Nguyen Hong Dien in the presence of Israeli Prime Minister Benjamin Netanyahu and Vietnamese Deputy Prime Minister Tran Luu Quang.
Global businesses laud growth in Vietnam

Global businesses laud growth in Vietnam

(SGI) - Despite instability in the banking system and the constant periodic raising of interest rates, Vietnam still emerged with an impressive GDP growth rate in 2022 and a positive forecast for 2023.
Belt Road No. 3 Project to officially start

Belt Road No. 3 Project to officially start

(SGI) - The ambitious Belt Road No. 3 Project in Ho Chi Minh City will officially open for construction on 18 June and it is hoped that along with the people of Ho Chi Minh City, other neighboring provinces will also benefit from this breakthrough infrastructure which has been 12 years in the planning.
Ho Chi Minh City must develop model for hi-tech human resource

Ho Chi Minh City must develop model for hi-tech human resource

(SGI) - According to Mr. Phạm Kim Cương, a former software engineer at Google, Ho Chi Minh City needs to develop a strong working model that will link the three vital functioning factors of non-profit organizations, business sponsors, and state agencies so as to attract high-quality human resources for the development of new technology.
Vietnamese Minister of Industry and Trade Nguyen Hong Dien (R) and RoK Ambassador to Vietnam Oh Yong-ju (Photo: VNA)

Vietnam, RoK intensify trade cooperation

(SGI) - Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen Hong Dien.
Top S. Korean chaebols to lead biz delegation for Yoon's Vietnam visit

Top S. Korean chaebols to lead biz delegation for Yoon's Vietnam visit

Chiefs of top South Korean conglomerates, including Samsung, SK and Hyundai, will accompany President Yoon Suk Yeol on his trip next week to France to promote the country's bid to host the World Expo and a subsequent state visit to Vietnam, a business association said Tuesday.
Australian Prime Minister Anthony Albanese, left, and Vietnamese Prime Minister Pham Minh Chinh, left, shake hands, ahead of their bilateral meeting in Hanoi, Vietnam, June 4, 2023.

Australia Seeks Closer Ties with Vietnam

Australian Prime Minister Anthony Albanese has concluded a visit to Vietnam, during which he signed a multi-million-dollar agreement to help Vietnam decarbonize its economy. Tensions with China have also been the backdrop to the visit.
Golden season of Marian mango fruit

Golden season of Marian mango fruit

(SGI) - These days, anyone passing through Đông Thành commune in Bình Minh town in Vinh Long province, along the area leading to Can Tho bridge, can admire the golden hues of the Marian mango or Plum mango.
Ho Chi Minh City plans proactive measures to revive economy

Ho Chi Minh City plans proactive measures to revive economy

(SGI) -  After the General Statistics Office announced that the GRDP index of Ho Chi Minh City in the first quarter of 2023 had only increased by 0.7 percent, leaders in Ho Chi Minh City are looking at drastic actions to revive the economic hub of the country to its old glory again.
Some industries hope to revive in second quarter

Some industries hope to revive in second quarter

(SGI) - Many export manufacturers had faced serious cancellations and shortage of orders by the end of 2022, and many enterprises in the textile, footwear, and wood industries operated in moderation with employees working on alternate days.
Riccardo Puliti, new Regional Vice President for Asia and the Pacific.

IFC announced new Regional Vice President for Asia and the Pacific

(SGI) - IFC today announced the appointment of Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. Puliti will oversee IFC’s regional efforts in spurring private sector growth and identifying impactful collaborations for a green, resilient, and inclusive recovery, in response to multiple crises and a deteriorating global economic outlook.
Exporters foresee tough challenges in 2023

Exporters foresee tough challenges in 2023

(SGI) - Although the last months of the year had seen a substantial drop in export orders, the textile and garment industry, as well as the seafood industry, still ended the year with positive results.