Trade - Service

The United States will officially allow fresh mango fruit imports from Vietnam to enter the market from the end of this year.

​The young, hops-happy economy is alluring for big brewers like Asahi and Anheuser-Busch InBev.

More than 3000 enterprises registered to attend the Online shopping program (Online Friday) taking place during 24 hours of today.

​The 15th Vietnam International Trade Fair (Vietnam Expo 2017 in Ho Chi Minh City) will take place from 6th to 9th December 2017 at the Saigon Exhibition and Convention Center (SECC).

Vietnam`s total goods retail sales and consumer service revenues were nearly 3,601 trillion Vietnamese dong (over 159.3 billion U.S. dollars) in the first 11 months of this year, up 10.7 percent on-year, the country`s General Statistics Office said on Thursday.

Starting the year, economic expert expressed concern over the huge trade deficit of Vietnam. However, in recent months, the trade balance has grown positively with trade surplus of 2.8 billion USD.

The consumer price index (CPI) of Vietnam increased 2.38 percent on-year in the first 11 months of 2017, announced the country`s General Statistics Office on Wednesday.

With high level of commitment, the EU – Vietnam Free Trade Agreement (EVFTA) is a comprehensive and high quality agreement, which balances the benefit of both Vietnam and EU and taking into consideration the gap in level of development.

Despite the e-commerce in Vietnam is in early stage, but there has been significant value growth of 69% in 2016 through the development of internet.

According to the Ministry of Agriculture & Rural Development, by the end of November 2017, export value of agricultural products reached 33.14 billion USD, up 13.8% compared to the same period in 2016.

The revenue of Vietnam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2020 and nearly VND44 quadrillion (US$1.938 trillion) by 2035.

Instead of franchising foreign brands, local businesses are capable of building their own brands in Food&Beverage (F&B) sector, as well as to take the lead in developing F&B.

Vietnamese and South Korean fresh fruits firms on November 24 gathered at a business seminar to further boost the cooperation between the two sides.

Vietnam’s total export revenue of phones and computers until November 15 rose by US$15.3 billion year-on-year to $61.3 billion.

Accumulatively, in 10 months, seafood exports to the EU market reached USD 1.215 billion, increased by 21.2% over the same period in 2016.

Freight train services have been launched between Nanchang City in east China`s Jiangxi Province and Hanoi in Vietnam.

DHL e-Commerce of Germany will cooperate with coffee shops, convenience stores and laundry services in Vietnam to open 1,000 DHL Service Points.

According to the Vietnam Customs, trade value of Vietnam’s vegetable and fruits in October reached 240 million USD, taking the trade value of these goods in first 10 months to 2.86 billion USD, up 42.6% compared to the same period of last year.

In 2017, the Vietnam’s retail market is back to the 6th rank in top 30 world’s most attractive retail markets.

Officially launched in November 4, the Hanoi Promotion Month has attracted a high number of visitors to participate in a series of events in the Promotion Month. Especially in 02 “Golden Promotion Days” on November 18-19, the event has attracted hundred of thousands of visitors.