Trade - Service

As Hanoi’s authorities have targeted 50% of its population to shop online in 2022, supporting farmers to set up stores on e-commerce platforms is a priority of the city.

The upgrade to Ba2 reflects Vietnam's growing economic strengths relative to peers and greater resilience to external macroeconomic shocks.

Despite challenging regional and international situations over the past 60 years, such a strong friendship has been on the rise with substantial benefit for each country.

PM Pham Minh Chinh hopes Standard Chartered Bank will help Vietnam increase its access to green funding on the country’s pursuit of green growth in the future.

Bilateral tourism exchange and promotion are expected to achieve two-way travel between Vietnam and Japan, hitting over 1.5 million people as before the pandemic.

Hanoi has set a goal to train 2,000 companies and home business owners, civil servants and students in e-commerce skills this year.

The city will also focus on supporting local businesses to access markets, capital, and high technology to enhance export.

The US remained Vietnam’s largest export market with a turnover of $77.7 billion, and China was the country’s largest import market with $82.1 billion.

Vietnam is looking to accelerate the negotiation process of establishing just energy transition partners with G7 countries.

In the latest petrol price adjustment period on August 22, the domestic retail prices were back on the upward trend following five consecutive cuts in July.

A five-day festival promoting Hanoi craft villages and farm produce will be held in Ha Dong District, Hanoi, in the fourth quarter of this year.

The Business-to-business (B2B) matching program aims to celebrate the 30th anniversary of diplomatic relations between Vietnam and South Korea (1992-2022).

The incoming of foreign airlines to Vietnam shows the market’s potential, and no doubt would enhance the competitiveness among domestic airlines.

Vietnam is expected to earn a trade surplus of around US$1 billion in 2022, reaching the Government’s target for this year.

Diesel has been the most imported product since early this year, making 60% of the total, or 3.17 million tons.

The country’s trade turnover is estimated to reach a record high of US$800 billion by year-end.

The successive opening of direct flights connecting famous tourist destinations between the two countries is paving the way for travel to boom.

Since the launch of the EAEU in 2016, bilateral trade turnover has been on a steady rise and reached $630 million in 2021, nearly tripled that of in 2016.

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam.

Traditional big in coffee culture (2nd largest coffee producer in the world after Brazil, bubble tea has gained prominence in recent years with the influx of bubble tea brands.