Vietnam news in brief - December 6
Read the Hanoi Times to keep up with the latest developments in the country.
US provides US$12.5 million to strengthen Vietnam's maritime law enforcement
The United States on December 5 announced a US$12.5 million assistance package to enhance Vietnam's maritime law enforcement capabilities and addressing Illegal, Unreported, and Unregulated (IUU) fishing. This package will support some Vietnamese agencies, including DFIRES, the Ministry of Public Security, and the General Department of Vietnam Customs. It encompasses the donation of small patrol boats, capacity-building initiatives and the development of realistic maritime law enforcement training facilities.
Vegetables and flowers market takes place at Dalat
The Vegetables and flowers market, part of the 10th Dalat Flower Festival, runs from December 6 to 15, at Tran Quoc Toan Park. It features 120 booths showcasing Dalat's signature vegetables, flowers, and One Commune One Product (OCOP) products, with some activities like free vegetable buffets, floral arrangement workshops, and cultural performances, drawing thousands of visitors.
| Beautiful blue jacaranda flowers bloom in Dalat from late March until early May. Photo: Le Quynh Tien/The Hanoi Times |
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Vietnam’s FDI from January to November reaches nearly US$31.4 billion
The Ministry of Planning and Investment on December 6 reported that total registered capital for foreign investments between January and November rose 1% year-on-year to nearly US$31.4 billion. Singapore led with US$9.14 billion, up 53.7% year-on-year, followed by Korea with US$3.89 billion, down 9% compared to the same period last year.
Vietnam achieves US$24.31 billion trade surplus from January to November
Vietnam recorded a trade surplus of US$24.31 billion between January and November. The United States led as the largest trade surplus partner at US$95.4 billion, up 26.7% year-on-year, followed by the EU at US$32 billion, an increase of 21.1% over the same past year.
Vietnam becomes 8th largest trading partner of the U.S.
The United States Census Bureau on December 6 reported that Vietnam is the 8th largest trading partner of the US, with total bilateral trade reaching approximately US$111 billion between January and October, a 22.5% increase compared to the same period in 2023. Key export items with over 20% growth include furniture, medical machinery, printers, footwear, rubber, plastic products, and steel.
