Vietnam Trade Office in Singapore

Moody's Investors Service has upgraded the Government of Việt Nam's long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive. Under a report released on Tuesday, Moody’s said: “The upgrade to Ba2 reflects Việt Nam's growing economic strengths relative to peers and greater resilience to external macroeconomic shocks that are indicative of...

The Mekong Delta province of Dong Thap expects to earn over 980 million USD from tra fish exports by 2025, according to a provincial development plan. The locality’s total tra fish farming area is set to reach 2,450 hectares in the next three years with an output of 555,000 tonnes worth some 9.04 trillion VND (384.43 million USD). Huynh Minh Tuan,...

The index of industrial production (IIP) in the first eight months of 2022 surged 9.4 per cent over the same period last year, according to the General Statistics Office (GSO). The office said that industrial production in August 2022 continued the trend of rapid recovery with an increase of 2.9 per cent over the previous month and 15.6 per cent...

Việt Nam's export value of agro, forestry, aquatic products in the first eight months of the year hit about US$36.3 billion, a year-on-year rise of 13.1 per cent, according to the Ministry of Agriculture and Rural Development (MARD). Of which, the export value of major agricultural products in the eight months was estimated at $15 billion, while the value stood...

Vietnam’s logistics industry has yet to have its potential fully tapped, and the country needs timely solutions to meet the surging demand for logistics infrastructure. A survey by Savills Vietnam showed that the logistics industry is enjoying significant growth thanks to the expansion of the national economy, manufacturing sectors, and e-commerce. Vietnam ranked 11th in the 2022 Emerging Market Logistics Index...

Vietnam’s export revenue in 2022 is expected to reach about 368 billion USD, a year-on-year rise of 9.46%, according to a report by the Ministry of Industry and Trade (MoIT). The number would surpass the targets set by both the Government and the ministry, at around 8%. Meanwhile, import value is estimated at 367 billion USD in the year, resulting in a trade surplus of some 1...

Việt Nam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Việt Nam report. Việt Nam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according...

Deputy Prime Minister Le Van Thanh has signed a decision to promulgate a national plan on aquaculture development in the 2021 – 2030 period. Deputy Prime Minister Le Van Thanh has signed a decision to promulgate a national plan on aquaculture development in the 2021 – 2030 period. The scheme’s overall aims is to develop aquaculture sustainably in response to...