Vietnam Trade Office in Singapore

The economic recovery across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region. Vietnam is predicted with a high growth prospect in the region, at more than 6.5% in 2022, 0.7% higher than the average growth of 5.8% for the whole region. This was a key finding from the Economic Forecast...

The energy used by high-rise buildings in Vietnam accounts for around 35%-40% of the country’s total energy consumption. A survey by real estate service firm Cushman & Wakefield (CWK) showed that around 40% of gas emissions came from real estate. According to the Vietnam Green Building Council, there are about 200 green buildings across the country. At the United Nations Climate Change...

Vietnamese commodities have made up 90% of goods sold in retail outlets owned by domestic enterprises and 60-96% of foreign supermarkets in Vietnam, according to the Ministry of Industry and Trade (MoIT), showing that more Vietnamese consumers are choosing Vietnamese goods. In traditional retail channels, the ratio of Vietnamese goods in markets and groceries is at least 60%. Particularly, since...

Vietnam has continued to make gains in agro-forestry-fishery production , and seen increases in agricultural exports thanks to its successful COVID-19 containment. As of mid-May, about 2.67 million ha out of 4.28 million ha of rice from the winter-spring crop had been harvested, up 3.6% over the same period last year, with total output of about 17.7 million tonnes. In...

I.General information about Binh Phuoc province Binh Phuoc is a province located in the Southern Key Economic Zone, with an area of 6,873.6 km2, adjacent to Binh Duong, Lam Dong, Dak Nong, Tay Ninh and Kingdom of Cambodia, 120 km from Ho Chi Minh City.  The province has 11 administrative units including 01 city, 02 towns, 08 districts, population...

Steel giant Hoa Phat Group wants to build a seaport and infrastructure for an industrial park for a total VND120 trillion ($5.16 billion) in the central province of Phu Yen. The company plans to complete the two projects, Bai Gioc seaport and Hoa Tam industrial park, within three years of receiving construction certificates and the cleared land, it said...

Deputy Prime Minister Le Van Thanh, on June 18, signed Directive No.08/CT-TTg on some tasks to promote sustainable agricultural and rural development in the Mekong Delta, proactively adapting to climate change. The directive clearly states that in the coming time, the goal is to develop the Mekong Delta quickly and sustainably; proactively adapt to climate change; create breakthroughs to improve...

As many as 1.1 million people have so far used Mobile Money service, including nearly 660,000 in rural, mountainous, remote, border and island areas. Ngo Dien Hy, Deputy General Director of the Vietnam Posts and Telecommunications Group (VNPT), said Mobile Money is an extension arm of the bank sector, enabling people in remote areas to access banking services. After six months of...

Vietnamese enterprises only account for about 20 percent of the cloud computing market share. The Data Center and Cloud Infrastructure Summit 2022 took place recently in Hanoi, as information and communication infrastructure plays an increasingly important role in digital, economic and social life. Hoang Van Ngoc, Director of Viettel IDC, said that data usage in Vietnam had increased seven-fold in the...

The Singapore-based cybersecurity firm Group-IB has spotted a mass-scale phishing campaign targetting their clients by impersonating 27 Vietnamese financial institutions. The campaign was launched back in 2019 with its first domain registered in May 2019. Since the onset, Group-IB has detected and taken down 240 interconnected domains, but new domains regularly emerge. The latest, which is part of the cybercriminals’ infrastructure,...