According to the HCM City Statistics Office, the consumption index for the processing and manufacturing sector increased by 11.7% year-on-year. There are 16 processing and manufacturing industries seeing an increase in the index, while seven declined.
The supply of new apartments in Hanoi increased fourfold in the second quarter of 2024 from the previous quarter, Nguyen Hoai An, Senior Director for the research and consulting division at CBRE Vietnam, said at a press conference on July 9.
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
The recent falls in rice prices are only short-term and the upward trend will continue in 2024 on limited supply, providing significant opportunities for Vietnam’s rice export, analysts have said.
New supply in the industrial real estate market in Ho Chi Minh City and neighbouring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tet (Lunar New Year) Festival.
Minister of the Agriculture and Food Security Ministry of Malaysia Mohamad Sabu said his ministry will implement four drastic intervention measures to reduce the people's woes on the price hike of imported rice and the rise in demand of local rice.
Vietnam’s coffee exports in the third quarter of this year will slow down because supply is no longer abundant, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.
Ho Chi Minh City hopes to be a model of local-to-local cooperation between Vietnam and Japan, Phan Van Mai, Chairman of the Ho Chi Minh City People's Committee, said at a ceremony on September 20 to mark the 50th anniversary of the two countries' diplomatic ties.
The Vietnam international exhibition on products, equipment, supplies for medical, pharmaceutical, hospital and rehabilitation – Pharmedi Vietnam 2023 kicked off in Ho Chi Minh City on September 13.
A delegation of Dutch entrepreneurs is expected to come to Vietnam to seek partners and attend Vietnam International Sourcing 2023 which is slated to take place in Ho Chi Minh City from September 13 to 15, according to the Vietnamese Trade Office in the Netherlands.
Malaysia has obtained an understanding with the Indonesian government over the investment and supply of hydrogen gas to Nusantara, the neighbouring country’s new capital city, according to Prime Minister Anwar Ibrahim.
The Minister of Industry and Trade has recently asked the trio of power giants to keep the supply of coal stable at all costs in 2023 as the mineral is essential for power generation and fertiliser production.
The longest 220kV offshore overhead power transmission line in Southeast Asia, connecting the mainland of the Mekong Delta province of Kien Giang and its resort island Phu Quoc, was put into operation on October 14.
The Department of Industry and Trade of Hanoi on August 23 inked an MoU with French company Advanced Business Events (ABE) on cooperation in developing a high-grade network of sustainable production, supply and consumption in the aviation industry.
Vietnam hopes to establish long-term stable trade and investment ties with Australia and receive technology in sustainable coal mining and processing from Australia, said Minister of Industry and Trade Nguyen Hong Dien.
Germany’s crane supplier Kocks Ardelt Kranbau on July 8 signed a contract for the supply of container cranes with Dinh Vu Petroleum Service Port JSC of Vietnam.
Minister of Industry and Trade Nguyen Hong Dien requested the establishment of a steering committee to ensure sufficient essential goods supply for Ho Chi Minh City and other localities in the south as the total caseload in the city topped 8,000 on July 7.
