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Vietnamese lychees are sold at an AEON supermarket in Japan which is a major trade partner of Vietnam in Asia. (Photo: VNA) Hanoi (VNA) – Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value. Accordingly, Vietnam’s exports to other Asian countries reached 177.26 billion USD in 2022, up 9.5% year-on-year. The country’s imports from other Asian nations hit 298.03 billion USD, up 9.6%. Vietnam saw a trade deficit with only Asia among the five continents. Major trade partners of Vietnam in Asia include China, the Republic of Korea, Japan, and the Association of Southeast Asian Nations (ASEAN). According to preliminary statistics of the General Department of Customs, Vietnam's total import-export value of goods reached 730.2 billion USD last year, up 9.1% compared to 2021. The value of imports and exports between … [Read more...] about Vietnam-Asia trade reaches nearly 475.3 billion USD in 2022

Ninh Binh Province in northern Vietnam ranked seventh on a list of the 10 most welcoming destinations in the world published recently by Dutch-based online travel agency Booking.com. The ranking was based on an analysis of more than 240 million verified customer reviews on the website. Around 90 kilometers south of Hanoi, Ninh Binh Province is famous for a high density of natural and cultural attractions, including Cuc Phuong National Park, Van Long wetland nature reserve, grotto caves and rivers in Trang An, Tam Coc-Bich Dong and Mua Caves, historic monuments in the Hoa Lu ancient capital, Bai Dinh Temple -- Vietnam’s largest buddhist worshiping complex -- and the Phat Diem Cathedral. The northern Vietnamese province started shining on the global stage after the Hollywood movie ‘Kong: Skull Island’ was filmed there in 2016. It welcomed nearly 330,000 visitors, including over 29,500 foreigners, during the recent seven-day Lunar New Year holiday. La Rioja in Spain topped … [Read more...] about Vietnam’s Ninh Binh world’s 7th most welcoming destination: Booking.com

In an interview granted to the Vietnam News Agency’s correspondents in Vientiane, Boviengkham Vongdara, member of the Central Committee of the Lao People's Revolutionary Party (LPRP), Minister of Science and Technology of Laos, and President of the Laos - Vietnam Friendship Association (LVFA), highlighted Vietnam's major achievements under the CPV leadership through different periods, including the declaration of independence in 1945, the victories against the French colonialists and the U.S. imperialists between 1945 and 1975. He also spoke highly of the reunification of the country in 1975, and the post-war national construction and recovery after 1975. He said that the most outstanding success of the Party is its leadership over the “Doi Moi” (Renewal) cause, switching from a subsidized economic model to a socialist-oriented market economy, helping bring the country’s economy into the contemporary era. He noted that last year, despite COVID-19 impacts and difficulties from the … [Read more...] about Lao official highlights Vietnam’s successes under CPV leadership

-What do you think about local garment firms’ inability to dominate the domestic market of 100 million people here in Vietnam? - Vietnamese textile and garment enterprises are still [only beginning to] tap the domestic market. Last year, the domestic market increased by 40% against 2021. Local enterprises performed very well in the first half of last year and began to face difficulties in the third quarter. In the fourth quarter, many good Vietnamese brands like Viet Tien saw sales decrease. In late 2022, the Vinatex Fashion Center retail outlet in Hanoi made revenues of only VND500-600 million ($21,200-25,400) a day, compared with daily revenues of over VND1 billion in previous years. Over the past two years, many domestic fashion brands have reduced their number of stores and limited new openings. They have had to focus on certain locations to reduce costs, optimize operations and try to offer products that are most suitable to consumers’ incomes.In fact, domestic … [Read more...] about Garment firms should tap niche markets: Vinatex chairman

The movie, released during the Lunar New Year holiday, immediately dominated the domestic box office and broke many records. According to Box Office Mojo, the global box office tracking site of IMDb, "Nha Ba Nu" recorded the sixth highest revenue in world box offices (excluding North America) from January. 27 to 29. "Nha Ba Nu" generated over $4.3 million during the three-day period. This put the movie at sixth among the highest-grossing movies in 2023. As of Thursday, the movie had reached the VND300 billion ($12.8 million) mark in Vietnam. And it is predicted to soon reach the VND400 billion mark that "Bo Gia" (Dad, I’m Sorry), which also starred Tran Thanh, achieved in 2021. Film experts and distributors said "Nha Ba Nu" contributed greatly to the revival of the Vietnamese box office during the Lunar New Year holidays ( Tet ). According to a representative of Box Office Vietnam, a film data site, the total revenue of movies released during Tet (from January 22 to 31) is … [Read more...] about Vietnamese movie enters world’s top 10 box office on weekend

The release of the book is part of activities to celebrate the 93rd founding anniversary of the Communist Party of Vietnam (February 3) and the 10th anniversary of the establishment of the Central Steering Committee for Prevention and Control of Corruption and Negative Phenomena (February 1). The book presents directions of Nguyen Phu Trong as the Party leader and head of the steering committee in a systematic manner. With nearly 100 photos, the 600-page book comprises three parts presented in a modern press style. The first part focuses on issues drawn from the fight against corruption and negative phenomena in Vietnam. The second introduces 22 articles on Party building and rectification by the Party chief . The last is a collection of opinions and assessments of people from different walks of life, National Assembly deputies, and foreign politicians and scholars on Vietnam’s anti- corruption efforts under the Party leadership./. VNA … [Read more...] about Party chief’s book on fight against corruption released

UK Minister of International Trade Greg Hands visited Vietnam on Wednesday to explore trade cooperation opportunities between the two countries. His visit came amidst the UK’s pursuit of full membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2023. Vietnam is the first stop on the minister’s three-day trip to three Southeast Asian countries, all of which are founding members of the partnership. During an exclusive interview with Tuoi Tre News , Hands emphasized what the UK can offer the CPTPP, as well as discussed the UK’s strong strategic partnership with Vietnam. In a speech at Lancaster House on January 23, UK Trade Secretary Kemi Badenoch outlined five priorities for trade. What are your priorities as the Minister of State for Trade Policy? My personal priorities are, first, to get the UK into the CPTPP. Vietnam will play a crucial role in that progress. My second priority is to do a free trade agreement with India this … [Read more...] about UK joining CPTPP a fundamental change to the bloc: minister

Representatives of AstraZeneca Vietnam and doctors from Cho Ray Hospital at the co-operation MoU signing ceremony between the two sides in HCM City on Thursday. — Photo Courtesy AstraZeneca Vietnam AstraZeneca Vietnam and Cho Ray Hospital on Thursday signed a memorandum of understanding (MoU) to deepen the medical knowledge of healthcare workers and better serve the needs of patients in HCM City and the southeast region of Viet Nam during 2023-25. The three-year agreement will enhance the implementation of clinical trials, medical workforce training, patient support programmes and further international integration activities of Cho Ray Hospital, indirectly boosting the level of expertise at hospitals and clinics in the region. The comprehensive collaboration will cover a variety of therapeutic areas such as oncology; respiratory and gastrointestinal diseases; cardiovascular, renal and metabolism; and vaccines and immune therapies. Nitin Kapoor, Chairman and General Director … [Read more...] about AstraZeneca, Cho Ray Hospital partner to strengthen healthcare innovation in Viet Nam