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Goods for export at the Tan Cang-Cat Lai Port in HCM City. Vietnam's exports to India topped 7.96 billion USD in 2022, up 26.8% year-on-year.  (Photo: VNA) Hanoi (VNS/VNA) - Two-way trade between Vietnam and India saw a yearly increase of 13.6% to 15.05 billion  USD in 2022, statistics from the General Department of Customs showed. During the year, Vietnam’s exports to India topped 7.96 billion USD, up 26.8% year-on-year. Among its export items, mobile phones and accessories posted the highest turnover with 1.52 billion USD, up 18.4%, making up nearly 20% of the total export value. Computers, electronics and parts came next with 1.03 billion USD, up 25%, or 13%, while machinery and equipment ranked third with 804 million USD or over 10%. Other staples with the highest value increase were coffee with 165%; iron and steel (97%) and footwear (96%). Some items, however, posted large decreases in export value, such as animal feed and raw materials with 23.04 million USD, down … [Read more...] about Vietnam’s trade with India hits record in 2022

2In 2023, revenues of Vietnam’s e-learning market are expected to reach around $3 billion with a compound annual growth rate of about 20.2 per cent during 2019-2023, according to a report by Ken Research. Photo: doanhnhansaigon.vn Hanoi – Experts are positive about the development of Vietnam’s education technology (edtech) market in 2023 if local edtech companies can overcome post-pandemic challenges. Pham Giang Linh, managing director of Galaxy Education told the Tuoi tre (Youth) newspaper that Vietnam’s edtech market was formed in 2006 and 2007 – the first development stage of the digital economy in the country, but it only attracted wide attention in the period from 2020-2021, when demand for e-learning increased sharply due to the COVID-19 pandemic. In 2022, Vietnam saw the establishment of more than 100 edtech startups which strongly attracted capital from foreign investors, he said, citing examples like Topica, ELSA, ColderSchool, Edmicro, Vuihoc, and Educa, which … [Read more...] about 2023 – Time for edtech to thrive in Vietnam

Thailand exports 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier. (Photo: Reuters) Bangkok (VNA) – Thailand exported 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier, the country’s Commerce Ministry said on January 31. The exports exceeded a target of 7.5 million tonnes, with top markets being Iraq, South Africa, China, and the US, it said in a statement. Thai rice exports were strong last year because of the weak baht, according to Ronnarong Phoolpipat, head of the ministry’s Trade Policy and Strategy Office. Earlier this month, the Thai Rice Exporters Association lowered its target for 2023 from 8 million tonnes to 7.5 million as the baht, which is which is now trading around 32.50 to the US dollar, has appreciated dramatically after reaching a low of 38 last October. The price of benchmark 5% white rice remains high in world markets, having risen from 465 USD a tonne in mid-December to 523 USD as of January 18, said the … [Read more...] about Thailand’s 2022 rice exports beat target

Jakarta (VNA) - Indonesia plans to produce 695 million tonnes and export 518 million tonnes of coal this year, said Energy and Mineral Resources Minister Arifin Tasrif . The figures are higher than the country’s 2022 coal production of 687 million tonnes and export of 494 million, he said. The production last year was higher than the target of 663 million tonnes despite an export ban at the beginning of the year and heavy rain flow that disrupted activities. The official expected that coal prices will remain up in 2023 after last year’s record prices. According to shipping data from consultancy Kpler, the country’s exports to India, the Republic of Korea, Taiwan (China) and the Philippines all rose in 2022. Meanwhile, shipments to its biggest market, China, dipped. Indonesia’s domestic coal consumption is estimated at 177 million tonnes in 2023, down from 193 million tonnes in 2022./. VNA … [Read more...] about Indonesia plans record-high coal exports

Singapore’s inflation remains high in 2023: Economists (Photo: VNA) Singapore (VNA) – Based on latest data from Singapore ’s Ministry of Trade and Industry and Industry (MTI), many economists have forecasted that the country’s inflation will remain high in 2023, despite signs of reduction from global price pressures. In 2022, overall inflation came in at 6.1%, up from 2.3% a year ago, while core inflation, which excluded accommodation and private transport, came in 4.1% year on year, an increase of 0.9% year on year. Singapore's overall inflation is forecast at 4.5-5.5% in 2023, while core inflation is forecast at 2.5-3.5% after excluding impacts of increase in Goods and Services Tax (GST). Monetary Authority of Singapore (MAS) and the MTI have also warned about risks that could lead to high inflation rates being “persistent than expected”, especially after China reopened its market. However, both MAS and the MTI are still optimistic about the second half of … [Read more...] about Singapore’s inflation remains high in 2023: Economists

A Vietjet aircraft (Photo: Vietjet) HCM City (VNA) – Low-cost airline Vietjet is offering passengers lucky journeys on the red aircraft with attractive promotions on the occasion of the spring 2023. Accordingly, passengers enjoy a discount of up to 90% from February 1-3 when booking tickets and applying the code "FLYFORLOVE" at the official website www.vietjetair.com and Vietjet Air mobile app. The flight period is from February 16 to May 16, 2023 for all domestic and international routes including those to Australia, India, Kazakhstan, the Republic of Korea, Japan, Taiwan, Hong Kong, Thailand, Singapore, Malaysia, and Indonesia (Bali). In particular, passengers can enjoy free payment fees when booking and paying via Vietjet SkyClub. Moreover, from February 1 to March 15, thousands of e-vouchers worth 100,000 VND will be given to all passengers when booking tickets and successfully paying with Vietjet, after then visit https://evoucher.vietjetair.com/ to receive e-voucher … [Read more...] about Vietjet offers flight tickets up to 90% off

In 2023, revenues of Vietnam’s e-learning market are expected to reach around 3 billion USD with a compound annual growth rate of about 20.2% during 2019-2023, according to a report by Ken Research (Photo: doanhnhansaigon.vn) Hanoi (VNA) – Experts are positive about the development of Vietnam’s education technology (Edtech) market in 2023 if local Edtech companies can overcome post-pandemic challenges. Pham Giang Linh, managing director of Galaxy Education told the Tuoi tre (Youth) newspaper that Vietnam’s Edtech market was formed in 2006 and 2007 – the first development stage of the digital economy in the country, but it only attracted wide attention in the period from 2020-2021, when demand for e-learning increased sharply due to the COVID-19 pandemic. In 2022, Vietnam saw the establishment of more than 100 Edtech startups which strongly attracted capital from foreign investors, he said, citing examples like Topica, ELSA, ColderSchool, Edmicro, Vuihoc, and Educa, … [Read more...] about 2023 – Time for Edtech to thrive in Vietnam

The unit is tasked with managing and protecting a 24km-long section of borderline and 72 border markers in Xin Cai and Thuong Phung communes. Carrying out missions in complicated terrain and harsh weather conditions, the border post’s troops have overcome all difficulties to successfully complete assigned missions. Although troops of Xin Cai Border Post had to live far from home during the lunar New Year holiday to carry out missions, including law dissemination and education, they received trust and sentiment from local people. PANO would like to introduce photos of troops of Xin Cai Border Post performing missions over the past time. Translated by Tran Hoai … [Read more...] about For peaceful borderline

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - Prime Minister Pham Minh Chinh outlined main tasks to improve the material and spiritual life of labourers at a meeting on coordination between the Government and the Vietnam General Confederation of Labour (VGCL) in Hanoi on February 1. The ministries of planning and investment; industry and trade; foreign affairs; and labour, invalids and social affairs should coordinate with the VGCL in boosting production and business, expanding the market, creating more jobs for labourers, and improving their skills, the Government leader said. Read full story - A book by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong regarding the fight against corruption and other negative phenomena will be released at a ceremony in Hanoi on February 2, according to the CPV Central Committee’s Commission for Internal Affairs. The debut is timed for the 93rd … [Read more...] about ☕ Afternoon briefing on February 1

Miss Universe Vietnam 2017, H'Hen Nie, will be the Communication Ambassador for the 8th Buon Ma Thuot Coffee Festival which will be held in the Central Highlands Province of Dak Lak from March 10 -14. Miss Universe Vietnam 2017, H'Hen Nie, besides a coffee tree. This year's festival is expected to be held on a larger scale compared to previous events and aims to promote Buon Ma Thuot coffee, develop Vietnamese speciality coffee, and honour domestic coffee growers and businesses, the organiser said. The coffee festival will also create an opportunity for Dak Lak to introduce its potential and tourism strengths, as well as promoting investment into coffee trading and processing, and other agricultural products. The 2023 Buon Ma Thuot Coffee Festival will feature 18 main events organised in Buon Ma Thuot City and some other activities held across Dak Lak Province. Some of the main events include a provincial investment promotion conference, a coffee trade … [Read more...] about Miss Universe Vietnam H’Hen Nie to become coffee festival ambassador