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According to research conducted by the Ministry of Planning and Investment, the EVFTA and EVIPA are poised to elevate the country’s GDP by 4.6 per cent, whilst increasing exports to the EU by 42.7 per cent by 2025. The European Commission estimated that the EU's GDP will surge by US$ 29.5 billion and its exports to Vietnam will grow by 29 per cent by 2035. … [Read more...] about BUSINESS NEWS HEADLINES FEB.18

Mr. Dam Van Hung, the owner of Huong Mien Tay fruit trading facility in Ben Tre Province, the leading green-skinned exporter in the Mekong Delta, said that the price of green-skinned pomelos has declined sharply and farmers in Ben Tre, Tra Vinh, Tien Giang, and Soc Trang provinces have been looking for traders but fruit trading facilities neglect to buy as consumption has been facing difficulties. According to Mr. Hung, normally, his facility collects around 60 tons of green-peeled pomelos every day from farmers in the Mekong Delta and even the Southeast region of Vietnam. However, at this time, his facility can buy a maximum of around 6-7 tons per day though the price of pomelos is much lower compared to before the lunar New Year as exporting agricultural products via cross-border trade has been tightened since the outbreak of the Covid-19. Therefore, it is difficult for fruit trading facilities to transport green-skinned pomelos to the Chinese market. The solution currently applied … [Read more...] about Price of green-skinned pomelos falls sharply due to poor consumption

Analyzing how Phu Quoc Island, Sa Pa, Quang Ninh and Da Nang have all been transformed in the eyes of the world, it is evident that the introduction of world class resorts, entertainment complexes, cable car systems and other unique products has played a decisive role. Without such developments, many beautiful places in Vietnam would be confined to the sidelines of global tourism growth. … [Read more...] about World class developments give fresh impetus to Vietnam’s tourism hotspots