A screenshot of the online conference (Photo: VNA)
Hanoi (VNA) - An online conference on tradepromotion via the Vietnamese commuꦫnity in India and Nepal wa𓆏s held on May 20.
It was jointly held by the Vietnam Trade PromotionAgency (VIETRADE) at the Ministry of Industry and Trade, the trade office ofthe Embassy of Vietnam in India, the association of Vietnamese people in Indiaand Nepal, and the Indian Importers Chambers of Commerce and Industry inVietnam. VIETRADE Deputy Director General Le Hoang Tai told theconference that Vietnam boasts huge potential for export to the Indian marketof nearly 1.4 billion people. Prominent exports to the country include farm produceand processed foodstuff, particularly dragon fruit and basa fish, while staplessuch as cashew nut, coffee, and peppercorn also have room for growth. The two governments have agreed on the need to developsupply chains in the fields of garments and textiles, footwear, electronicdevices, machinery, and mechanical products, he noted. Bilateral trade increased more than 2.06-fold to 11.21 billionUSD from 5.43 billion USD between 2016 and 2019, with Vietnam posting a tradesurplus of 2.1 billion USD in 2019. Those figures, however, remain modest compared to potential. Meanwhile, Nepal is also viewed as a promising market for Vietnam. Both countries are members of the WTO and annual bilateraltrade averages about 30 million USD. Vietnam exports mobile phones and components, computers,electronic devices, and peppercorn to Nepal, while importing cosmetics andhygiene products, among others. Vietnamese firms were advised to study the customs andculture of the two countries prior to working on export contracts, and should anticipate a language barrier, time-consuming sea transport, and competitionfrom other countries./.
Vietnamese expatriates in India and Nepal had a gathering in New Delhi on December 9 to share their difficulties and advantages while living in the South Asian nations.
Vietnamese Ambassador to India, Nepal and Bhutan Pham Sanh Chau presented a letter of credentials to Nepali President Bidhya Devi Bhandari in Kathmandu on March 18.
Trade between Vietnam and India would continue to grow strongly and sustainably after the COVID-19 pandemic is brought under control, Vietnamese Ambassador to India Pham Sanh Chau said on April 28.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
A screenshot of the online conference (Photo: VNA) 
