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In addition, many northern provinces have accelerated the process of issuing cultivation area codes for a variety of specialty fruits in order to increase the added value. As a result, in 2020, many types of fruit will be exported through official channels to quality markets at prices many times higher than before, such as lychee exported to Japan, longan exported to Australia, and dragon fruit exported to the US. These results have contributed to bringing Vietnam’s agricultural, forestry and fishery export turnover to a record US$ 41.25 billion in 2020 in the context of the agricultural sector facing many challenges due to natural disasters and epidemics. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25

The first action to take to develop a new marketing strategy is reassessing and reevaluating the business's assets and messages from a different perspective. As we live in a world with high unemployment rates, economic and general anxiety, messages, and business marketing strategies need to be aligned with societal status and financial hardships. … [Read more...] about COVID-19 Crisis: How Digital Marketing Help Businesses Thrive Amidst the Pandemic

Under a recent directive issued by the State Bank of Vietnam (SBV), banks will not be permitted to pay dividends in cash to focus their resources on sharply reducing interest rates for current loans and new loans, which is considered a measure to help firms overcome difficulties caused by the COVID-19 pandemic. … [Read more...] about VN banks upbeat about charter capital hike in 2020

Handmade artificial flowers from cotton fibers have become more favored in recent years, because they look original and can be preserved for a long time. The demand is very high in the market. People buy flowers for decoration in their homes or as gifts.  … [Read more...] about Ben Tre man makes peach flowers from wool

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation