Agriculture, trade ministries sign MoU on agro-forestry-fisheries
A memorandum of understanding to enhance cooperation in promoting the production and consumption of agro-forestry-fisheries for 2016-2020 was signed in Hanoi on November 9
Hanoi (VNA) – A memorandum of understanding to enhance cooperation in promoting the production and consumption of agro-forestry-fisheries for 2016-2020 was signed in Hanoi 🎉on November 9 between the Ministry of Agriculture and Rural Develop🅰ment and the Ministry of Industry and Trade.
Accordingly, the two ministries will work closely together to improve output, quality and added value; lift non-tariff barriers; promote trade and brand building; fight smuggling and counterfeits; strengthen State management and develop craft villages, among others.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong said between now and the year’s end, both sides will direct producing and consuming vegetables, pork meat, milk, shrimp, tra fish and rice, towards lifting the export of agro-forestry-fisheries to 31 billion USD above.
Over the past years, the two ministries have adopted trade defence measures, conducted trade promotion programmes at home and abroad, electrified rural areas, and invested in irrigation for agriculture.-VNA
The Vietnam Farmer’s Union and the Japanese Institute of East Asian Studies signed an agreement on cooperation in agriculture, forestry, fisheries and rural development in Hanoi on July 22.
Vietnam’s agro-forestry-fisheries export in September is estimated at 2.5 billion USD, bringing the total nine-month figure to 23.3 billion USD, up 6 percent year on year.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative image (Source: VNA)
