Hanoi’s export turnover exceeded 15 billion USD in the first 11 months of 2019, a year-on-year surge of 18.4 percent (Illustrative photo: VNA)
Hanoi (VNA) – Hanoi’s export turnover exceeded 15 billion USD in the first 11 monthsof 2019, a year-on-year surge of 18.4 percent.
Foreign shipments ofcomputers and peripheral devices contributed 2.28 billion USD to the capitalcity’s exports, increasing 4.4 percent against the same period last year.
Garment-textile rakedin nearly 2 billion USD, up 16.8 percent, while around 1.64 billion USD camefrom machinery, equipment and spare parts, up 2.8 percent.
Meanwhile, the exportturnover of farm produce and wooden products recorded declines of 22.3 percentand 6.8 percent to 887 million USD and 449 million USD in the period,respectively.
In November alone, thecity earned 1.57 billion USD from exports, a month-on-month rise of 6 percentand rising 33 percent against the previous year./.
The capital city of Hanoi welcomed more than 6 million foreign visitors in the period from January to November this year, a 12 percent increase from the same period last year.
Hanoi expects to overfulfil seven out of 22 targets set for this year, Vice Chairman of the city People’s Committee Nguyen The Hung reported to the municipal People’s Council on December 3.
The Smart Grid Week Vietnam 2019 has been underway in Hanoi since December 2, featuring a series of conferences and workshops for government officials, national and international professionals and partners as well as associations.
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.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.
Hanoi’s export turnover exceeded 15 billion USD in the first 11 months of 2019, a year-on-year surge of 18.4 percent (Illustrative photo: VNA) 
