The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) launched a national promotion month - Vietnam Grand Sale 2022 - in Hanoi on November 15.
Hanoi (VNA) – The Vietnam TradePromotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) launcheda national promotion month - Vietnam Grand Sale 2022 - in Hanoi on November 15.
The programme, to run until December 22, is expectedto help raise the total retail sales of goods and services, thus contributing tomaintaining the national economic growth.
Speaking at the launching ceremony, MoIT DeputyMinister Do Thang Hai said in the first 10 months of this year, the combinedretail sales were estimated at 4.63 quadrillion VND (186.91 billion USD), up20.2% year-on-year.
The ministry is calling for the engagement of industry andtrade departments of cities and provinces, associations, businesses and individualsin the implementation of the programme, he stressed.
Vietrade Director Vu Ba Phu noted that the programmeis open for businesses from all economic sectors and they can offer discountsof up to 100% during the month.
According to Acting Director of the Hanoi Departmentof Industry and Trade Tran Thi Phuong Lan, her agency has received about 10,000registrations for the programme with an accumulative promotion value of up to20 trillion VND, focusing on food, consumer goods, apparel, pharmacy,electronics - telecommunications, banking and real estate.
Organisers expect that the retail sales generated fromthis year’s programme will double the 458.5 trillion VND in 2021. /.
The Trade Promotion Agency (TPA) and Alibaba.com jointly organised a conference on March 18 to discuss the export of goods through the e-commerce platform and inaugurate the Vietnam Pavillion on Alibaba.com.
The value and position of the Vietnam national brand have constantly improved in recent years in the global market and received recognition from many prestigious international organisations, according to Vu Ba Phu, Director of the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade.
The Consulate General of the Republic of Korea (RoK) in Ho Chi Minh City and the municipal Department of External Affairs on October 31 launched a Vietnam-RoK business week targeting sustainable development.
A festival promoting farm produce and products under the One Commune One Product (OCOP) programme in association with tourism opened in Hanoi on November 11.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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.
At the launching ceremony (Photo: VNA) 
