Seminar highlights Vietnam–RoK business cooperation opportunities in Hai Phong

Both local authorities and business community are diversifying markets, products, and supply chains; while improving product quality and competitiveness. They are also capitalising on free trade agreements to sustain export and import competitiveness.

A wide range of Vietnamese agricultural products are entering the peak harvest time, resulting in thousands of trucks arriving daily at the border gates in Lang Son province for export to China.

Apart from promoting business development, Hanoi has implemented a range of credit policies to support production and business activities.

The increased frequency on these two major international routes is expected not only to better accommodate growing passenger demand during the peak travel season, but also to strengthen Vietnam’s connectivity with two key aviation hubs in Southeast Asia.

Breaking down the figures, agricultural products accounted for 15.29 billion USD, up 16.3% while livestock products totalled 217.2 milion USD, an 11.7% increase.

On average, the CPI over the first five months climbed 3.03% year-on-year, reflecting a stable and well-controlled upward trend in prices.

Despite being weeks away from peak harvest season, Hung Yen’s signature egg-shaped lychees are already sold out thanks to a surge in pre-orders.

At the event, both sides acknowledged the current state of agricultural trade cooperation while sharing information about business needs and collaboration potential. The discussions opened concrete pathways to promote high-quality agricultural exports from Iowa to Vietnam and vice versa.

As Vietnam gears up for a bumper lychee harvest in 2025, estimated to reach 303,000 tonnes, up 30% from 2024, the agricultural sector, in coordination with localities, is proactively deploying measures to enhance fruit quality, expand markets, and boost exports.

The dredging of the Ky Ha marine fairway not only enhances Chu Lai Port’s capacity to receive large vessels but also opens up significant opportunities for it to directly connect with international sea routes, no longer depending on traditional transshipment ports.

Outstanding-quality lychees, meeting strict technical standards, from Thanh Ha district in the northern province of Hai Duong arrived in Paris and appeared on shelves of a supermarket in Paris after only five hours of import.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,982 VND/USD on June 3, up 12 VND from the previous day.

Vietnam’s Doi Moi (Renewal) process started in 1986, but it was not until the 1991-1995 period that the market mechanism with State management through laws, plans, policies, and other tools began to generate positive results.

The annual event aims to promote Vietnamese agricultural products, honour farmers, connect businesses with consumers, and foster cross-cultural exchange, according to Le Huu Luan, secretary to the chairman of Suoi Tien Theme Park.

The drive toward listing is part of a broader strategy among banks to strengthen capital bases.

Vietnam needs an estimated sum of 3.3 quadrillion VND (136 billion USD) for electricity generation and power grid development in 2025-30 period.

The service will operate four times weekly on Mondays, Wednesdays, Fridays, and Sundays, making Da Nang the third Vietnamese city served by Emirates, alongside Ho Chi Minh City and Hanoi, in its extensive international network.

The key to success in scientific research lies in the collaboration between private enterprises and universities. When private companies place orders with universities, academic institutions receive funding for operations while providing students with opportunities to handle real-world problems.

The continuous influx of investment proposals from US technology corporations is a positive signal, demonstrating HCM City’s strong appeal to high-quality capital, especially in technology and real estate sectors.

A Vietnamese delegation is visiting the US to strengthen bilateral trade relations and explore opportunities to expand imports of US agro-forestry-fishery products, in a move to balance bilateral trade.