Hanoi (VNA)– Hanoi has set a target of earning about 12.7 billion USD from exports in2018, a rise of about 8 percent over the previous year.
To this end, thecapital city will continue speeding up administrative reform, focusing on strengtheningIT application in administrative procedure settlement.
Meanwhile, the citywill design policies to improve production and exports, while enhancingcompetitiveness of local enterprises and foster labour supply-demandconnections, and attracting more investment in infrastructure development andservices.
The municipal People’sCommittee has assigned the Hanoi Department of Taxation to coordinate withrelevant agencies to implement projects in modernising tax management andapplying IT in all stages and steps of tax management in order to createfavourable conditions for enterprises, ensuring transparency and reduce cost.
The Hanoi Customs wasasked to pilot a management and supervision system of goods transported throughNoi Bai International Airport, measure clearance time for import-export goods, andconduct a survey on enterprises’ satisfaction in 2018.
The city will alsoissue certificates of origin (C/O) through its online public services, whilejoining the national and ASEAN one-door mechanism in granting C/O in line withcommitments of the Government to ASEAN.
The city will also applymeasures to increase business’ access to credit by connecting them with banksand credit institutions, while holding training courses to upgrade enterprises withinformation on foreign markets, free trade agreements and new policies and lawsrelated to import-export activities.
As of the end of thefirst quarter of 2018, Hanoi’s industrial production expanded 8.5 percent, arise of 3.4 percent year on year. Total retail and service revenue wasestimated at 617.49 billion VND (27.16million USD), up 12.4 percent year on year. The city’s exports fetched 155million USD, up 16.9 percent year on year, while social investment attraction rose9.5 percent.
At the same time,foreign arrivals to Hanoi hit 1.13 million.-VNA
Hanoi needs to have practical and specific solutions to boost its industrial production and exports, Deputy Minister of Industry and Trade Ho Thi Kim Thoa has said.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.