Linking production with processing and market demand has become a key task of the agriculture and rural development sector towards earning US$43 billion in export revenue this year.

The booming ecommerce market in Vietnam is expected to beat the previous revenue forecast of US$10 billion and reach US$15 billion by 2020, a trade official has said.

Following the success of previous years, the seventh Vietnam International Travel Mart 2019 (VITM 2019), themed ‘Green Tourism’, will be held at the Vietnam – Soviet Friendship Labour Cultural Palace in Hanoi from March 27-30.

The Ministry of Agriculture and Rural Development (MARD) has announced a decision to cut 122 administrative procedures, equivalent to nearly one quarter of the procedures under its jurisdiction.

Up to 70% of Japanese businesses have announced that they want to expand operations in Vietnam, especially in manufacturing, trade and service, and retail sector, according to the Japanese External Trade Organisation (JETRO).

Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country.

The Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade and Amazon Global Selling introduced details of their plan on May 5 to support small-and medium-sized enterprises (SME) in Vietnam to expand their business globally and build their international trademarks.

The year 2019 will be a pivotal year for the agricultural economy with the aim of promoting exports and the consumption of agricultural products in the domestic market.

As of February 20, 514 foreign direct investment (FDI) projects were licensed in Viet Nam with the total registered capital of US$2.445 billion, up 25.1% in the number of projects and 75.7% of capital against the same period last year, according to the General Statistics Office.

With 28 member nations and a population of 516 million people, the EU has a high demand for imported goods from countries around the world, including agricultural products. Therefore, Vietnam should take the initiative in sending its products to the foreign market.