Enterprises are pouring money into farm produce processing projects, targeting the world market of 7.5 billion consumers.

Nearly 70 percent of 500 surveyed firms in Vietnam planned to expand their businesses in the near future as most of them were optimistic about business results in 2018.

Vietnam is expected to become a transit point for international visitors to North Korea, said Ha Van Sieu, head of Vietnam National Administration of Tourism.

Preferential policies should be applied -select-ively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vuong Dinh Hue said at a working session with the Ministry of Finance in Hanoi on February 28.

An estimated 1.58 million foreigners visited Vietnam in February, a month-on-month increase of 5.8 percent, according to the General Statistics Office.

The Japanese government yesterday organised a signing ceremony to provide non-refundable aid worth a total of more than US$300,000 to two ongoing projects in Vietnam.

The Ministry of Finance has issued Circular No. 04/2019/TT-BTC eliminating some circulars on import and export tax.

Vietnam was the second biggest supplier of coffee for Belgium after Brazil in 2018.

Foreign investors have poured US$8.47 billion into Việt Nam this year as of February 20, 2.5 times higher than the same period of last year, data from the Foreign Investment Agency under the Ministry of Planning and Investment revealed.

Vietnam’s agricultural export turnover reached a record level of about US$40 billion last year, ranked second in Southeast Asia and 15th in the world with products being exported to more than 180 countries and territories.