Markets

The digital commerce landscape is thriving amidst the Fourth Industrial Revolution, presenting a plethora of new opportunities for the Vietnam-China business community. This dynamic arena serves as a catalyst, fostering enhanced collaboration and ushering in a new era of cooperative potential.

At the 3rd Global E-commerce Fair, 16 booths from leading Vietnamese digital enterprises will showcase cutting-edge products, services, and technological solutions.

"The dynamic world of fuel pricing is ever-evolving, and this time, we witness a notable surge. The prices of E5RON92 and RON95-III gasoline have risen by 679 VND and 756 VND per liter, respectively. In tandem, the costs of various oils have also escalated, ranging from a substantial 322 VND to 531 VND per liter or kilogram, compared to the current base rates. Stay tuned as we navigate these fluctuations together, bringing you the latest updates on the energy landscape."

The energy-saving potential in Vietnam's industrial sector is estimated to be between 20% and 30%. While energy audits are a crucial first step towards efficient and effective energy usage, there are challenges to conducting these audits effectively.

With over 30 booths, the Product Exhibition Space showcased the notable achievements of both nations. The event also served as an opportunity for businesses and local communities from each country to promote their distinctive and outstanding products.

The 2024 Textile and Apparel Industry Exhibition Series brings together leading businesses in the industry, offering a vital platform for knowledge exchange and technological innovation for Vietnam's textile and apparel enterprises.

The products that are part of the 8 modern distribution systems in Ho Chi Minh City, whether they have the "green tick" of approval or not, will be removed from the system if they are found to be in violation. The city's policy is to prioritize quality and say no to substandard products.

The torrential rain and flooding caused by Storm No. 3 in Bac Ha District, Lao Cai Province, have resulted in devastating losses. Twenty-five people have tragically lost their lives, with nine still missing. The storm has wreaked havoc, leaving 719 homes collapsed or buried, and displacing 1,339 families comprising 5,454 individuals.

The commodities market is akin to a game of chance, with traders betting on rising and falling indices. None of the trades involve physical goods, not even 1%. Not a single Vietnamese product is currently listed on domestic or international exchanges.

The circular economic model of production is now regarded as a sustainable solution, emphasizing waste reduction and resource optimization. This approach is becoming increasingly vital in the agriculture and agro-processing industries, as stakeholders recognize the importance of minimizing environmental impact while maximizing efficiency.