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Newsletter

June 2022

  • The Minister of Industry and Trade Mr. Nguyen Hong Dien had a meeting with Vietnamese Trade Counsellors aims to boost exports to Europe

  • Vietnam-Italy Joint Commission convenes 7th meeting in Hanoi

  • Meeting with the Director of the Union Industry Turin, Mr. Angelo Cappetti

  • Working with Confindustria Genoa and the Chamber of Commerce Genoa

  • The case of Vietnam's cashew nut exports to Italy

  • EVFTA positively affects European businesses in Vietnam

  • Business opportunities in Vietnam and Singapore

  • The Workshop "Vietnam - Cooperation and Investment Opportunities for Campania Enterprises"

  • Business opportunities between Italian and Vietnamese companies.

Economic bulletin 

may 2022

  • The new Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Italy

  • The 7th meeting of the Joint Committee on Economic Cooperation

  • Update on 35 containers of cashew nuts lost OBL

  • Opening ceremony of the Representative Office of the Chamber of Commerce Italy-Vietnam in Hochiminh city

  • Vietnam attends 18th congress of World Federation of Trade Unions in Italy

  • RCEP strengthens Vietnam’s trade position

  • European businesses more positive about investing in Vietnam

  • Seminar seeks to promote space strategies in Italy, Vietnam

  • Business opportunities between Italian and Vietnamese companies.

economic bulletin

April 2022

  • Prime Minister holds phone conversation with Italian counterpart

  • The Government has set a target to keep the public debt cap at 60% of the country’s gross domestic product (GDP) by 2030

  • The Vietnamese digital economy is constantly expanding, also thanks to the acceleration brought about by the pandemic

  • European business confidence highest since fourth Covid-19 wave in Vietnam

  • Viet Nam to become model of inclusive, green growth: UNDP Representative

  • Exhibition builds cultural bridge between Vietnam and Italy

  • Vietnam Expo 2022

  • Business opportunities between Italian and Vietnamese companies.

Economic bulletin 

March 2022

  • The case of Vietnam's cashew exports to Italy

  • Experts highlight Vietnam’s positive economic outlook

  • Vietnam’s rice exports signal a favourable year in 2022

  • Vietnam accounts for 10% of world footwear exports for the first time

  • Renewable energy offers investment opportunities in Vietnam

  • Project of AI R&D center in Binh Dinh

  • The 31st Vietnam International Trade Fair will take place in Hanoi

  • New opportunities for Vietnamese students in Italy

  • Viet Nam resumes visa exemption policy for citizens from 13 countries

Economic bulletin 

February 2022

  • Vietnam and the EU seek to promote energy collaboration

  • EU major market for Vietnamese farm produce: Agriculture Minister

  • Bac Giang keen on cooperating with Italian in agricultural production, processing

  • Vietnam continues to be an important link in the global supply chain
  • Hanoi moves to attract more investment in Industrial parks, Industrial and Export Processing Zones

  •  

    Steel prices rise 5 pct, nears historic peak

  • HCM City ports begin trial of automatic collection of infrastructure fees

  • Vietnam to reopen international tourism from March 15th 2022

  • Trade opportunities between Italian and Vietnamese companies

Bollettino economico 

january 2022

  • Opportunità di cooperazione economica tra Piemonte, Italia e ASEAN

  • Vietnam e Veneto rafforzano legami economici ed formativi

  • Le esportazioni di anacardi aumentano nel 2021 nonostante le sfide del COVID-19

  • I consumatori vietnamiti utilizzano la carta di credito senza interessi per i beni durevoli.

  • Virtual Vietnam Foodexpo 2021

  • Il Vietnam International Arbitration Centre si impegna a sostenere le imprese IDE

  • La carenza di manodopera e i costi elevati dei trasporti inducono le aziende di abbigliamento a rifiutare gli ordini

  • Il Vietnam istituisce un'associazione di agricoltura circolare

  • Opportunità commerciali tra aziende italiane e vietnamite

Bollettino economico 

November 2021

  • Apertura del Ufficio consolare onorario del Vietnam a Napoli

  • Il Vietnam lancia un programma per fornire supporto commerciale agli esportatori

  • Il Vietnam Industry 4.0 Summit 2021 è un evento annuale ospitato dal Comitato economico centrale 

  • Il Vietnam sarà il mercato dell'e-commerce in più rapida crescita nel Sud-Est Asiatico entro il 2026

  • Vietnam Foodexpo 2021

  • La capacità eolica offshore raggiungerà i 36 GW entro il 2045

  • Hanoi mira a sviluppare un'agricoltura intelligente

  • Nuove proposte di ricerca dei partner tra le aziende dei due Paesi.

Economic Bulletin 

October 2021

  • Italy donates an additional 2.02 million doses of COVID-19 vaccine to Vietnam.

  • The ASEAN renewable energy market attracts Italian companies.

  • Opportunities for Vietnamese wood and wood products for the Italian market.

  • Vietnam's electronics industry appeals to foreign investors.

  • The “Vietnam Rice” brand is now protected in 22 foreign countries.

  • Binh Thuan province increases dragon fruit exports.

  • Next economic seminar in Naples on the occasion. of the inauguration of the new Consulate of Vietnam in Naples.

  • New partner search proposals between the companies of the two countries.

Economic Bulletin 

SEPTEMBER 2021

  • Italy has donated nearly 800,000 more vaccine doses to Vietnam

  • ADB lowers Vietnam's economic growth to 3.8% in 2021

  • Vietnam participates for the first time in the Macfrut fruit & professional show (Italy)

  • Vietnamese agricultural products presented at the World Chilli Pepper Fair in Italy

  • Step by step realize a new normal, safely adapt to COVID-19

  • Vietnam has been in the top 10 countries for cross-border data transfers for the past decade.

  • E-commerce paves the way for Vietnamese goods to reach the global market

  • IDE in Viet Nam, resilience in difficult times

  • The export of computers and electronic products is expected to reach $ 50 billion in 2021

  • New partner search proposals between the companies of the two countries.

Economic Bulletin 

AUGUST 2021

  • Italy donates 801,600 doses of vaccine against COVID-19 to Việt Nam

  • The trade deficit continues to grow significantly, reaching $ 3.88 billion

  • HCMC's FDI may have suffered as a result of prolonged social distancing.

  • The publishing house sells groceries during the pandemic

  • Vietnam aims to become one of the main fish processing centers in the world

  • Bến Tre aims to invest in fishing ports and storm shelters

  • Nearly $ 44 million to refurbish the Nam Nghi Sơn and Quy Nhon sea canals

  • Textiles and apparel face turmoil for the second half of the year

  • The next fairs and events in 2021;

  • New partner search proposals between the companies of the two countries.

Economic Bulletin 

July 2021

  • Focus: institutional visit of the Vietnam Ambassador to Sicily;

  • Promoting economic cooperation between Sicilia and Vietnam: the ambassador visited "Green Expo Catania 2030";

  • Vietnam named among world’s top 20 host economies for FDI for first time;

  • For the first time, Vietnam was named among the top 20 FDI recipient economies in the world;

  • Fruit, vegetable export up 17.4% in the first half of this year;

  • Vietnam-Europe freight train launched;

  • The Vietnam E-commerce White book 2021 was recently released by the Vietnam ECommerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade;

  • The Ministry of Finance (MoF) has proposed a 5-10% tax rate cut for imported steel products so as for the market prices to cool down;

  • Current situation of Covid19 vaccines in Vietnam;

  • Trade fairs and events for companies; 

  • Trade opportunities.

economic bulletin

June 2021

  • Vietnam - Italy Vice-Ministers' political consultation;

  • Economic cooperation between Vietnam and Italy in the first 5 months of 2021;

  • Vietnam gets set to tax e-commerce revenue;

  • Amazon, Alibaba race to recruit Vietnamese merchants;

  • Inauguration of Trung Nam Wind Power Plant;

  • Vietnam's footwear industry sees robust growth despite COVID-19 pandemic;

  • Industrial, trade growth trend sustained despite COVID-19;

  • Covid-19 and Vaccines - Pfizer;

  • Home-grown Nano Covax vaccine enters third-phase trial;

  • EU signs green pass regulation, starting July 1st 2021; 

  • Trade opportunities.

economic bulletin

MAy 2021

  • Exports to the EU reach nearly $5 billion thanks to EVFTA;

  • Vietnam’s economic growth to bounce back strongly in 2021-2022;

  • Confcommercio: GDP returns positive in May, estimate + 3.7%;

  • Tourism-related firms face bankruptcy due to pandemic;

  • Hai Duong promotes consumption of Thanh Ha lychee, specialty agricultural products;

  • Ho Chi Minh City suspends high-speed boat services to Vung Tau, Can Gio;

  • Manufacturing industries face difficulties due to shortage of chips;

  • Hoa Phat Group to start construction on container plant in June in Ba Ria Vung Tau

  • Trade opportunities.

Economic bulletin

april 2021

  • CThe handover conference in Ministry of Industry and Trade of Vietnam;

  • Types of business entities;

  • Forms of business: Limited-liability company, Joint-stock company, Partnership, Branch, Business cooperation contract (BCC), Representative office, Public and private partnership contract (PPP)

  • Trade relation between Vietnam and Italy in the first 3 months of 2021; 

  • Italian president confers Order of the Star on Hanoi professor;

  • Eni strengthens its presence in Vietnam through the acquisition of Block 115;

  • Macfrut 2021;

  • Vietnam National Brand Week launched in HCM City;

  • The Ministry of Industry and Trade of Vietnam has just issued a plan to organize the National Promotion Month 2021 - Vietnam Grand Sale 2021.

economic bulletin

MARch 2021

  • Taxation in Vietnam (Part 2): Foreign contractor tax (FCT), Double taxation agreements, Value added tax (VAT), Special sales tax (SST), Import and export duty, Personal Income Tax (PIT);
  • Vietnam's trade turnover;
  • Vietnam's economic growth may reach 6.5% in 2021 according to the IMF; 
  • Vietnam Furniture Matching Week- opportunities for Vietnam's wood industry;
  • The Italian government has provided a range of incentives for buyers of hybrid cars, electric cars and methane;
  • Hà Nội to organise five Consumer goods weeks;
  • New appliance brands enter VN; 
  • Trade opportunities.

Economic Bulletin

FEBruary 2021

  • Taxation in Vietnam (Part 1): Corporate Income Tax (IRES)

  • Trade exchanges between Italy and Vietnam in 2020: import and export value, main exported and imported products of Vietnam

  • News regarding agriculture and technology.

  • Vietnam Covid19 Vaccination Update: As of February 24, 2021, 117,600 doses of AstraZeneca's Covid-19 vaccine arrived at Vietnam's Tan Son Nhat Airport.

Economic Bulletin

january 2021

  • News regarding the economic scenario of Vietnam 2021.

  • EVFTA News: Vietnam's export turnover to the EU market using the certificate of origin EUR.1 is quite high, accounting for more than 14% of the total export turnover.

  • Agriculture: Vietnam's agriculture, forestry and fisheries sector is growing in 2021 towards a goal of more than $ 42 billion.

  • New railway project connecting north and south of Vietnam: The tender for the pre-feasibility assessment of the high-speed railway project on the North-South axis will be implemented in the form of an international open tender

Economic Bulletin

December 2020

  • VI edition of the Vietnam - Italy Mixed Economic Commission - the important event held annually expressing the determination of the two parties to strengthen the promotion of bilateral cooperation in the field of economy, trade and the implementation of the Strategic Partnership between Vietnam and Italy.

  • According to the World Bank, the Vietnamese economy will gain 6.8% growth in 2021

  • The first positive results of the free trade agreement between Vietnam and the European Union (EVFTA) after 4 months of implementation.

  • Vietnam Foodexpo 2020

  • Logistics Sector Conference: "Video Interactive Business Matching Forum: Vietnam - EU Logistics 2020"

Economic Bulletin

November 2020

  • The EVFTA agreement concerning the fisheries sector. Tax reduction and elimination plan for Vietnam's main seafood products  

  • Support for businesses to attract sustainable investments. Main industrial zones and economic zones in Vietnam

  • Webinar for economic cooperation between Vietnam and Italy held on November 26, 2020.

  • Intensive training seminar on commitments in the Comprehensive and Progessive Trans-pacific partnership (CPTPP) and the Free Trade Agreement between Vietnam and the European Union (EVFTA)

Economic Bulletin

October 2020

  • Sales of Vietnamese prawns exported to the EU recorded double-digit growth after the entry of the EVFTA agreement

  • Vietnam's cashew export market in early 2020

  • Intensive training seminar on commitments in the trade agreement, the so-called CPTPP (Comprehensive and Progressive Trans-Pacific Partnership) and in the free trade agreement between Vietnam and the European Union (EVFTA)

  • Vietnam International Food Industry Exhibition (Vietnam Foodexpo) 2020

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Economic Bulletin

September 2020

  • Economic relations between Vietnam - Italy in the first 8 months of 2020: The turnover of imports and exports between Vietnam and Italy in the first eight months of 2020 reached 3.014 billion dollars, down by 16.5% compared to the same period of 2019.

  • A scenario in complete safety necessary for the relaunch of tourism

  • Ups and downs in the pharmaceutical sector

  • Update of legal regulatory documents on Vietnam preferential export tariffs and special import preferential tariffs thanks to the EVFTA agreement in the period 2020-2022  

  • Vietnam International Trade Conference in Agricultural Products and Foods in 2020

  • International online trade conference on food ingredients, natural pharmaceuticals in Vietnam

Economic Bulletin

August 2020

  • EVFTA - opportunity for all parties.  The free trade agreement between Vietnam and the European Union (EVFTA) officially entered into force on 1 August 2020. On the part of the EU, it has committed to abolish import duties on 85.6% of tariff lines, equivalent to 70.3% of Vietnam's exports to the EU. Subsequently, after 7 years, the EU will eliminate import duties on 99.2% of tariff lines, equivalent to 99.7% of Vietnam's exports. For the remaining 0.3% of Vietnam's exports, the EU offers a tariff quota (TRQ) with a zero import duty. Therefore, it can be said that 100% of Vietnam's exports to the EU will be eliminated from import taxes after a certain period.
  • Macfrut 2020: Macfrut, the first virtual fair of the fruit and vegetable sector, will take place from 8 to 10 September 2020, an online event dedicated to professionals in the sector.
  • The 20th International Agricultural Fair-AGROVIET 2020
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