As many as 670,000 employees lost their jobs in the first four months of 2020 due to the COVID-19 crisis, according to the Department of Employment under the Ministry of Labour, Invalids and Social Affairs.
Vietnam will have solutions to restrict the effects of any future global economic downturn, according to General Statistics Office’s director Nguyen Bich Lam.
Efforts to decrease the trade deficit with China is an important policy and one of the Ministry of Industry and Trade (MoIT)’s chief concerns, in addition to increasing exports to this market, says Industry and Trade Deputy Minister Do Thang Hai.
Reducing trade deficit with China to progress to trade balance from the market shape one of the major policies and key activities of the Ministry of Industry and Trade (MoIT), an official has said.
State-owned Vietnam Television (VTV) may divest from K+ paid TV following continuous losses at the satellite TV service.
Under an agreement with local property developer Phuc Khang earlier this month, Singapore-based investor Genesis Global Capital will bring in the contracted money over six years.
(VOV) - While shrimp exports to most markets saw a decline, exports to the UK have increased significantly in recent months.
(VOV) -Russia’s economic downturn and the ruble’s dramatic slide have coincided with a significant drop in the number of Russian tourists heading for Binh Thuan south central province.
(VOV) - Despite the global economic downturn over recent years, Vietnam’s food and beverage sector has maintained an above average annual growth rate – the highest level in Asia, most notably in Southeast Asia.
(VOV) - Vietnam’s tra fish exports to the US dipped 16.2% to US$273.3 million in the ten months leading up to November compared to last year’s corresponding period, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
(VOV) -A US$3.2 billion oil refinery project of the UK Technostar Management Ltd in Vung Ro is set to get off the ground in central Phu Yen province on September 9.
(VOV) -Vietnam spares no effort to complete its social welfare system to provide timely assistance to people, especially those vulnerable to market economy implications.
President Truong Tan Sang has praised Vietnam National Oil and Gas Group (PVN) efforts in fuelling national economy and contributing to fulfilling national defence and external relations tasks.
Beer makers in Vietnam produced 2.67 billion litres between January-November, up 7.8% over the corresponding period last year, according to the Vietnam Beer, Alcohol and Beverage Association (VBA).
(VOV) -The Ministry of Planning and Investment (MPI) and Vietnam Invest Network SJC have held the 2013 “Vietnam Industrial Zone Investment Promotion” exhibition (VietIZ 2013) in Hanoi on November 28.
(VOV) - Despite the impact of global economic downturn, Vietnam achieved its high growth of 5.8% in 2011 and 5.03% in 2012.
Ho Chi Minh City and the Republic of Korea (RoK) have agreed to enhance cooperation in economics, cultural exchanges and the exchange of delegations to work in fields of mutual concern.
The Government has taken measures to ease difficulties facing businesses during the prolonged economic downturn.
(VOV) - Leading domestic and foreign economists concur that Vietnam will enjoy stronger economic growth in 2013, provided it controls inflation and accelerates the restructuring of both the banking sector and State-owned enterprises.