Ho Chi Minh City’s foreign trade totalled more than US$60.48 billion in the first eight months of this year, down 0.03% against the same period of 2019.
The Finance Ministry has asked for synchronous and drastic measures from the entire political system, ministries, agencies, and localities to step up the disbursement of public investment capital.
HCM City’s consumer price index (CPI) rose 0.06% in August against July, according to the municipal Statistics Office.
Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20% compared to the low base this year.
Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001 and growth averaging 7.26% from 2001 to 2010.
Vietjet Air has teamed up with the five-star hospitality group Vinpearl offering half-priced fares and hotel stays in order to celebrate the country’s 75th National Day.
VOV.VN - The industrial production index has risen only 2.2% during the first eight months of the year due to the COVID-19 pandemic, recording the lowest growth over the past eight years, according to figures recently released by the General Statistics Office (GSO).
VOV.VN - The Government should provide additional assistance in reducing costs and simplifying administrative procedures to help local firms get more involved in the global value chain and therefore make the most of the EU-Vietnam Free Trade Agreement (EVFTA), insiders believe.
The second wave of COVID-19 that began at the end of July, the peak summer travel period, has disillusioned airlines that had earlier begin to hope for a recovery.
Public investment in August and the first eight months of this year increased 45.4% and 30.4% year-on-year, respectively, according to the General Statistics Office (GSO).
VOV.VN - There remains a growing demand for canned and processed seafood products in both the United States and EU markets, despite the global COVID-19 pandemic, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Prime Minister General Prayut Chan-o-cha has signed an order on the establishment of the "Center for Economic Situation Administration,” which will handle economic and social rehabilitation following the spread of the COVID-19 pandemic.
The Planning and Investment Ministry has suggested that the PM delays his approval to new carrier KiteAir’s investment proposal over COVID-19 impacts.
There were no mergers and acquisitions in the hospitality industry in the first half of the year as uncertainty caused by the COVID-19 outbreak gripped it.
Despite economic stagnation and border closures, due to COVID-19, Thailand remains ASEAN’s largest exporter of fresh refrigerated vegetables, while being 14th in the world.
Secretary-General of the Thailand Board of Investment (BOI) Duangjai Asawachintachit has urged investors to focus on enhancing productivity and efficiency through automation and human resource training by taking advantage of the key promotion measures offered to them, in order to prepare for the economic recovery expected in 2021.
The Association of Southeast Asian Nations (ASEAN) has agreed to prioritise its signining of the Regional Comprehensive Economic Partnership (RCEP) with six free trade partners by the end of this year.
Since the lifting of the regulation requiring mask manufacturers to supply their product to only the government, private surgical mask makers are now allowed to retail their products to general consumers, however at a price no higher than US$0.08 each.
Vietnam's import-export turnover is estimated at US$336.32 billion in the first eight months, an annual reduction of 0.3%, according to the General Statistics Office.
VOV.VN - The first seven month of the year saw Vietnam's export of transport vehicles and spare parts to Japan reach US$1.2 billion, accounting for 28% of the nation's overall export turnover of this commodity group, according to the General Department of Customs.