Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
Though local F&B businesses don't want social distancing to return in August, the experiences they had in April are helping them prepare.
David Jarkulisch, an economic diplomat from the Czech Republic, has spoke highly of positive changes in Vietnam’s revised Law on Investment which aims to attract and bolster efficiency of foreign investment.
The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
Prime Minister Nguyen Xuan Phuc has issued a directive on the building of plans for socio-economic development and State budget estimate for 2021, with a target of about 7% of economic growth for the year.
VOV.VN - A batch of 1,000 live pigs imported from Thailand has now arrived at Bo Y border gate in Kon Tum province following a period of disruption caused by a scarce supply source in the neighbouring country.
Industrial production index inched up 2.6 percent in the first seven months of 2020, the lowest level recorded in many years due to COVID-19, according to the General Statistics Office (GSO).
Prime Minister Nguyen Xuan Phuc on August 2 again called for resolve to perform the dual tasks of containing COVID-19 and preventing negative economic growth, in the context of the pandemic returning in the country with complexity.
VOV.VN - July alone saw Vietnam enjoy a trade surplus of estimated US$1 billion, bringing seven-month trade surplus to US$6.5 billion, much higher last year’s figure of US$1.98 billion recorded during the same period, according to the Import-Export Department under the Ministry of Industry and Trade.
A special flight from Germany has brought 226 diplomats and businesspeople from 15 European countries, and all were quarantined on arrival.
Major home appliance maker LG Electronics Inc. is considering building a new research and development (R&D) centre in Vietnam, while simultaneously expanding its existing facility in Haiphong.
Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE.
VOV.VN - Over 20,000 export enterprises based in Ho Chi Minh City are ready to take advantage of the opportunities to enjoy quick and effective access to the EU market, the third largest export market for the country’s southern economic hub.
VOV.VN - The second half of the year is poised to witness textile and apparel exports continue to record falls of around 14% to 18% in comparison to the same period last year, with the year’s total export turnover reaching approximately US$32.75 billion, down roughly 16% on-year, according the Vietnam National Textile and Garment Group (Vinatex).
The European Union – Vietnam Free Trade Agreement (EVFTA) not only promotes trade and investment growth between Vietnam and the EU but also creates a driving force to boost cooperation in improving growth quality, towards sustainable development, experts said.
VOV.VN -With the European-Vietnam Free Trade Agreement (EVFTA) set to come into force on August 1, many of the country's key commodities such as seafood and wood products are anticipated to enjoy numerous incentives from the trade pact, according to insiders.
VOV.VN - With Vietnam seeing total import-export turnover with ASEAN in 2019 reach US$57.3 billion, representing a year- on- year rise of 1.1%, the group has developed into the country’s fourth largest export region, only behind the United States, the EU, and China.
The Government's social protection support policy has struggled to prevent vulnerable people from falling into poverty and to protect those already poor from descending deeper into poverty due to COVID-19 pandemic, a survey has found.
Experts from the World Bank said Vietnam was a rising star amid the COVID-19 pandemic, ranking the country 5th fastest growing economy.
The Vietnam Chamber of Commerce and Industry (VCCI) chapter in the Mekong Delta City of Can Tho (VCCI Can Tho) on July 31 launched a portal which will provide information and advice related to the European Union – Vietnam Free Trade Agreement (EVFTA) to businesses in the Mekong Delta region.