Many Vietnamese companies in the oil and gas field might post positive results in the first quarter of 2021 thanks to the strong rally of crude oil in the international market.

The State Bank of Vietnam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for COVID-19 affected borrowers unchanged to help customers access bank loans.

Though the prices of Vietnamese 5% broken white rice fell US$20 per tonne in a week, most local rice exporters said the decline would make sales easier.

The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).

Many Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic.

Businesses in the Ho Chi Minh City price stabilisation programme have been encouraged to become more innovative in the face of tougher competition, experts have said.

Phenikaa Group, a multi-sectoral corporation, has introduced its prototype of a level-4 autonomous vehicle, Vietnam’s first smart self-driving vehicle.

State-owned enterprises (SOEs) need to enhance their autonomy and responsibility under market mechanisms to contribute to the growth of the economy, according to a report by the Central Institute for Economic Management (CIEM).

Most cooperatives have been harmed by the COVID-19 pandemic while only a small proportion of them have benefited from support policies, heard a forum held by the Vietnam Cooperative Alliance (VCA) and the United Nations Development Programme (UNDP) on March 24.

More and more new appliance brands from many countries have been entering Vietnam over the last few years.