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Tra fish exporters struggle with production, exports
Tra (pangasius) fish farming has been hit by a double whammy of COVID-19 and prolonged saltwater intrusion in rivers in the Mekong Delta region, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Seaports to foster south-central region economic development
The construction of a series of seaports in the south-central region is expected to drive its maritime economic development, according to local government leaders.
Vietnam likely to gain export target for timber and wooden products
Experts believe Vietnam this year will reach its export target for timber and wooden products at US$12 billion, despite the impact of the COVID-19 pandemic.
Vietnam’s energy sector a magnet for foreign investors
National electricity demand is expected to increase by 8.5% a year until 2025 and 7% until 2030, making Vietnam an attractive market for foreign energy investors.
SBV tells banking industry to develop an inclusive finance system
The State Bank of Vietnam (SBV) urged the banking industry to build an inclusive finance system that serves all members of society in Vietnam in Hanoi on September 10.
HCM City to speed up disbursement of public funds
Ho Chi Minh City will continue to speed up the disbursement of public funds and seek to increase budget revenue for the remaining months of the year, the chairman of the municipal People’s Committee has said.
Vietnam's current account surplus forecast at 3.7%
Vietnam’s current account surplus could narrow to 3.7% in 2020 from 4.9% last year due to the impacts of the COVID-19 pandemic, according to Fitch Solutions.
Vietnam imports 53,000 CBU cars in eight months
Vietnam spent about US$1.2 billion to import 53,000 completely built unit (CBU) cars in the first eight months of this year.
HCM City’s retail firms adapt to COVID-19, go online
Retailers in Ho Chi Minh City have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.
Vietnam’s forex reserve sets new record
Vietnam’s foreign exchange reserve has hit a new record high of US$92 billion, a significant expansion from US$84 billion which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.