The Vietnamese market with a population of nearly 100 million is attracting both foreign and local food suppliers, with many local exporters turning to the domestic market to overcome this difficult COVID-19 period.
The development of seaports is to be prioritised over the next three decades to meet increasing demand in shipping services, according to Nguyen Xuan Sang, director of Vietnam Maritime Administration under the Ministry of Transport.
Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
Vietnam's aviation market is hoped to recover in 2023-24.
Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said.
According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VND2.3 quadrillion (US$100 billion), or 24.6% of the banking sector’s total loans.
Vietnamese movie star Ngo Thanh Van, known as VanVeronica, will be seen in part two of a US superhero film starring Charlize Theron, Kiki Layne and Matthias Schoenaerts.
The Vietnam Competition and Consumer Protection Authority (VCCA) has issued a warning to investors about the perils of investing in illegal multi-level marketing businesses run by "AI Robots".
Local telecommunications network providers have been approved to pilot several Mobile Money services next month after more than two years of waiting.
Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).