Large retail firms are to gain even more market share this year as smaller competitors have been forced to exit the game after prolonged lockdowns and mobility restrictions during recent years, said industry experts.

All types of new cars in Vietnam must meet Euro 5 emission standards from January 1, 2022 under a decision issued by the Prime Minister, Vietnam Register said.

Foreign direct investment (FDI) registered in Vietnam reached US$26.46 billion as of November 20, up 0.1% year on year, according to the Ministry of Planning and Investment.

Business activities of enterprises have begun to recover after one month of implementation of Government Resolution on the adoption of provisional guidelines on safe, flexible living with COVID-19, with the number of new enterprises registered in November up by 44.6% compared to the previous month.

Vietnam’s overseas investment totalled US$646.03 million in the first ten months of 2021, up 35.1% year-on-year, data from the Ministry of Planning and Investment showed.

Vietnam remains a safe and attractive destination for foreign investors despite complicated developments of the COVID-19 pandemic.

VOV.VN - The capital licensed 57 new FDI projects with a total registered capital of US$34 million throughout October, according to figures released by the Hanoi Statistics Office.

VOV.VN - Business registration in October enjoyed a vast improvement over the previous month with the number of newly-established enterprises up by 111.2% compared to the figure from September, according to the General Statistics Office.

VOV.VN - State President Nguyen Xuan Phuc on October 14 asked newly accredited Vietnamese ambassadors abroad to promote the country’s ongoing vaccine diplomacy to get more resources for the COVID-19 fight and economic recovery.

Business and production have been severely stricken by prolonged lockdowns and social distancing orders triggered by the worst-ever COVID-19 resurgence in the third quarter of 2021, according to the General Statistics Office (GSO).