Only over VND220.7 trillion (US$9.7 billion) worth of public investment capital was disbursed by the end of August, or 40.6% of the plan assigned by the Prime Minister.
Steel enterprises have boosted exports while facing difficulties in domestic consumption due to the COVID-19 outbreak, according to the Vietnam Steel Association (VSA).
VOV.VN - Ho Chi Minh City, the largest coronavirus hotspot in Vietnam, will develop scenarios of a ‘new normal’ status following the successful COVID-19 prevention model in its districts No.7 and Cu Chi, according to a senior local official.
VOV.VN - The municipal administration of Hanoi capital on September 6 decided to extend social distancing in a number of selected districts for another two weeks till September 21 as the COVID-19 outbreak there remains complicated.
VOV.VN - The Health Ministry on September 2 reported the detection of a further 13,197 positive COVID cases, with Ho Chi Minh City, the nation’s biggest coronavirus epicenter, recording the highest number of local infections at nearly 6,000.
Exports of electronic products and components may reach US$50 billion in value in 2021, a year-on-year rise of 13.5%, according to the Import-Export Department under the Ministry of Industry and Trade (MoIT).
VOV.VN - Hanoi may be forced to extend the social distancing order for another time unless many clusters of infections are fully brought under control.
VOV.VN - Vietnam has become Brazil’s leading trade partner in ASEAN, with two-way trade exceeding US$3 billion in July, an annual rise of 28%, according to the secretary for Bilateral Negotiations in Asia, the Pacific, and Russia at the Ministry of Foreign Affairs of Brazil.
Vietnam is currently the 10th largest trading partner of the United States and an important link in this country's supply chain.
An escalation in COVID-19 cases and deaths in July-August will undermine Vietnam’s previously strong recovery from the pandemic shock and may temporarily set back the positive rating momentum, said Fitch Ratings.