VOV.VN - The Central Highland province Dak Nong on August 8 declared a state of emergency to support recovery efforts for public works heavily damaged or badly impacted by the recent torrential rain and flooding.

The Vietnamese condotel market will not recover at least until 2025 due to excess inventory, according to insiders.

The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.

Vietnam’s economy started the second half of this year with positive signals which are expected to pave the way for a better recovery in the coming time.

Prime Minister Pham Minh Chinh highlighted joint efforts by ministries, agencies, businesses and people in handling pending issues related to the real estate market while chairing an online conference on August 3.

The Vietnam Grand Sale 2023 will take place across the country from December 4, 2023 to January 1, 2024.

Experts, management officials and business representatives gathered at a conference in Hanoi on July 26 to discuss measures to promote startups following the circular economic model to benefit the society and businesses in a sustainable manner.

US Secretary of the Treasury Janet Yellen visited Vietnam from July 18 to 20 during which the two countries discussed measures for further promoting economic ties and post-pandemic recovery.

VOV.VN - Vietnam’s commodity exports are expected to show a full recovery moving into the second half of the year thanks to the warming up of the national economy coupled with support measures for manufacturing industries.

Vietnam’s export turnover is estimated to reach US$29.3 billion in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities, according to the General Statistics Office.