Việt Nam News

Many HCM City businesses, even traders in traditional markets who are not usually thought to be tech-savvy, have been focusing on selling online and networking to survive, or even thriving, amidst the ongoing COVID-19 pandemic.

The Governor of the State Bank of Việt Nam (SBV) Nguyễn Thị Hồng has directed commercial banks in the Mekong Delta region to support rice producers and traders to overcome difficulties amid the COVID-19 pandemic.

HÀ  NỘI Local shares corrected on Thursday with the large-caps experiencing strong volatility but cash flow pouring into industrial real estate stocks still narrowed the market’s decline.

Despite a new outbreak of COVID-19 in Việt Nam, the industrial property sector saw positive signs with new industrial zones established and key industrial projects beginning operations, according to Savills Vietnam.

Many businesses in HCM City and southern provinces producing essential goods, including medical masks and personal protective equipment, face difficulty in sustaining their operations due to a lack of workers and transportation problems due to social distancing.

The government is to roll out a VND118 trillion (US$5.2 billion) COVID-19 relief package by the end of the year, said deputy minister of finance Nguyễn Đức Chi during a government meeting yesterday. 

Vietnamese Ambassador to Japan Vũ Hồng Nam has paid a working visit to Niigata to seek measures to foster economic partnership between the Japanese prefecture and Vietnamese localities.

The Canada Border Service Agency (CBSA) has made the final determination on its investigation into the dumping and subsidising of certain upholstered domestic seating from China and Việt Nam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam (TRAV).

The Việt Nam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in the Netherlands on Tuesday organised a virtual consultation on the export of agro-aquatic products to the European market.

The liquidity of the banking system has risen recently, helping cool interbank interest rates.

The global Halal market had a huge potential and is growing fast with promising prospects due to the Muslim population which was growing globally from Southeast Asia, South Asia to the Middle East and North Africa, Hiếu said. 

Oil prices have continuously increased since the beginning of the year on the production cut agreement of OPEC+ and the global recovery in fuel demand. This has been reflected in the market price of oil and gas stocks, however not all businesses benefited.

Outbreaks of COVID-19, especially in the first half of 2021, are negatively affecting the repayment of debt. This increases the pressure of bad debt on the banking system. Nguyễn Quốc Hùng, general secretary of the Việt Nam Banking Association, spoke to Vietnam News Agency about this issue.

Amid soaring fertiliser prices compared to early this year, the Ministry of Agriculture and Rural Development proposed the Ministry of Industry and Trade to plan a comprehensive inspection on fertiliser production, business, import and export activities in southern provinces.

The Ministry of Industry and Trade has called on marine transport and logistics businesses to cut fees for container storage and warehousing for companies that have reduced operations due to the COVID-19 pandemic.

Canned pure fresh coconut water Cocoxim of Bến Tre Import-Export Joint Stock Company (Betrimex) has become popular among consumers in Belgium for several years.

Shares tumbled on Wednesday after a two-day increase but liquidity soared to the highest level in the past month, demonstrating the re-ignited interest of investors in the stock market since its bottom in July.