Việt Nam News

Shares started new week on a negative note with depleting liquidity, in line with the regional stock markets as headlines spoke of mounting novel coronavirus death toll.

The Prime Minister has recently issued a decision to establish a national steering committee to implement Việt Nam's marine economic development strategy by 2030, with a vision to 2045.

Authorities in China’s Guangxi Province have decided to extend the closure of border markets and continue to suspend the trading of goods by individuals until the end of February, according to the Consulate General of Việt Nam in Guangxi Province, China.

The novel coronavirus has caused problems to most of the roadway logistics firms, however at sea it is having a mixed affect.

Việt Nam’s garment-textile sector is expected to make breakthroughs in 2020 thanks to the Fourth Industrial Revolution.

Minister of Finance Đinh Tiến Dũng has announced a tax exemption on the import of five commodity groups needed to fight the novel coronavirus in Việt Nam.

Property industry insiders said the State Bank of Việt Nam’s decision to tighten credit would mean pain in the short term for developers but help the sector develop sustainably over the long term.

Last year, Hà Nội led the nation in terms of foreign direct investment (FDI) attraction, luring $8.45 billion.

To prevent the spread of coronavirus in Viêt Nam, customers are encouraged to adopt cashless payment methods.

In response to the State Bank of Việt Nam’s appeal, a number of credit institutions have announced plans to support businesses affected by the novel coronavirus epidemic.

Local authorities and businesses are making efforts to promote domestic consumption of agricultural products, which are piling up due to the impact of novel coronavirus outbreaks in China.

Access to resources was vital for the development of of small- and medium-sized enterprises (SMEs), according to the Ministry of Planning and Investment.

The factory is expected to help expand production as well as satisfy domestic demand and export attracting supporting project in the Vũng Áng EZ and creating more jobs for local residents and paying more into the province’s state budget.