Việt Nam News

The country’s GDP this year is expected to reach 3.5-4 per cent if the COVID-19 pandemic is well controlled in September and becomes to the new normal from the fourth quarter, said Minister of Planning and Investment Nguyễn Chí Dũng.

The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Việt Nam’s tra and basa fish (pangasius) exported to the US.

The office market in Hà Nội is experiencing many changes amid the COVID-19 pandemic in terms of rental prices, occupational profile and new demands for office spaces, according to Savills Vietnam.

But foreign investors continued to net sell on both two main exchanges, but the value was much smaller.

The Hải Phòng Economic Zone Authority (HEZA) on Tuesday launched its electronic management and operation system (e-HEZA).

Cái Lân International Container Terminal (CICT) in the northern province of Quảng Ninh on September 14 welcomed the Marshall Islands-flagged Synergy Busan with a loading capacity of over 50,000 tonnes, the first container ship of Maersk Lines to dock in the port.

A Vietnamese delegation led by Minister of Industry and Trade Nguyễn Hồng Diên attended economic ministerial-level consultation meetings between ASEAN and its partners – the US, Hong Kong (China), India, the European Union and Russia – held via video conference in the framework of the 53rd ASEAN Economic Ministers’ Meeting on September 14.

Masan MEATLife Corporation (MML) and De Heus Vietnam on September 14 announced the signing of a memorandum of understanding to raise the productivity of the animal protein value chain.

A week after the State Bank of Vietnam issued Circular 14 on debt rescheduling to alleviate the difficulties faced by businesses due to the COVID-19 pandemic, many individual and corporate borrowers said they are still waiting to hear from banks.

Aviation stocks have enjoyed strong gains following the news that social distancing orders will be relaxed after September 15 and business will gradually resume after prolonged restriction measures.

Consumption in Việt Nam could grow by US$130 billion over the next decade as Asia continues to be the world’s consumption growth engine, a new report from McKinsey has revealed.

Management of electrical and electronic waste is a challenging issue in Việt Nam. However, the situation is expected to improve as proposed new rules which impose responsibility for product disposal on producers will promote recycling businesses to form a sustainable circular ecosystem.

Borrowers will be the beneficiary of a newly-issued State Bank of Vietnam (SBV) circular on extending debt rescheduling as it helps them to keep cash flows stable, experts said.

Shares settled down on Tuesday as strong selling pressure weighed the market. 

The Civil Aviation Authority of Vietnam (CAAV) has proposed to the Ministry of Transport a plan to re-open domestic air routes with a pilot period of four weeks.

Demand from the European Union and North American markets recovered and rose strongly, boosting the export volume of galvanised steel and offsetting weak domestic consumption in the first half of this year, Việt Dragon Securities Corporation (VDSC) said in a report. 

VPBank has successfully tested the entire first letter of credit (LC) transaction process on the blockchain platform, making it one of the few banks in Việt Nam applying this technology.

Despite the COVID-19 pandemic, Bình Dương’s exports in the first eight months of the year increased by 37.3 per cent year-on-year to US$23 billion, according to its People’s Committee.