Việt Nam News

Many local seafood export enterprises forecast that the US and European markets will have high demand for importing shrimp at year-end.

Domestic car manufacturers sold just 8, 884 cars during August, a 32 per cent fall from the previous month marking the fifth consecutive month car sales plummeted since April this year, said a report by the Vietnam Automobile Manufacturers' Association (VAMA), an organisation consisted of 17 automobile manufacturers in Việt Nam. 

The Government has issued a resolution to create a sandbox for financial technology (Fintech) in the country’s banking sector.

As a hub of garment and textile production and agriculture in Việt Nam, Cần Thơ City wants to ease social distancing measures to help businesses.

Vietnam Railways Corporation (VNR) reported its revenue fell to an all-time low in August as the COVID-19 social distancing measures dragged on its passenger transport.

Restaurants and eateries in HCM City have been allowed to reopen and sell takeout food, but some shop owners are struggling to get their businesses back on track.

The People’s Committee of the central province of Thừa Thiên-Huế has signed a memorandum of understanding (MoU) on cooperation in smart city development with the Korea Land & Housing Corp.

Cold storage facilities is a highly profitable segment in the logistics industry, but exploiting its potential is not easy for domestic or foreign investors.

Over the past seven months, Việt Nam earned US$906.6 million from exporting tra fish, up 14.6 per cent over the same period of last year.  Mainland China, Hong Kong and the US were the three largest importers of Vietnamese basa with respective turnovers of $238 million and $202 million. 

Việt Nam's strategy regarding the development of science, technology and innovation should focus on the diffusion and adoption of new technologies in companies, not just research and invention, to bring about significant productivity and economic gains, said Vietnam: Science, Technology and Innovation Report 2020 released by the Ministry of Science and Technology and the World Bank. 

Market analysts expect the coming easing of social distancing measures will help soothe investors' sentiment and the market will continue to have a few more weeks of accumulation before the third-quarter business results season.

Production is continuing at six industrial zones and hi-tech parks in the central city, while nearly 80 per cent of the total labour force has been maintained since the city began lockdown on August 16.

The banking system and credit institutions are the lifeblood of the nation's economy, with digital information in banking and finance set to become one of the key factors in the digital economy, according to experts.

Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên recently held phone talks with US Secretary of Commerce Gina Raimondo to discuss bilateral economic and trade issues.

A project to improve the quality of tropical fruits grown in Việt Nam sponsored by the Dutch government has kicked off, offering chances for sustainable exports of dragon fruit to the challenging market of Europe.

National Assembly Chairman Vương Đình Huệ and Speaker of the Finnish Parliament Anu Vehvilainen last week witnessed the signing of a co-operation agreement between the Việt Nam Posts and Telecommunications Group (VNPT) and Nokia Corporation on the upgrade and development of VNPT's digital infrastructure.

The northern coastal province of Quảng Ninh has proposed a project on building the Vạn Ninh general port at total investment of VNĐ2.24 trillion (US$99 million), which, if approved, is expected to start construction in the fourth quarter of 2021, according to the Việt Nam Maritime Administration

Việt Nam wants to learn from Finland’s experience to develop fast and sustainably, National Assembly Chairman Vương Đình Huệ told the Việt Nam – Finland Business Roundtable in Helsinki on September 11.