Việt Nam News

The southern province of Đồng Nai plans to build industrial parks and expand existing ones to be ready for the shift in foreign direct investment flows from China to Việt Nam because of the Covid-19 pandemic, which has hit that country hard.

The investigation was initiated following an application filed in May and lodged by the United Steelworkers (USW) representing workers at US tyre plants.

The ministry’s statistics showed that as of Wednesday, VNĐ7.42 trillion (US$320 million) in public investment borrowed from abroad had been disbursed, equivalent to 13.1 per cent of the plan for the full year.

Việt Nam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.

Việt Nam needs to revise tax and land policies for foreign direct investment (FDI) companies to ensure a level playing field for businesses and to ensure companies pay correct taxes, says VEPR

The decline of the VN30 futures and the gap between the VN30-Index and its VN30 futures indicated that investors still felt negative about the market’s short-term development

The fair features 40 Vietnamese businesses showcasing their products including foodstuff and beverages, fresh fruits, home appliances, garments and jewellery and gems.

More food products have been bought online since the COVID-19 outbreak, online sellers have said.

Emirates welcomes the latest air travel protocols that will facilitate international travel for UAE citizens, residents and tourists as Dubai to open to international visitors from 7 July, while putting in place careful measures to ensure health and safety of travellers and communities.

The coronavirus disease (COVID-19) pandemic continues to drag on local currency bond markets in emerging East Asia, including Việt Nam, as investment sentiment globally and in the region wane and containment measures limit economic activity.

The national-flagged carrier Vietnam Airlines has launched four new domestic air routes linking the Mekong City of Cần Thơ with other cities of Hải Phòng, Vinh (in Nghệ An Province), Buôn Ma Thuột (in the Central Highlands province of Đắk Lắk), and Đà Lạt (in the Central Highlands province of Lâm Đồng).

Minister of Industry and Trade Trần Tuấn Anh has signed to issue the Circular 11/2020/TT-BCT about rules of origin in the European Union – Việt Nam Free Trade Agreement (EVFTA).

Nội Bài International Airport has reported full recovery of domestic flights compared to before the COVID-19 pandemic as travel demand is increasing following stimulus efforts by the Government and airlines.

Digiworld Corporation will start selling Apple products from the end of this month, confirmed Đoàn Hồng Việt, the company’s chairman and deneral director, said on Wednesday.

It is critical for Việt Nam to focus on removing inconsistencies and overlaps in business regulations to create a favourable climate for enterprises, attendees heard at a conference held by the Việt Nam Chamber of Commerce and Industry (VCCI) on Wednesday in Hà Nội.

The targets were announced at the company’s the 2019 Annual General Meeting of Shareholders held on Tuesday in HCM City.

Shrimp exports to Canada as of mid-May had reached US$54.7 million, a 32 per cent increase year-on-year, following steady increases since 2016, aside from a slight dip last year, according to the Việt Nam Association of Seafood Exporters and Producers.

The COVID-19 pandemic constitutes an unprecedented challenge with severe socio-economic consequences. Nguyễn Kim Hùng, deputy head of the Science Institute on Small-and-medium Enterprises Management (SISME), Chairman of the Board of Kim Nam Group, speaks to Việt Nam News reporter Nguyễn Linh Anh about institutional difficulties confronting businesses and recommendations for administrative reforms to support post-COVID-19 business recovery.