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PM urges IUU fishing eradication to protect Việt Nam’s reputation

Vietnamese businesses invest $30m abroad

The agency said restaurant and catering services received the lion's share of Vietnamese investment at $14.3 million, 48 per cent of the total. The manufacturing and processing sector ranked second with $8.9 million or 29.4 per cent, followed by the wholesale and retail sector, logistics and other services.

Japanese firm hopes to supply LNG to thermal power plant in Cần Thơ City

Japanese JERA Co Inc has expressed its hope to supply liquefied natural gas (LNG) at Ô Môn 1 thermal power plant in the Mekong Delta city of Cần Thơ.

Google, Microsoft accelerate shifting production to Việt Nam due to virus: Nikkei Asian Review

Google and Microsoft are accelerating efforts to shift production from China to Southeast Asian countries including Việt Nam amid the worsening coronavirus outbreak, the Nikkei Asian Review reported.

IFC raises trade finance limits for VIB to $144 million

"IFC’s guarantee will help local banks significantly extend trade finance to more importers and exporters, some of which are credit-constrained and rely on bank trade facilities to manage cash flows and purchase raw inputs,” said VIB Chief Executive Officer Hàn Ngọc Vũ.

MIC to submit national digital transformation programme this month

The Ministry of Information and Communications said it was completing the national digital transformation programme and expected to submit it to the Prime Minister this month.

ACB introduces $1 million in loans to support COVID-19 affected borrowers

Asia Joint Stock Commercial Bank (ACB) on Wednesday introduced a stimulus loan package worth VNĐ25 trillion (US$1.08 million) to support enterprises and individuals affected by the coronavirus (COVID-19) epidemic.

VN’s agro-forestry-fishery exports drop 2.8 per cent in first two months

Việt Nam exported agro-forestry-fishery products worth a total of US$5.3 billion in the first two months of this year, representing a slight drop of 2.8 per cent against the same period in 2019, updates from the Ministry of Agriculture and Rural Development showed.

Viet Nam, India seek to bolster bilateral investment, trade

India is a major trade partner and investor of Việt Nam and the two countries should spare no efforts to soon realise the target of bringing bilateral trade to US$15 billion, Minister of Planning and Investment said.

New energy strategy backs private sector investment

The Poliburo signed Resolution No 55-NQ/TW on Việt Nam’s strategic orientations for national energy development through 2030 with a vision to 2045 on February 11. Minister of Industry and Trade Trần Tuấn Anh speaks to Vietnam News Agency about the important implications of the new strategy involving the private sector investment.

Đồng Nai plans to build, expand industrial parks

The southern province of Đồng Nai plans to build industrial parks and expand existing ones to address the current shortage of space, according to the Đồng Nai Industrial Zones Authority.

PM urges tax sector to continue with reforms

Prime Minister Nguyễn Xuân Phúc on Wednesday praised the tax sector for reshuffling working apparatus, and urged it to continue with reforms to better serve taxpayers.

Commercial space rents in HCM City head downward

Rents for commercial spaces in HCM City’s main streets have been decreasing in recent months due to lower demand, according to experts.

Epidemic only a short-term dampener, VN story remains intact: survey

Though Việt Nam’s economy will suffer in the short term from the new coronavirus epidemic, the country’s drive to integrate into the global economy will continue to create plenty of new opportunities for trade and investment in the long run, experts have said.

VN seafood exporters not too worried about COVID - 19

Seafood exporters in Việt Nam are not too worried though import demand for their products has taken a hit due to the coronavirus epidemic.

Int’l exhibition for horticulture and floriculture sector opens in HCM City

The 3rd International Exhibition & Conference for Horticultural and Floricultural Production and Processing Technology (HortEx Vietnam 2020) opened in HCM City on Wednesday.

Shares slide amid weak investor sentiment

Share slid on Wednesday as the spread of CO-VID 19 virus has dampened investor sentiment, triggering worries about a possible pandemic.

US food agency inspection an opportunity for Vietnamese tra fish

The ministry said Việt Nam welcome the FSIS’s involvement to ensure Vietnamese tra fish hold up to the strictest of safety and quality standards.

Việt Nam’s growth under pressure from global Covid-19 outbreak

Fitch Solutions on Tuesday revised down its 2020 real GDP growth forecast for Việt Nam to 6.3 per cent, from 6.8 per cent previously, in light of the worsening global Covid-19 outbreak.

Seventeen banks slash interbank transfer fees from Tuesday

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than VNĐ500,000 (US$22) following the move of the National Payment Corporation of Việt Nam (NAPAS) to cut switching fees with an aim to promote cashless payments.

Vinalines to lose more than $42.7 million from Covid-19 epidemic

Vietnam National Shipping Lines (Vinalines) estimated it would lose VNĐ992 billion (US$42.7 million) in seaport-related revenue and VNĐ224 billion in profit in the first two quarters of 2020 because of the Covid-19 epidemic.