Việt Nam News

Textile, garment and footwear industries are still facing many difficulties due the COVID-19 pandemic, and unable to recover production and business in the short term.

The Vietnam Sustainable Energy Alliance (VSEA) raised concerns over the draft of the National Power Development Plan for the 2021 - 2030 period (PDP VIII).

Speedtest statistics showed that the download speed of mobile networks in Việt Nam reached 42.46 Mbps in July, lower than the world average of 55.07 Mbps.

To achieve ambitions to become a modern-oriented industrialised nation by 2030 and a developed country with high income by 2045, Việt Nam must succeed in the digital transformation process, in which agriculture is one of the priority areas, Minister of Foreign Affairs Bùi Thanh Sơn said.

The market ended higher on Friday with improved liquidity. However foreign investors returned to net sell a value of over VNĐ1.7 trillion (US$75 million) on the southern bourse. 

Proparco,  the private sector financing branch of Agence Française de Developpement (AFD), has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Việt Nam.

The Australian Government has announced a grant of nearly A$1.4 million (around US$1 million) for four Vietnamese high-tech application projects in the field of digital transformation, through the Aus4Innovation Programme.

Tetra Pak has announced an additional investment of five million Euros in its 120 million Euro packaging material factory in Bình Dương Province on September 16.

 As the Delta variant of COVID-19 spreads, significantly disrupting production, firms are either experiencing or anticipating constraints on cash and working capital.

Due to the impact of the COVID-19 pandemic and social distancing in many provinces and cities across the country, the consumption of the Vietnamese motorcycle market has dropped sharply in the last five months.

Viettel has successfully researched, tested and established 5G data transmission speed of more than 4.7Gb per second. This speed is 40 times higher than 4G speed and more than two times the existing 5G speed, making Viettel one of the fastest 5G telecomms networks in Asia.

The stock market is becoming a favoured and profitable investment channel for investors amid the COVID-19 pandemic but it also poses many challenges for regulators and market members.

The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 per cent to nearly US$25 million compared to the same period last year, or accounted for 5.6 per cent of the total tuna export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Long An Province has started to gradually reopen its economy, its Party Committee Secretary, Nguyễn Văn Được, has said.

The Ministry of Finance (MoF) is concerned the COVID-19 pandemic would continue to affect State budget revenue in the coming months.

Recovery, digitalisation and sustainability are major economic cooperation objectives for the Association of Southeast Asian Nations (ASEAN) in a post-pandemic world, said Vietnamse deputy minister of industry and trade Trần Quốc Khánh during the 53rd ASEAN Economic Ministers' Meeting.

Businesses and households in the food and beverage business in HCM City said though they have been allowed to reopen they cannot meet the strict COVID-19 prevention requirements.

Shares tread water on the Hồ Chí Minh Stock Exchange on Thursday as slumps of some heavyweight shares bit into the market’s gain in the morning.