Việt Nam News

The production value of the shrimp industry in the Mekong Delta province of Bến Tre aims to increase by an average of 41.1 per cent each year to 2025 and reach US$1 billion.

Local chemical manufacturers have increased their inventories in order to ensure products available to meet the market needs.

The impacts of the pandemic has seriously affected traditional activities in business, distribution and export of Vietnamese agricultural products. Although this year's agricultural season is more difficult due to COVID-19 pandemic and social distancing, farmers still get a bumper harvest with good selling prices.

Taiwanese Pegatron Corp, a major manufacturing partner of Apple, Microsoft and Sony, will add US$101 million to its investment in Việt Nam, reported Reuters.

Cần Thơ City achieved impressive growth in industrial production, retail sales and tourism despite the effects of COVID-19 in the first five months.

The People’s Committee of the southern province of Bình Định has proposed the Ministry of Transport and the Việt Nam Maritime Administration withdraw two local ports from master planning for seaport development in 2021-30.

Vietnamese firms poured US$546.7 million into overseas projects in the first five months of 2021, more than triple the figure of the same period last year.

Even though the stock market is expected to continue rising, securities firms still warned of some corrections in the short-term due to profit-taking pressure.

Shares reversed morning losses and recovered in Wednesday’s afternoon session after a two-day fall, propped up by growth of – again – banking and securities stocks.

Transport of all kinds of goods into HCM City remains relatively unaffected, with little or no congestion at entrances despite its COVID-19 semi-lockdown.

The Vietnam Oil and Gas Group (PetroVietnam) posted VNĐ144.9 trillion (US$6.31 billion) in pre-tax profit during January-May, 2.3 times higher than the target for the period and triple that of the same spell in 2020.

In the immediate future, the programme will help with farm produce sale via digital platforms in localities hit by COVID-19 or those under lockdown, including experimenting on Grab.

The State Bank of Việt Nam (SBV) is amending regulations related to the operation of agency banking to improve access to the banking system.

Thanks to the preferential tariffs under the EU-Vietnam Free Trade Agreement, footwear exports to the bloc’s 27 member countries increased by 19.2 per cent year-on-year in the first quarter of 2021.

The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64 per cent to US$1 billion so far this year, while foreign ETFs increased 12 per cent to $1.4 billion.

Policymakers and experts gathered in a meeting on Monday to seek solutions to difficulties in transporting farm produce and goods to border gates and between provinces amid the COVID-19 pandemic.

The market settled down in Tuesday's trade, weighed by selling pressure as shares hit highs recently. 

The Vietnamese Government plans to borrow more than VNĐ1.7 quadrillion (US$73.2 billion) in the 2021-23 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.