Việt Nam News

Việt Nam is forecast to lose some 0.41 per cent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report of the Asian Development Bank (ADB).

More than US$480 million worth of foreign direct investment (FDI) was poured into HCM City during the first two months of the year, which was equal to 47 per cent of FDI in the same period last year.

The Russian Federal Service for Veterinary and Phytosanitary Surveillance (VPSS) has allowed the import of Việt Nam’s processed chicken into Russia, according to the Ministry of Agriculture and Rural Development’s Department of Animal Health on Sunday.

Global gold prices pushed above the US$1,700 per ounce level for the first time since late 2012 on Monday, when local gold prices also soared.

Amid the coronavirus epidemic, many textile businesses in Viet Nam have shifted to producing antibacterial masks to serve market demand.

Việt Nam plans to develop an early warning system for trade defence by 2020, aiming to promote sustainable exports.

According to the International Finance Corporation, companies with good corporate governance report their return-on-equity ratios are three times the ratios at worse-governed companies

Shrimp is a key export item of many provinces in the Cửu Long (Mekong) River Delta, but the Covid-19 epidemic has caused challenges for exporters.

Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the most hard-hit industries, experts said.

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

Having launched as a hub for green and hi-tech investment in 2013, the Đà Nẵng Hi-Tech Park has lured 18 investment projects, of which nine foreign direct investment (FDI), with total US$564 million. Six projects including four FDI and two domestic investors were already put into operation.

Việt Nam and Russia have signed seven cooperation documents on animal health, quarantine, plant protection and food safety.

Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million at the current exchange rate).

The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on March 31.

Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies Authority of Việt Nam.

Grab has launched the Grab Ventures Ignite (GVI), an accelerator programme for early-stage startups, as part of the Grab for Good Development roadmap in Viet Nam which aims to create greater social and economic benefits for the country through technology.

The Vietnamese stock market would struggle to hold on to its threshold as analysts are afraid the market sentiment could worsen after new coronavirus-infected cases were reported over the weekend.

For many women in the workplace, salary may not be of the utmost importance but a female-friendly working environment is key to job satisfaction.