Retail sales increased in both supermarkets and traditional markets in HCM City during the Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.
The People's Committee of Sa Pa Town, Lào Cai Province has cooperated with the Sa Pa Tourism Association and the Fansipan Cable Car Service Co, Ltd to kick off a tourism stimulus programme.
The Vietnamese manufacturing sector saw an intensification of the downturn last month with Manufacturing Purchasing Managers' Index (PMI) decreasing to 32.7 as a result of the coronavirus pandemic (COVID-19).
In April alone, the IIP slumped sharply by 13.3 per cent over the previous month and by 10.5 per cent over the same period last year. It is also the first IIP decrease in April during the 2016-20 period, the GSO said.
Prime Minister Nguyễn Xuân Phúc has given the green light to the export of medical face masks without any caps on export volume so that Việt Nam would not miss out on the opportunity of becoming the world’s face mask factory amid the COVID-19 pandemic.
The Economist listed Việt Nam as the 12th strongest economy among 66 economies in its report on the financial strength in the wake of the COVID-19 fallout.
Government will be responsible for approving golf projects instead of provincial authorities.
The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties in production during the novel coronavirus (COVID-19) pandemic.
Việt Nam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by Việt Nam Institute for Economic and Policy Research (VEPR) and Oxfam.
Đặng Hoàng Hải, head of Việt Nam’s e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade, talks to Vietnam News Agency about IT application in trade activities to link e-commerce with traditional commerce.
Crises tend to accelerate already existing trends and make space for the new
The building material sector would be among the first to benefit from the Government’s efforts to speed up disbursement of public investment, which was identified as a growth driver as the COVID-19 pandemic cast a shadow on the economy.
Nearly 37,600 new firms were established in Việt Nam with registered capital of a combined VNĐ445.2 trillion (US$19.1 billion) in the first four months of this year, down 13.2 per cent in number.
Domestic companies generated $26.45 billion from exports during the period, rising 12 per cent year-on-year and making up 32 per cent of the country's total export earnings
Prime Minister Nguyễn Xuân Phúc on Sunday agreed there should be a special mechanism for the northern port city of Hải Phòng to further its development.
The governor of the State Bank of Việt Nam, Lê Minh Hưng, has called on banks to simplify lending procedures to enable COVID-19-affected firms to easily get loans at preferential interest rates.
After a robust month of April, local shares are expected to settle down in May with some short-term downtrends, but the falls would be soft.
The turbines will supply 179 million Kilowatts per hour (KWh) of electricity per year from the second half of this year.