Việt Nam News

Local gold prices eased lightly yesterday after soaring to its 8.5 year highest near VNĐ50 million (US$2,168) per tael (1.2 ounce) on Wednesday. A same trend was reported in the global market.

The capital city of Hà Nội plans to organise 200 shopping stimulus events during the national promotion month.

Many business households and enterprises in Hà Nội which are part of the One Commune, One Product (OCOP) programme hope the Hà Nội Department of Agriculture and Rural Development and the Vietnam Retailers Association will facilitate more trade linkages for OCOP products.

Fitch Solutions have revised up its 2020 real GDP growth forecast for Việt Nam slightly to 3.0 per cent, from 2.8 per cent previously.

According to the firm, the first season of the programme with Saigon Co.op got better results than expected.

In September, EVN plans to announce the list of institutions which can provide QR code payment services for power bills.

Prime Minister Nguyễn Xuân Phúc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on Supporting Small and Medium – Sized Enterprises (SMEs) to create favourable conditions for them to overcome the difficult time and develop their business.

Through July, on the occasion of ‘Red Sale Carnival’ at Vincom shopping malls, Sacombank credit card and international payment card holders will receive special offers when shopping at Vincom chain in Hà Nội and HCM City.

The State Capital Investment Corporation (SCIC) will sell its shares at the Khánh Hòa Seafood Export Joint Stock Company on July 22, 2020.

Rakuten Viber, one of the world’s leading free messaging apps, has announced it is cutting all business ties with Facebook and joining the growing #StopHateForProfit movement to boycott the US company. 

Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push for post-pandemic economic growth, experts said.

The PM insisted on the importance of keeping inflation under 4 per cent, an objective set by the National Assembly.

The co-operative relations between Israel and Việt Nam are growing strong in all spheres, with the two countries currently negotiating the official signing of a bilateral free trade agreement (FTA). It is one of the items discussed by Deputy Ambassador of Israel to Việt Nam, Shirel Levi, in a recent interview with Việt Nam News reporter Nguyễn Linh Anh.

The Ministry of Transport will consider the reopening of international flight routes to countries and territories with have no new cases of COVID-19 in the community for 30 consecutive days, according to a ministry official.

Việt Nam’s leather and footwear industry should improve its supply chain performance to take advantage of the milestone trade deal that Việt Nam has signed with the EU and to recover from the effects of the COVID-19 crisis, speakers said on Tuesday at an international footwear conference.

Việt Nam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in interest rates of some banks.

The State Bank of Vietnam (SBV) and the Ministry of Industry and Trade have affirmed that they have not licensed Zalo Bank to provide online built-in financial services.

The COVID-19 pandemic has ravaged the domestic economy, downsizing the tourism sector and closing entertainment facilities where alcohol is consumed the most.