Việt Nam News

Việt Nam imported nearly 1.2 million tonnes of raw cashew nuts worth US$1.9 billion in the first four months of this year, increases of 300 per cent and 323.5 per cent year-on-year, respectively, according to the General Statistics Office.

Careful consideration must be given to the imposition of a rent tax on people who own apartments for lease, experts said, adding that it was essential to introduce a reasonable tax rate and threshold.

Before the latest withdrawal of Vinsmart, Japanese giants like Panasonic, Toshiba, and Sharp also dropped out of the Vietnamese television market.

Several construction firms have reported a drop in profits in the first quarter of this year due to the COVID-19 pandemic and rising material prices.

The Ministry of Finance (MoF)'s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said Nguyễn Anh Tuấn, director of the Price Management Department.

Saigon Union of Trade Cooperatives (Saigon Co.op) said it is working to increase stocks of essential goods at its stores and fight the COVID-19 epidemic.

With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing risk of disruption caused by an unprecedented crisis like COVID-19.

The Vietnam Textile and Apparel Association (VITAS) is committed to promoting the sector’s sustainable development with the aim of raising the living standards of its employees under the UN’s Sustainable Development Goals (SDGs).

The Ministry of Agriculture and Rural Development was raising responsive measures to promote the distribution of agricultural products amid the fourth outbreak of COVID-19 in Việt Nam as well as establishing a resilent agriculture.

Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has undergone complicated developments both in and outside the country.

Việt Nam’s stock market opened new week on a positive note as strong demands on some pillar stocks pushed sentiment. 

VinGroup is to halt the production of TVs and smartphones to focus on the development of its Internet-of-things and Infotainment for VinFast cars, according to a press release by the country's largest conglomerate yesterday. 

As of April 20, Việt Nam had 1,417 valid overseas projects totaling $21.8 billion, mainly in the sectors of mining (36 per cent of total capital) and agro-forestry-fisheries.