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Việt Nam records trade surplus of US$2.4 billion with the Philippines

Vietnamese aviation industry dejected as Covid-19 returns during peak travel period

The second wave of Covid-19 that began at the end of July, the peak summer travel period, has disillusioned airlines that had earlier begin to hope for a recovery.

Beer industry: market slowly recovers

Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20 per cent compared to the low base this year.

Economy

Childcare support key to keeping factories ticking over: experts

The export-oriented manufacturing sector has been a key driver of economic growth and job creation in Việt Nam, particularly for women who make up more than 80 per cent of the sector’s workforce. While the global COVID-19 pandemic has impacted demand, the manufacturing industry is well-positioned for recovery and growth, if workers can be retained.

Economy

Việt Nam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Việt Nam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.

Economy

Experienced investors still interested in property market: experts

Most property experts said the real estate market will be able to recover after the pandemic.

Economy

Pig imports push domestic pork prices down

Efficient reproduction of pigs and enhancing imports of frozen pork and live pigs have made prices of live hogs fall, according to the Ministry of Agriculture and Rural Development (MARD).

Economy

Cooking oil stock rockets 68% in nine days

The surge came after Tường An on August 21 announced it would pay a cash dividend rate of 75 per cent with every shareholder receiving VNĐ7,500 per share.

Economy

VN’s agro-forestry-fishery earns US$6.2 billion trade surplus

Việt Nam ran a surplus of US$6.2 billion in agro-forestry-fishery trade in January-August, 4.9 per cent higher than the same period last year, the latest updates of the Ministry of Agriculture and Rural Development showed.

Economy

PetroVietnam subsidiary to drill in Cambodia from October

Meanwhile, the rig PV Drilling II will start a 100-day drilling campaign in Việt Nam from September, according to the corporation.

Economy

Shares gain as Fed signals to keep rates low

Vietnamese shares advanced on Friday thanks to global upbeat sentiment as investors cheered the speech by the US’s FED chairman Jerome Powell at a conference overnight.

Economy

ASEAN+3 determined to promote economic development and reduce risks from COVID-19

ASEAN Economic Ministers held a video conference with the region’s partner countries including China, Japan and South Korea (ASEAN+3) on Friday.

Economy

Opening trade, investment, developing supply chains critical to growth, coping with COVID-19: AEM

ASEAN and Japan would work together to reduce the negative impacts of the COVID-19 pandemic and to ensure economic and financial sustainability at the macro level through market opening for trade and investment and development of sustainable supply chains.