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

Textile, footwear companies confident they can cope with this COVID-19 wave too

Armed with experience from coping with the first wave of the Covid-19 epidemic, many textile and footwear enterprises are quietly confident they can alter their plans as required and find new markets to cope with the second.

Taxes lost from e-commerce sector during COVID-19

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce as there are no specific regulations on the sector.

Economy

Construction of Việt Nam-Thailand wind power plant underway

Covering about 1,220 ha in Duyên Hải Town’s Trường Long Hòa Commune, the 48 MWp facility consists of 12 wind turbines. Costing in excess of VNĐ2.23 trillion (US$96 million), it is expected to generate 162.97 million kWh of electricity each year.

Economy

German newspaper highlights Việt Nam as attractive investment destination

The virus is intensifying the trend, according to the article. ASEAN countries, including Việt Nam, see themselves in a good position to benefit from the trend.

Economy

Experts make different predictions on market trend

Experts make different predictions about the trend of local stock market next week, saying it remained hard to forecast as price movements have been sensitive.

Economy

VNDirect introduces new registration platform

The solution aims to simplify paper works and procedures for both clients and the company.

Economy

HCM City landlords have little choice but to cut rents as 2nd wave of COVID-19 hits

Nguyễn Thị Minh has been forced to reduce the rents for her two apartments in HCM City’s District 2 twice this year from US$1,300 a month each to $900 to keep her tenants.

Economy

Foreigners purchased about 16,000 real estates in Việt Nam

Foreigners have bought some 16,000 housing properties across the country since they were allowed to in 2015, according to the Hồ Chí Minh City Real Estate Association (HoREA).

Economy

Hotel owners face tough times in capital

After 99 days without community transmission, the pandemic returned in late July and hurt domestic tourism, making a bad situation worse for Hoa and other hotel owners.

Economy

AIA Vietnam extends and expands financial assistance programme for doctors and medical employees participating in COVID-19 prevention

AIA (Vietnam) Life Insurance Company Limited (AIA Vietnam) has promised to offer financial assistance to medical workers on the frontline who are diagnosed to be positive with the SARS-CoV-2 virus in Đà Nẵng, Quảng Nam and some other provinces.

Economy

Supporting industries firms benefits from HCM City’s investment stimulus programme

In nearly two years since it began, HCM City’s investment stimulus programme for the supporting industries has enabled a number of businesses to acquire new technologies and equipment, upgrade their factories and enter the supply chains of global large corporations, according to the Centre for Supporting Industry Development (CSID).