Việt Nam News

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.

The Vietnamese manufacturing sector returned to growth in June as success in suppressing the coronavirus pandemic and greater business confidence helped lead to renewed expansions in output and new orders.

The EVFTA will abolish 65 per cent of the duties on EU exports to its developing partner, with the remainder phased out over a 10-year period.

The Ministry of Industry and Trade and the ASEAN – Japan Centre (AJC) on Tuesday held an online trade promotion conference with to aim to increase exports of consumer goods to Japan.

Standard Chartered on Tuesday announced that Tecomen Joint Stock Company (Tecomen) has become the first company in Việt Nam to make a drawdown under the bank’s US$1 billion COVID-19 financing commitment. This is also the first such drawdown in ASEAN that the bank has announced.

The title is listed amongst the Annual Global Awards of the world prestigious aviation and aerospace finance industry magazine Airfinance Journal.

Total revenue is forecast to gain 17 per cent on-year to VNĐ1.87 trillion.