Việt Nam News

Grab Vietnam has announced it will accelerate the GrabConnect programme that seeks to help farmers in the central and southern regions sell their produce.

Deputy Prime Minister Lê Minh Khái has asked ministries, agencies and localities to closely monitor market developments and to be cautious, flexible and active in price management in order to stabilise price levels and promote economic growth.

The fourth wave of COVID-19 has affected all aspects of socio-economic life, including production and business. In response to the relaxing of pandemic restrictions, enterprises are being encouraged to take advantage of the unique opportunities that are now on offer.

Retail petrol prices increased by more than VNĐ1,400 per litre from 4 pm on Tuesday, following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

A proposal by the Ministry of Finance to impose a 2 per cent tax on the export of gold products, with a gold content of under 95 per cent, has come under fire as traders claim the tax will cripple their ability to compete. They fear the move will only encourage gold smuggling out of the country. 

No air-conditioners and no alcoholic drinks are among the COVID-19 prevention regulations that eateries in HCM City need to meet to be able to receive dine-in customers.

The VN-Index escaped from a fall after investors poured money into some heavyweight stocks, lifting the market.

Prime Minister Phạm Minh Chính and World Economic Forum Founder and Chairman Klaus Schwab will co-chair the national strategic dialogue between Việt Nam and WEF on Friday, with the theme "Enhancing public-private partnership: Key motivation for comprehensive recovery and inclusive, sustainable development and innovation".

The General Department of Taxation has opened a series of electronic invoice deployment centres, located at its headquarters and the taxation departments in six localities. 

Vietcombank will issue millions of shares to pay for last year’s dividends and raise its charter capital to over VNĐ50.4 trillion (US$2.22 billion) under a plan recently approved by its board of directors.

Permanent Deputy Prime Minister Phạm Bình Minh told an ASEAN business summit that companies must be both proactive and creative to adapt to the ‘new normal’.

Food companies in HCM City are feeling the pressure of the upcoming holiday season, after months of COVID-19 restrictions. Many have requested the State Bank of Việt Nam (SBV) put them on the list of businesses eligible for preferential loans, to help them prepare for Christmas and Tết holidays.

The Hòa Bình Construction Group (HBC) and Scotland’s Shire Oak International (SOI) have struck a strategic deal to develop rooftop solar power.

Foreign direct investment (FDI) is to continue flowing in Việt Nam from Europe in the medium to long-term thanks to the EU-Vietnam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said. 

As the COVID-19 pandemic has seriously impacted the implementation of Việt Nam’s economic development plans, the National Assembly (NA) and Government have been proactively and urgently deploying stimulus packages to quickly restore the economy and leverage growth.