Việt Nam News

The US has become Việt Nam’s largest supplier of fruits and vegetables after a 44 per cent increase year-on-year in the first four months of the year to US$102.1 million, according to the Việt Nam Fruit and Vegetable Association.

Vietnamese stock market is forecast to move higher this week, where correction and volatility is expected.

Banks cut interest rates for loans worth more than VNĐ1.12 quadrillion (US$49 billion) of nearly 322,190 borrowers affected by the COVID-19 pandemic as of May 11, a State Bank of Việt Nam (SBV) report showed.

The HCM City Department of Industry and Trade announced that it would hold the 2020 consumption stimulus event from July 2-5 this year as a measure to support local producers in the COVID-19 pandemic.

The Beautycare Expo 2020, an international exhibition of beauty products, technologies and services, will be a chance for enterprises in the field to co-operate and expand their trade.

Property firms were gearing up preparations to tap the opportunities from the post-pandemic recovery of the real estate market which was predicted to soon back to its feet.

The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Việt Nam.

Việt Nam's Ministry of Planning and Investment (MPI) on Friday launched a cutting-edge integrated operating centre that is capable of collecting, analysing and disseminating information in the shortest time possible with the highest accuracy.

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.

A number of listed companies have announced lower earnings in April after closing for half of the month.

The initial value of the fund is estimated at VNĐ50 billion (US$2.13 million).

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) decreased 1.16 per cent to end at  852.74 points.

The minister said cloud computing will play a key role in the future’s digital infrastructure and must be a top investment priority in Việt Nam’s digitalisation strategy and socio-economic development.

According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail.

The firm’s CEO will buy 15 million shares from May 26 to June 24, equal to 3.0722 per cent of the company’s total outstanding shares

Prime Minister Nguyễn Xuân Phúc on Thursday chaired a meeting with permanent Government members to discuss measures to tackle difficulties faced by the Vietnam Oil and Gas Group (PetroVietnam) and the national flag carrier Vietnam Airlines.

Only two groups of products posted an export turnover of at least $1 billion during the period including computers, electronics and components at some $1.5 billion and telephones and parts at $1 billion. That have brought export earnings of these products total to $13.6 billion and $16.4 billion, respectively thus far this year.

Five sectors of telecom, information and technology, clean agriculture, clean technologies, retail, healthcare and pharmacy would have potential for high growth in the next three years.