Việt Nam News

The Ministry of Industry and Trade (MoIT) is working to connect enterprises and localities facing COVID-19 outbreaks to ensure goods are consumed, especially agricultural produce in virus-hit areas.

Shares extend gains on Tuesday but the market experienced strong volatility with big variation among sectors.

The HCM City People’s Committee set targets and approved operational orientations and solutions for this year for its industrial and trade sectors at a meeting on Monday (February 22).

Shares made gains on Monday but investors remained cautious on decreased liquidity and the return of foreign net-selling.

Việt Nam’s gross domestic product (GDP) is expected to rebound to 7 per cent in 2021, riding on a recovery in external demand, a resilient domestic economy and increased production capacity.

Setting up an industrial park and a logistics centre this year is part of a development plan for 2021-25 that Hậu Giang Province in the Cửu Long (Mekong) Delta has just unveiled.

The Ministry of Trade and Industry has decided to levy a temporary anti-dumping tax of 44.88% on unrefined sugar and 33.88% on refined sugar imported from Thailand.

The general director of Trung Nam Group, Nguyễn Tâm Tiến said the factory chain would be built on 9.3ha at Đà Nẵng Information Technology Park with an investment of VNĐ1.5 trillion (US$65.2 million).

Bình Dương Province achieved impressive growth in exports in January to rank third in the country behind only HCM City and Bắc Ninh Province.

While the HCM City housing market has gone quiet after the renewed outbreak of Covid-19, the market in neighbouring provinces like Đồng Nai, Long An and Bình Dương has seen robust growth this year, experts said.

Despite being on the same street as three convenience stores, the grocery store owned by Nguyễn Ngọc Dung on Yên Thế Street in HCM City’s Tân Bình District is always crowded, especially during peak hours.

The market in 2021 is expected to be broadly similar with most of 2020, at least until borders reopen to leisure and business trade.

Prime Minister Nguyen Xuan Phuc recently approved a plan to change agricultural product consumption in 2021 – 2025, with a vision to 2030.

The pharmaceutical industry grew by just 2.8 per cent last year, much lower than its average 11.8 per cent growth in the last five years.

Việt Nam’s stock market recorded a weekly gain despite a decline of the market benchmark in the last session. Analysts from securities firms expected the market to continue its rally but recommended investors be more cautious and prioritise risk management at this moment.

Despite the effects of COVID-19, Hà Nội’s "Gold Street" was still packed with early morning customers on Sunday looking for luck.

The integrated circuit market in Việt Nam has huge potential, but no significant action for its development has been taken recently, is experts’ scathing verdict.

The construction is scheduled to last for 36 months since the land hand-over, and the project is set to operate within 50 years as from February 17, 2021.