Việt Nam News

The Ministry of Industry and Trade has called on marine transport and logistics businesses to cut fees for container storage and warehousing for companies that have reduced operations due to the COVID-19 pandemic.

Canned pure fresh coconut water Cocoxim of Bến Tre Import-Export Joint Stock Company (Betrimex) has become popular among consumers in Belgium for several years.

Shares tumbled on Wednesday after a two-day increase but liquidity soared to the highest level in the past month, demonstrating the re-ignited interest of investors in the stock market since its bottom in July.

Social distancing due to COVID-19 has created more local stock investors in Việt Nam, especially among internet-savvy young people.

Việt Nam exported US$9.58 billion worth of wood and wood products in the first seven months of this year, a year-on-year increase of 55 per cent, according to the General Department of Customs.

Việt Nam’s overseas investment totalled US$570.1 million in the first seven months of 2021, a 2.3-fold increase from the same period last year, data from the Ministry of Industry and Trade’s Foreign Investment Agency (FIA) showed, reflecting Vietnamese firms’ efforts to expand in foreign markets.

Shrimp businesses in the Mekong Delta, the country’s main producer and exporter of the crustacean, have been able to sustain both despite the COVID-19 pandemic.

The electronics industry was forecast to be robust this year, driven by the increase in the demand of products for communication as well as means of work in the context of the COVID-19 pandemic with social distancing measures in place, according to the Ministry of Industry and Trade.

The Vietnamese Government has issued a national strategy on the research, development and application of artificial intelligence (AI) till 2030 with a view to gradually turning Vietnam into an innovation and AI hub in ASEAN and the world.

Enterprises in HCM City and other southern provinces have shelled billions of dong to implement the "3 on-site" model for business continuity, however production at these facilities is still at risk of disruption due to the pandemic. 

Việt Nam's stock market extended gains on Tuesday on the back of energy and seafood strength.

As the third largest seafood exporter in the world, Việt Nam's could lose about US$480 million per year if it fails in its fight against illegal, unreported and unregulated (IUU) fishing.

Over 15 tonnes of Vietnamese frozen Ri6 durian exported to Australia by Ưu Đàm company sold out within only two days, reported the Việt Nam Trade Office in Australia.

Lộc Trời Group has adopted a linkage model for rice production on 36,000 hectares of land in An Giang Province’s Thọai Sơn District.

Business executives have called on the Government to issue “resolute but flexible” prevention measures to help them survive the COVID-19 pandemic and keep the economy afloat.

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Vietnam to support customers hit by the latest COVID-19 outbreak.

With demand for essential goods skyrocketing in many provinces and cities amid tightening social distancing requirements to tackle the surge in COVID-19, ensuring their supply to the market is an urgent task.

Investments in logistics and industrial real estate in the Asia Pacific will double in the next three to five years as investors look to increase exposure to the asset class, property consultant Jones Lang LaSalle has forecast in a recent report.