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Việt Nam records trade surplus of US$2.4 billion with the Philippines

COVID-19 to pull Việt Nam’s growth down to 6.3%: Fitch Solutions

Fitch Solutions on Tuesday revised down Việt Nam’s economic growth to 6.3 per cent from 6.8 per cent previously in 2020 due to the Covid-19 outbreak.

Pandemic pushes shoppers online, but only for essentials

With more people staying indoors due to the COVID-19 pandemic, online shopping is enjoying a surge in popularity.

Economy

Việt Nam’s tuna exports to US, Europe forecast to rise as people stock up amid pandemic

The outbreak of COVID-19 is causing EU and the US to stock up on canned tuna, and this is likely to increase demand from Việt Nam this year, the Việt Nam Association Seafood Exporters and Producers has said.

Economy

Price gap of gold narrows in Viet Nam and globally

Gold prices went up in both global and local markets on March 24 when the gap of the prices between the two markets narrowed.

Economy

Foreign investors pour $8.55b into VN in Q1

Foreign investors poured a total of US$8.55 billion into Việt Nam from January 1 to March 30, equivalent to 79.1 per cent of the same period last year, according to the latest report by the Foreign Investment Agency.

Economy

Emirates Group takes adaptive measures to cope with COVID-19 pandemic

Emirates and dnata (Dubai National Air Transport Association) have been adapting operations in line with regulatory directives as well as travel demand since the COVID-19 outbreak began, according to the Emirates Group.

Economy

SCIC raises US$14.5 million from State capital sale

The State Capital Investment Corp (SCIC) has earned VNĐ342 billion (US$14.5 million) for selling a part of its ownership at the Civil Engineering Construction Corporation No 5.

Economy

Côn Đảo Island to be temporarily closed to prevent COVID-19

The southern province of Bà Rịa-Vũng Tàu decided to temporarily closed Côn Đảo Island, a popular tourist attraction, to visitors starting Tuesday.

Economy

COVID-19 pandemic challenges garment and textile businesses

Half of all textile exports from HCM City go to the US, while the EU accounts for 15-18 per cent of annual exports.

Economy

Việt Nam’s cashew exports to US up in two months

Việt Nam’s cashew exports to the US in the first two months of the year rose by 21 per cent in volume to 17,900 tonnes and 3.6 per cent in value to US$126.2 million year-on-year, according to the General Department of Customs.

Economy

US dollar demands keep stable in local market

The US dollar listed at commercial banks has so far this year gained 1.67 per cent against the Vietnamese đồng due to a rise in the global market, but supply and demand for the greenback in the domestic market has remained stable.

Economy

Solar rooftop industry poised for rapid growth

Technological advances, preferential credit policies and pricing incentives have set the stage for solar rooftop energy to become the next big thing in clean energy in Việt Nam, according to industry insiders.

Economy

Policies must be in place to tap EVFTA benefits: experts

If approved, Vietnamese companies will be able to tap a huge market with a population of 508 million and a total GDP of about US$19 trillion.

Economy

VN increases application of trade defence instruments

Việt Nam is increasing the application of trade defence instruments to protect the legitimate rights of domestic producers as the country integrates rapidly into the global economy.

Economy

Relief measures fail to calm virus panic

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 6.08 per cent to close at 666.59 points.

Economy

Construction sector struggling because of coronavirus

The biggest issue for construction enterprises is access to construction materials.

Economy

MoIT extends safeguard measures for steel products

The Ministry of Industry and Trade (MoIT) has extended safeguard measures for steel billet and steel bars imported to Việt Nam until March 21, 2023, said the Trade Remedies Authority of Việt Nam.

Economy

Investment projects eye March openings

Two investment projects worth US$216 million at the Đà Nẵng Hi-Tech Park will be put into operation on the occasion of the city’s Liberation Day on March 29 one year after construction started.