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

ACB introduces $1 million in loans to support COVID-19 affected borrowers

Asia Joint Stock Commercial Bank (ACB) on Wednesday introduced a stimulus loan package worth VNĐ25 trillion (US$1.08 million) to support enterprises and individuals affected by the coronavirus (COVID-19) epidemic.

VN’s agro-forestry-fishery exports drop 2.8 per cent in first two months

Việt Nam exported agro-forestry-fishery products worth a total of US$5.3 billion in the first two months of this year, representing a slight drop of 2.8 per cent against the same period in 2019, updates from the Ministry of Agriculture and Rural Development showed.

Economy

Viet Nam, India seek to bolster bilateral investment, trade

India is a major trade partner and investor of Việt Nam and the two countries should spare no efforts to soon realise the target of bringing bilateral trade to US$15 billion, Minister of Planning and Investment said.

Economy

New energy strategy backs private sector investment

The Poliburo signed Resolution No 55-NQ/TW on Việt Nam’s strategic orientations for national energy development through 2030 with a vision to 2045 on February 11. Minister of Industry and Trade Trần Tuấn Anh speaks to Vietnam News Agency about the important implications of the new strategy involving the private sector investment.

Economy

Đồng Nai plans to build, expand industrial parks

The southern province of Đồng Nai plans to build industrial parks and expand existing ones to address the current shortage of space, according to the Đồng Nai Industrial Zones Authority.

Economy

PM urges tax sector to continue with reforms

Prime Minister Nguyễn Xuân Phúc on Wednesday praised the tax sector for reshuffling working apparatus, and urged it to continue with reforms to better serve taxpayers.

Economy

Commercial space rents in HCM City head downward

Rents for commercial spaces in HCM City’s main streets have been decreasing in recent months due to lower demand, according to experts.

Economy

Epidemic only a short-term dampener, VN story remains intact: survey

Though Việt Nam’s economy will suffer in the short term from the new coronavirus epidemic, the country’s drive to integrate into the global economy will continue to create plenty of new opportunities for trade and investment in the long run, experts have said.

Economy

VN seafood exporters not too worried about COVID - 19

Seafood exporters in Việt Nam are not too worried though import demand for their products has taken a hit due to the coronavirus epidemic.

Economy

Int’l exhibition for horticulture and floriculture sector opens in HCM City

The 3rd International Exhibition & Conference for Horticultural and Floricultural Production and Processing Technology (HortEx Vietnam 2020) opened in HCM City on Wednesday.

Economy

Shares slide amid weak investor sentiment

Share slid on Wednesday as the spread of CO-VID 19 virus has dampened investor sentiment, triggering worries about a possible pandemic.

Economy

US food agency inspection an opportunity for Vietnamese tra fish

The ministry said Việt Nam welcome the FSIS’s involvement to ensure Vietnamese tra fish hold up to the strictest of safety and quality standards.

Economy

Việt Nam’s growth under pressure from global Covid-19 outbreak

Fitch Solutions on Tuesday revised down its 2020 real GDP growth forecast for Việt Nam to 6.3 per cent, from 6.8 per cent previously, in light of the worsening global Covid-19 outbreak.

Economy

Seventeen banks slash interbank transfer fees from Tuesday

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than VNĐ500,000 (US$22) following the move of the National Payment Corporation of Việt Nam (NAPAS) to cut switching fees with an aim to promote cashless payments.