Việt Nam News

US business magazine Forbes has recently published an article highlighting the Vietnamese hospitality sector’s creativity to survive the COVID-19 blow.

Despite the impacts of the Covid-19 pandemic, the woodworking industry increased exports of wood and forestry products by 16.4 per cent last year to US$13.17 billion, according to the Handicraft and Wood Industry Association of HCM City (HAWA).

The Vietnamese Government has issued a Resolution approving the UK-Vietnam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially bring it into force on May 1, Deputy Minister of Industry and Trade Đặng Hoàng An has said.

Việt Nam's stock market edged higher on Thursday with the market benchmark finally crossing 1,200 point-level after many attempts.

Việt Nam exported 638,000 tonnes of rice worth US$352 million in the first two months of 2021, down 31.4 per cent in volume and 18.3 per cent in value year-on-year.

The Chinese General Administration of Customs (GAC) has recently announced it will grant transaction codes to two Vietnamese companies to ship dairy products to China, said the Ministry of Industry and Trade’s Department of Asia-Africa Markets.

Due to the sharp increase in fertiliser prices in the past three months, the Plant Protection Department under the Ministry of Agriculture and Rural Development has proposed stopping fertiliser exports.

Japan has been investing steadily in the southern key economic zone so far this year, according to Government data.

Customers using Mobile Money, a freshly-approved pilot project, may be charged a certain fee, according to the Việt Nam Telecommunications Authority under the Ministry of Information and Communications.

The domestic sugar industry looks brighter in 2021 on the effort to control smuggling and the imposition of duties on sugar imported from Thailand.

The price of livestock fodder has risen by 15-30 per cent in the last five months because of higher prices of inputs, and many farmers are facing big losses as a result.

As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.

Though some banks increased their deposit interest rates early this month, it is not a common trend and the rate currently is still at the lowest level it has been in many years.

Digital transformation is no longer an option but a critical need for enterprises, particularly small and medium-sized ones, to survive in the industry 4.0 era, especially amid the Covid-19 pandemic.

Việt Nam's stock market finished higher on Wednesday as recovery from stocks, especially bank stocks, supported the market.

The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Việt Nam’s positive outlook for economic recovery this year, the World Bank (WB) has said.

Ten companies are sounding out shareholders to temporarily switch their listing from the Hồ Chí Minh Stock Exchange to the Hà Nội Stock Exchange since the former’s system is overloaded and smooth trading has become difficult.

The Việt Nam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, signed a memorandum of understanding (MoU) on supporting Vietnamese firms to boost online export and organised an international e-commerce conference in Hà Nội on Tuesday.