Việt Nam News

Tax collection in the first seven months of this year set a record high, driven by robust banking, property, securities and automobile production sectors, but was slowing down as the virus took a toll, according to the General Department of Taxation.

The Government always cares about businesses and will fight side by side with them against the COVID-19 pandemic, Prime Minister Phạm Minh Chính said at a meeting with business representatives across the country yesterday.

Việt Nam’s stock market continued to recover last week with improved liquidity and strong inflows from foreign investments.

HCM City is planning to reopen traditional markets after carrying out research on safety measures for workers and the public.

Essential food manufacturers in HCM City have told Deputy Prime Minister Vũ Đức Đam that the “three-on-spot” principle (work, eat and rest on the spot) was not working and should be stopped so that production can be restored to meet consumer demand.

Director of the Vietnam Chamber of Commerce and Industry in Mekong Delta (VCCI Cần Thơ) Nguyễn Phương Lam and Netherlands Ambassador Elsbeth Akkerman have signed an Action Programme of the Việt Nam-Netherlands Business Platform for the Mekong River Delta.

Many Vietnamese rubber companies reported positive second-quarter profits despite rising rubber materials prices.

The country’s real estate prices has still been increased rapidly despite the difficulties caused by the COVID-19 pandemic in the past two years, which reduced the income of the majority of the population, experts said.

The South Korea Trade-Investment Promotion Agency (KOTRA) in Hà Nội plans to organise an online trade to connect Vietnamese businesses and South Korean companies from Nonsan City, South Chungcheong Province next month.

Hit hard by the COVID-19 pandemic, hotel owners have been forced to put their properties up for sale at much lower prices, providing opportunities for investors who were betting on the tourism recovery when the virus was brought under control.

A conference to seek buyers of agricultural products and launch the harvest of longan for export in 2021 was jointly held on Thursday by the departments of Agricultural and Rural Development and Industry and Trade, and the authority of Chí Linh City of the northern province of Hải Dương.

Việt Nam should make haste in its effort to vaccinate its labour force in agriculture and food production, recommended a task force from the Ministry of Agriculture and Rural Development (MARD).

Deposit mobilisation by credit institutions in HCM City grew by 4 per cent as of July 31 to VNĐ3.02 quadrillion (US$132.5 billion), according to the State Bank of Vietnam.

Việt Nam’s stock market was mixed on Friday, with the VN-Index ending its long rally on losses of bank stocks in the last trading minutes.

Many towage and pilot service providers have reduced their prices amid the difficulties faced by maritime transport companies due to the slowing down in activities because of COVID-19, according to a report by the Việt Nam Maritime Administration.

Container shipping cost in Việt Nam has increased fourfold, even eightfold on certain high-demand routes compared to pre-pandemic level, said a logistics report by SSI Research.  

A business networking conference was organised virtually on Thursday to seek ways to boost the export of dragon fruit to India and Pakistan amid difficulties due to impacts of the COVID-19 pandemic.

VPBank has now been awarded the Achievement in Enterprise Risk Management in 2021 award by The Asian Banker for two consecutive years. The award has reaffirmed its leading position in the country’s risk management sector, comparable to the leading financial institutions in Asia.