Canadian entrepreneurs have voiced their belief in Việt Nam’s economic outlook despite the fourth wave of COVID-19 outbreaks and the adverse impacts of the pandemic on the country’s activities and growth.
Vietnamese shares declined on Tuesday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading.
Thirty hectares of dragon fruit in the northern province of Hải Dương have officially been granted with codes for export to the US, Australia and China.
The agro-forestry-fisheries sector's export revenue reached about US$32.1 billion in the first eight months of this year, up 21.6 per cent, while imports were estimated at $28.8 billion, up 44.1 per cent, resulting in a trade surplus of about $3.3 billion, a fall of 48.2 per cent over the same period last year, reported the Ministry of Agriculture and Rural Development (MARD).
In the muddling-through stage when the real picture of the banking system is still obscure, the central bank must be vigilant about the rising risks associated with non-performing loans.
Vietnamese agricultural product exporters that want to establish long-term business relationship with the UK need to have appropriate strategies, and approach potential partners in order to take advantage of export opportunities to this important market – the second biggest economy in Europe, advised Nguyễn Cảnh Cường, Vietnamese Trade Counselor in the UK, at a recent consulting webinar.
Banking stocks have continuously corrected since the beginning of July, with market analysts forecasting the decline in bank asset quality as due to the COVID-19 pandemic.