Việt Nam News

Việt Nam’s current account surplus is forecast at 6.2 per cent of GDP in 2021 and will narrow over the coming decade as part of a general long-term narrowing trend.

The market continued to rise on Thursday, boosted by gains in material stocks and interest from foreign investors as they net bought more than VNĐ1 trillion on two main exchanges. 

Businesses in Việt Nam are making all efforts to survive the fourth wave of COVID-19 which is battering the country.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.

Thanks to the record-high sea freight rates, shipping companies have witnessed positive second-quarter earning reports and  their stocks are also prospering in the market.

The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

The Ministry of Industry and Trade has just released seven factors that affect the development of the electric car industry in Việt Nam.

The Việt Nam Association of Seafood Exporters and Producers has written to the Government seeking priority COVID-19 vaccination for workers in the fisheries industry so that it can sustain production and export.

The Ministry of Finance is studying a tax and fee reduction and exemption package estimated to be worth around VNĐ20 trillion (US$897 million) to support citizens and enterprises affected by the COVID-19 pandemic.

The Government should buy summer-autumn rice for temporary storage to push up consumption demand and provide security for farmers, the Deputy Minister of Agriculture and Rural Development, Trần Thanh Nam, has said.