Việt Nam’s production decreases for second month running in August

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.

CPA Australia: Hong Kong Businesses to Lead the Way in Fintech Usage in the Coming 12 Months CPA Australia: Hong Kong Businesses to Lead the Way in Fintech Usage in the Coming 12 Months

Việt Nam fulfills international commitments as EVFTA takes effect Việt Nam will continue to fulfill its international commitments so that it can take full advantage of the EU-Việt Nam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19.

EVFTA to open “new wave of trade and investment” for Việt Nam The EU-Việt Nam Free Trade Agreement (EVFTA) is expected to kickstart a “new wave of trade and investment” if Việt Nam continues to strengthen the business environment and completes the legal framework for trade and investment, experts said on July 28 in HCM City.

Business licences to be required for internal transport Firms could register their vehicles as used for internal transport instead of normal transport business to avoid conforming to business requirements.

Việt Nam vows to partner with Korean firms to overcome hardships: Minister

Vietnam has pledged to work closely with other countries, including the Republic of Korea (RoK), to overcome difficulties amid the COVID-19 pandemic.

Banks do well in first half but difficulties lie ahead for the year Nine of the 10 large-cap banks on the stock market are estimated to report positive profit growth for the second quarter of the year, according to SSI Securities Corporation (SSI)

Vehicles providing transport services will have yellow licence plates All vehicles providing cargo and passenger transportation services must change from white licence plates to yellow ones with black letters and numbers from August 1, according to the Traffic Police Department under the Ministry of Public Security.

Domestic customs sector reports reforms The General Department of Customs announced it has sped up reforms in the context of COVID-19 during its H1 review meeting in Hà Nội on July 8.

Traffic safety improves in first half of the year due to pandemic, laws

According to the National Committee for Traffic Safety, between December 15, 2019, and June 14, 2020, 6,790 traffic accidents were reported nationwide, killing 3,242 people and injuring 4,939 people.