FDI in Việt Nam expected to surge after the epidemic As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but this also provides an opportunity for other countries to accelerate efforts to attract new foreign investment, especially investments in China which may seek other destinations.

Pork price dives under VND75,000 per kilo Some large livestock companies have reduced pork prices to an average of VNĐ75,000 per kilo, Minister of Agriculture and Rural Development Nguyễn Xuân Cường said after visiting the firms on February 16.

Industrial sector’s growth likely to hit almost 3% in Q1 Việt Nam’s industrial sector in the first quarter is projected to grow 2.68 per cent compared to the same period last year if the novel coronavirus outbreak is brought under control, according to the General Statistics Office (GSO).

Domestic consumption of farm produce needs to be promoted to offset exports reduction

Local authorities and businesses are making efforts to promote domestic consumption of agricultural products, which are piling up due to the impact of novel coronavirus outbreaks in China.

Việt Nam reports trade deficit of $100 million in January Việt Nam reported an estimated trade deficit of US$100 million in January, according to the General Statistics Office (GSO).

National IIP down about 6 per cent in January

Việt Nam's index of industrial production (IIP) in January declined by 5.5 per cent year-on-year and 11.8 per cent month on month, according to the General Statistics Office (GSO).

Total goods and service retail sales up in January

Total retail sales of goods and services in January were estimated at VNĐ448.1 trillion, up 3.6 per cent over the previous month and up 10.2 per cent year on year, according to the General Statistics Office (GSO).

Registered capital of new enterprises in January hits four-year high Việt Nam had 8,276 new enterprises established in the first month of 2020, down 17.9 per cent year-on-year, but the total registered capital of the enterprises surged sharply by 76.8 per cent to VNĐ267 trillion (US$11.46 billion), the highest growth rate in four years, the General Statistics Office (GSO) reported.

CPI in January hits 7-year high

Việt Nam’s consumer price index (CPI) in January hit a record high, up 1.23 per cent over the previous month and 6.43 per cent year on year, according to the General Statistics Office (GSO).

Masan to close hundreds of ineffective VinMart and VinMart+ stores

After purchasing the retail chain from Vingroup’s VinCommerce earlier this month, Masan Group plans to close hundreds of ineffective VinMart and VinMart + stores.