PM urges resolve to prevent negative growth

PM urges resolve to prevent negative growth

NDO/VNA – Prime Minister Nguyen Xuan Phuc on August 2 again called for resolve to perform the dual tasks of containing COVID-19 and preventing negative economic growth, in the context of the pandemic returning in the country with complexity. (Aug 02, 2020 16:20:43)

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New businesses down in July but capital up sharply

  Jul 29, 2020 16:17:37
NDO - The number of new enterprises in July fell by 3.8% from the previous month but registered capital soared by 72% in a sign that business support policies and post-coronavirus recovery plans have begun to take effect. 

Taking full advantage of opportunities from CPTPP

  Jul 24, 2020 13:26:11
NDO – One year after its coming into force, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has initially brought about positive effects for foreign trade activities; however, many opportunities from the agreement have not been fully explored. 

Gold prices conquer new peaks, investors urged to be calm

  Jul 23, 2020 17:46:40
NDO – As gold prices rose to new highs in Vietnam on July 23, domestic investors suggested calm and warned against rushing to buy gold to hedge risks. 

Vietnam’s exports to CPTPP member countries increase sharply: report

  Jul 23, 2020 11:04:08
NDO – Exports from Vietnam to members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) increased sharply in 2019, according to a report from the Ministry of Industry and Trade (MOIT). 

Hai Phong to reduce infrastructure and sightseeing entrance fees until late 2020

  Jul 22, 2020 17:37:31
NDO - Hai Phong City People’s Council on July 22 passed a resolution on the reduction of fees related to the use of infrastructure, service facilities and public utilities in the city’s seaport border area as well as entrance fees to tourist attractions in Cat Hai district. 

Various activities to be held for ASEAN businesses this year

  Jul 22, 2020 17:35:12
NDO/VNA - The Vietnam Business Summit 2020, themed “Digitalised Vietnam: Adaptability Towards Sustainable Development”, is to take place on November 12, a press conference in Hanoi on July 22 heard. 

Vietnam Energy Summit 2020: looking for specific mechanisms for energy development

  Jul 22, 2020 17:30:40
NDO/VNA – The energy sector has grown into a large-scale industry with dynamic growth, but specific mechanisms are needed for the sector to develop further, heard the Vietnam Energy Summit 2020 which opened in Hanoi on July 22. 

Vietnam’s growth in 2020 projected to hit 3.8% in optimistic scenario

  Jul 22, 2020 10:34:44
NDO - The Vietnamese economy is expected to expand by 3.8% this year in the optimistic scenario that the coronavirus outbreak does not flare up again and domestic economic activity gradually returns to normal, according to a think-tank. 

Bac Lieu expands cultivation of world’s best rice varieties

  Jul 20, 2020 15:50:48
NDO/VNA – The Mekong Delta province of Bac Lieu has decided to expand the cultivation of ST 24 and ST 25, two local rice varieties that rank among the world’s best, this year. 

As coronavirus subsides, Vietnam looks to boost businesses and halt job losses

  Jul 20, 2020 14:45:55
NDO - The coronavirus pandemic has caused Vietnam’s unemployment rate to hit a ten-year high, with the majority of jobs losses reported being among low-skilled and unskilled workers. 

Korean ice cream exports to Vietnam surge

  Jul 19, 2020 21:33:39
NDO/VNA – The Republic of Korea (RoK)’s exports of ice cream to Vietnam jumped 30% in 2019 from a year earlier on the back of the growing popularity of Korean culture in Southeast Asia, the Korea Trade-Investment Promotion Agency (KOTRA) reported on July 19. 

Fitch Solutions: Vietnam to gain from shifts in apparel manufacturing

  Jul 17, 2020 21:52:24
NDO/VNA – Vietnam, Cambodia, and Myanmar are among a few Asian nations set to gain the most from shifts in apparel manufacturing, according to a recent report from Fitch Solutions. 

Labour market rebounding quickly: labour minister

  Jul 17, 2020 18:10:26
NDO/VNA – Vietnam’s labour market has bounced back quickly after the social distancing period, according to Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung, who also expects it to return to the first-quarter level in the July-September period. 

Oxford Economics forecast Vietnam’s GDP to grow 2.3 percent in 2020

  Jul 15, 2020 16:32:35
NDO/VNA - Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3 percent this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.