The consumer price index (CPI) of Hanoi in the first quarter of 2020 increased by 5.23 percent against the same period last year, according to the municipal Statistics Office.
The Vietnam National Railways Corporation (VNR) issued a statement on March 30 noting that after being in operation for one month, over 200 international refrigerated containers of dragon fruit have been exported to China.
In spite of challenges caused by saline intrusion and COVID-19, rice cultivation in the Mekong Delta must ensure domestic supply and take opportunities for export, said Deputy Minister of Agriculture and Rural Development Le Quoc Doanh.
The Ministry of Labour, Invalid and Social Affairs has proposed the Government issue a VND20 trillion (US$843 million) bailout package to soften the economic impact of the COVID-19 pandemic.
Many businesses have been forced to give workers time off work, especially at weekends due to reduced demand caused by the novel coronavirus (COVID-19).
National flag carrier Vietnam Airlines has announced that it will reduce the frequency of domestic flights between now and April 15 in compliance with the Prime Minister’s Directive to fight COVID-19.
Trade activities across the Vietnam- Cambodia border have been maintained despite the halt of entry and exit of citizens and tourists as a measure to curb the spread of the acute respiratory disease caused by the coronavirus SARS-CoV-2 (COVID-19).
China remains the largest buyer of Vietnam’s agricultural products, so Vietnamese businesses are making preparations to boost exports to this market when it recovers after the COVID-19 pandemic.
The spread of the COVID-19 pandemic in almost all countries and territories worldwide is likely to force automobile manufacturing and assembly firms in Vietnam to scale down operations and even close their factories.
The Ministry of Industry and Trade (MoIT) has proposed Prime Minister Nguyen Xuan Phuc permit customs clearance of goods through auxiliary border gates on the Vietnam-China border.
Vietnam’s cashew exports to the US in the first two months of the year rose by 21 percent in volume to 17,900 tonnes and 3.6 percent in value to 126.2 million USD year-on-year, according to the General Department of Customs.
Rice is one of the rare commodities that is not being seriously affected by the COVID-19 pandemic, with both export volume and value increasing in the first two months of 2020.
Local enterprises have sought ways to cope with the novel coronavirus-caused acute respiratory disease (COVID-19) instead of suspending business or scaling back.
Dong Xuan Knitting Sole Member Company Limited, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), is planning to produce 60,000 face masks per day from March 23 to 29, given the increasing demand amid COVID-19.
The Ministry of Industry and Trade (MoIT) has imposed provisional anti-dumping measures on some monosodium glutamate (MSG) products from China and Indonesia.
The US Government has no plan to suspend the import of Vietnamese garments-textiles, said Vietnamese Ambassador to the US Ha Kim Ngoc.
The domestic shrimp industry has not faced a great impact from the novel coronavirus-caused acute respiratory disease (COVID-19) because now this industry is under production and Vietnam will enter its shrimp harvesting crop in August.
Supplies of essential goods must continue to flow even in the worst situation of a city or several localities being put under quarantine, said Minister of Industry and Trade Tran Tuan Anh at a meeting in Hanoi on March 19.
Retailers in Hanoi said they have made plans to boost stockpiles by 300 percent if necessary to meet the demands of local people amid the COVID-19 pandemic.
The expected execution of the EU-Vietnam Free Trade Agreement in 2020 will create great pressure on Vietnamese logistics businesses, insiders said.