Japan will assist apparel maker Matsuoka Corp. in producing protective clothing in Vietnam to diversify supply chains and lessen its dependence on China amid the coronavirus crisis.
European businesses are more positive about Vietnam’s trade and investment environment in the first few months after COVID-19, the Business Climate Index (BCI) unveiled by the European Chamber of Commerce in Vietnam (EuroCham) on July 22 showed.
Prime Minister Nguyen Xuan Phuc inspected site clearance at the Long Thanh International Airport project on July 21, where he urged Dong Nai province to take more drastic action to disburse public funding for the key national project.
The Vietnam stock market must be lifted to become an emerging market that has high quality and competitive capacity both regionally and globally, Prime Minister Nguyen Xuan Phuc said July 20 while attending a ceremony marking the 20th anniversary of the local stock market.
The southernmost province of Ca Mau is working hard to support local seafood businesses and achieve the year’s seafood export target of 1.2 billion USD.
Over 100 businesses based in the United States operating in the fields of finance, energy, technology, e-commerce, healthcare, and insurance participated in a teleconference to seek greater investment opportunities in ASEAN and Vietnam moving forward.
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% this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.
Vietnam is targeting more than 90 percent of its communes and wards being free of African swine fever (ASF) by 2022 and the country being free of the disease by 2025.
The Ministry of Transport has proposed the Prime Minister allow the resumption of commercial flights between Vietnam and certain other countries in August.
PSNews - With the aim of welcoming the increasing number of passengers, last June, the Civil Aviation Authority of Vietnam announce it had closed a runway in Noi Bai International Airport for repair. Accordingly, the airport is now operating only one runway.
Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam should do to make itself more attractive to foreign investors post-COVID-19, according to investment fund VinaCapital.
PSNews - THACO, a Vietnamese leading automaker has sold to Thailand another 80 Kia Grand Carnival cars that were manufactured at its Thaco Kia plant at the THACO Chu Lai Industrial Park in Quang Nam Province.
With the successful control of COVID-19, Vietnam has been widely recognised by the international community as a safe and attractive investment destination.
The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister of Finance Tran Xuan Ha has said.
This year’s economic growth is anticipated to come in very low in comparison to the set target, although experts believe this will help to stabilise the macro-economy and create a foundation to ensure sustainable development ahead in subsequent years.
In the first half of this year, Vietnam obtained a growth rate of 1.81% despite the COVID-19 pandemic.
The COVID-19 pandemic has seriously affected businesses in the Mekong Delta region, with the number of new orders down 80.7 percent year-on-year.
Prime Minister Nguyen Xuan Phuc chaired a meeting of the Cabinet on July 8 to discuss the implementation of the National Assembly (NA)’s resolution on adjustments to the plan for investment in the construction of three sections of the North-South Expressway in the 2017-2020 period.
The COVID-19 pandemic has affected everyone. Since the peak of the pandemic, consumers in Vietnam’s cities have changed their buying habits.
The Gulf Energy Development PLC of Thailand has announced the purchase of two wind power farms worth about 200 million USD in Vietnam, in order to take advantage of low interest rates as it seeks projects with a quick return on investment.