Currently, the oil and gas industry is suffering from the double impact of the Covid-19 epidemic and decline in oil prices that greatly affects the production and business plan in particular and the operation of the Vietnam Oil and Gas Group (PetroVietnam or PVN) in general.
Three component projects of the North-South Expressway master plan are expected to be shifted from the private-public partnership model to the public investment model.
The State Bank of Vietnam set the daily reference exchange rate at 23,259 VND per USD on March 23, up 7 VND from the last working day of previous week, and the seventh consecutive upward adjustment.
Hai Phong Port Joint Stock Company has recently signed a pre-investment consulting contract to build container berths No 3 and 4 in Hai Phong International Gateway Port.
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.
The Hanoi People’s Committee has approved the establishment of Dong La Industrial Cluster (IC) and the second phase of Duong Lieu IC on the outskirts district of Hoai Duc.
Tuna-fishing boats in the central province of Khanh Hoa are busy with the ongoing season, as a vessel can earn nearly 100 million VND (4,300 USD) per trip, Dan Viet online newspaper reports.
The Ho Chi Minh City Real Estate Association (HoREA) has urged the Government to add the property industry to the list of those affected by the COVID-19 outbreak and are eligible for a five-month postponement of value-added tax and land-use fee payments.
Businesses should keep a close watch on the developments of COVID-19 to have appropriate production recovery plans after the pandemic declines and ends, according to the Ministry of Industry and Trade.
Projects invested by Japanese investors or funded by Japanese official development assistance (ODA) capital have played a crucial role in economic development of Vietnam and Hanoi in particular, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
After 10 years of implementation of the “National Food Security by 2020” master plan, Vietnam’s agriculture, particularly food production has reaped great achievements.
State Auditor General Ho Duc Phoc has requested to suspend the implementation of approved audit plans due to the complicated developments of the COVID-19.