Measures sought to promote role of co-operatives Business

Measures sought to promote role of co-operatives

Co-operatives in the capital city of Hanoi have affirmed their role in “One Commune, One Product” (OCOP) programme and rural economic development, with 282 out of 1,054 products have been evaluated and recognised as OCOP goods.
August retail sales plunge as COVID-19 cases on rise Business

August retail sales plunge as COVID-19 cases on rise

Total retail sales of goods and services in August slid 10.5 percent month-on-month and 33.7 percent year-on-year as a result of restrictions imposed to contain the ongoing COVID-19 resurgence, data from the General Statistics Office (GSO) shows.
Hanoi supports consumption of OCOP products Business

Hanoi supports consumption of OCOP products

The capital city of Hanoi has been implementing solutions to open up sales channels as the COVID-19 pandemic has had a negative impact on the production and circulation of goods, in particular 'One Commune, One Product' (OCOP) goods.
Thai Binh keeps yearly economic targets unchanged Business

Thai Binh keeps yearly economic targets unchanged

The northern province of Thai Binh has targets its gross regional domestic product (GRDP) growth of 13 percent in the second half of 2021 to fulfil its goal of at least 9.1 percent of expansion for the whole year.
FDI disbursement rises 2 percent in first eight months Business

FDI disbursement rises 2 percent in first eight months

Disbursement of foreign direct investment (FDI) capital in Vietnam hit 11.58 billion USD this year to August 20, an increase of 2 percent compared to the same period last year, according to the Ministry of Planning and Investment.
WB lowers Vietnam’s growth forecast to 4.8 percent in 2021 Business

WB lowers Vietnam’s growth forecast to 4.8 percent in 2021

While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.
Vietnamese coffee industry to go global Business

Vietnamese coffee industry to go global

Though COVID-19 has brought challenges to the coffee industry, businesses can nevertheless seek to adapt by exploring innovative and value-added ideas for Vietnamese coffee.
COVID-19 pandemic pushes business online Business

COVID-19 pandemic pushes business online

As Vietnamese enterprises are facing difficulties due to the COVID-19 pandemic, online trading is considered a "tool" to help them turn the situation around, and at the same time opening up many opportunities for businesses to join the global supply chain.