Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.
The US Department of Commerce (DOC) has announced affirmative preliminary determinations in the anti-dumping investigations of passenger vehicle tires from certain countries, including Vietnam.
The planning and investment sector has sketched out 13 major tasks for 2021, focusing on introducing measures to support the implementation of socio-economic targets in the 2021-2025 period, economic restructuring, and renovation of the growth model.
Online trade promotion offers businesses, especially small and medium-sized enterprises (SMEs), direct access to international customers, boosts their sales, speeds up the marketing process, and saves costs, experts have said.
The Vietnam General Confederation of Labour (VGCL) will set aside part of its accumulated trade union funds to support trade unionists and workers facing difficulties during the Lunar New Year (Tet) holiday - Vietnam’s biggest traditional festival which falls in mid-February this year.
A Vietnam-Thailand Online Business Matching event was held in Hanoi on January 7 to connect Vietnamese and Thai companies in light of the COVID-19 pandemic.
Minister of Industry and Trade Tran Tuan Anh, who is also Chairman of the Vietnam - US Trade and Investment Framework Agreement (TIFA) Council, has held phone talks with US Trade Representative (USTR) Robert Lighthizer to discuss bilateral economic and trade issues.
The forestry sector targets the export value of timber and forest products to reach 14 billion in 2021, according to the Vietnam Administration of Forestry.
Vietnam, for the first time in decades, has signed a contract with India to buy 70,000 tonnes of 100-percent broken rice from India to meet increasing demand of this kind of rice in the domestic market for producing animal feed.
A recent article in the French daily newspaper Le Figaro spoke highly of Vietnam’s economy amid the adverse impacts for the global economy brought about by COVID-19.
The installation of QR codes at tourism sites in Ly Son island district in central Quang Ngai province is being carried out by the management board of the Ly Son-Sa Huynh Geo-Park in coordination with district authorities, as part of efforts to promote digitalisation in the tourism sector.
Prime Minister Nguyen Xuan Phuc has asked the industry and trade sector to view enterprises as the centre of reform and development so as to further facilitate production and business activities and enhance competitiveness.
Credit growth in Vietnam may reach 13-14 percent this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) recorded a bad debt ratio of 0.6 percent last year, the lowest so far and in the sector, compared to 0.78 percent in 2019.
Singapore will harness four switches to transform and diversify energy supply, so as to achieve its vision of a clean and efficient energy future, Tan See Leng, Singaporean Second Minister for Trade and Industry, said at a parliament meeting on January 5.
Vietnam posted the fastest growth in Asia in 2020 and will once again be among the most outstanding performers in the region this year, according to the Hong Kong Shanghai Banking Corporation (HSBC).
The Vietnam Joint Stock Commerical Bank for Industry and Trade (VietinBank) reported pre-tax profit of 16.45 trillion VND (712.4 million USD) and a bad debt ratio of under 1 percent for 2020.
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