Ho Chi Minh City’s Department of Industry and Trade has recently announced the 2022 summer shopping stimulus programme and a plan to promote production and business activities in the city in the last months of this year.
The Department of Planning and Investment of the southern province of Tay Ninh has adopted many solutions and held dialogues with local and foreign-invested businesses in order to promptly remove difficulties and obstacles facing businesses to help them recover production.
President Nguyen Xuan Phuc hosted a reception in Hanoi on November 17 for Ly Xuong Can, a descendant of King Ly Thai To in the Republic of Korea and Vietnam's Tourism Ambassador to the RoK.
Districts in HCM City are looking into setting up designated areas for food street vendors in an effort to ensure pandemic safety and order on the streets.
The Vietnamese National Assembly will create favourable conditions for local and foreign businesses in all economic sectors to invest and do business in the country, said NA Chairman Vuong Dinh Hue at an online working session with a high-ranking business delegation from the US-ASEAN Business Council (USABC) on September 30.
Ministries, sectors and localities should promptly issue guidelines on the application of conditions to organise safe production in the new situation as well as the implementation of their door-opening plans so that businesses can design their own production plans, said Minister of Planning and Investment Nguyen Chi Dung.
Deputy Prime Minister Le Van Thanh has approved a trade development programme in remote, mountainous and island areas for the 2021-2025 period, which will be implemented in 287 districts of 48 provinces and cities nationwide.
The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.
The industrial production value of the Mekong Delta province of Kien Giang reached over 20.4 trillion VND in the last five months, up 7.4 percent from the same period last year.
Vice President Dang Thi Ngoc Thinh on March 30 presented the second-class Labour Order to Australian-based Norfolk Group, one of the first foreign firms landing investment in hi-end restaurants and hotels in Ho Chi Minh City and Con Dao island in Ba Ria-Vung Tau province.
The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
Tax revenues from online advertising business models of foreign organisations that do not have legal entities in Vietnam like Google, YouTube or Facebook hit 1.14 trillion VND (49.5 million USD) last year, reported the General Department of Taxation.
More than 100,000 employees in Thailand have lost their jobs or been suspended from work as over 6,000 businesses in 28 red-zone provinces closed in the wake of the new COVID-19 outbreak.
Da Nang’s gross regional domestic product (GRDP) has been estimated to be down 9.77 percent this year to about 100 trillion VND compared to 2019 due to COVID-19, a press conference held on December 29 to announce the central city’s socio-economic figures for 2020 heard.
More than 6,000 enterprises in HCM City have resumed operations following the containment of the COVID -19 pandemic and more than 30,000 new ones with capital of 696 trillion VND have been set up this year, the city chairman has said.
The confidence in business activities of small- and medium-sized enterprises (SMEs) operating in Singapore for the remaining months of 2020 falls to the lowest level since 2009, as the COVID-19 pandemic has constrained global growth and slowed economic activities around the world.
In the context of COVID-19 returning from July, the General Statistics Office (GSO) continues to conduct a survey on impacts of the pandemic on production and business activities for the second time.
Viettel Global, a foreign investment unit of telecoms giant Viettel, posted a before-tax profit of 1.17 trillion VND (50.7 million USD in the first half of this year, equivalent to the same period last year.
Business
