An online workshop to promote trade cooperation between Vietnam and the Udmurtia Republic, a federal subject of Russia, took place on November 27, bringing together representatives from enterprises of both sides.
Vietnamese Ambassador to Mexico Nguyen Hoai Duong visited Jalisco state in the west of the country from November 23 to 25 to boost bilateral cooperation in trade, investment, culture, and education, and to attend the opening of an honorary consulate.
All fields of the partnership between Vietnam and the Hong Kong Special Administrative Region of China, especially economy, trade and investment, have been given due attention by leaders on both sides, Tran Thanh Huan, the outgoing Vietnamese Consul General in Hong Kong, said in an interview with the Vietnam News Agency.
Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
Cambodia earned 25.21 million USD from ecotourism services in the first nine months of 2020, according to Neth Pheaktra, Secretary of State and Spokesperson for the country's Ministry of Environment.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Remittances flows into Ho Chi Minh City reached 4 billion USD in the first nine months of 2020 despite impacts of COVID-19 pandemic, representing a rise of 2 percent over the same period last year, according to a municipal official.
The production and consumption of building materials started resuming at the end of the third quarter this year as lots of construction works were speeding towards completion, however, local producers have been warned to watch the market to avoid a possible surplus.
Vietnam’s tuna exports to the Middle East and Africa have seen positive signs since the beginning of the year despite declines in overall seafood exports in the face of COVID-19, First Secretary and Head of the Trade Office at the Vietnamese Embassy in Egypt Nguyen Duy Hung said on October 25.
The Vietnam Institute for Economic and Policy Research (VEPR) estimated local GDP growth for this year at between 2.6 percent and 2.8 percent at a workshop in Hanoi, lower than the 3.8 percent it forecast in July.
Local industrial parks (IP) in the southern industrial hub of Binh Duong lured 840.5 million USD of investment in the first nine months of 2020, according to the Management Board of Binh Duong IP.
Cambodia predicted that international visitors to its famous Angkor Archeological Park will start to rebound gradually from next year if COVID-19 vaccines are available, a spokesman of the Ministry of Tourism has said.
The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.
The disbursement of Official Development Assistance (ODA) in localities has sped up from seven months to only three to four months, contributing to lowering loan interests on State budget.
Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to choose the right items to focus on in order to tap into this major market, insiders said.
Hanoi recorded considerable achievements during the five years of implementing the resolution of the 16th municipal Party Congress for the 2015-2020 tenure.
More than 1,000 new enterprises were established in the Mekong Delta city of Can Tho in the first nine months of 2020, accounting for 12 percent of a total 8,600 operational ones in the city at present.
Bac Ninh province, a major investment magnet and industrial hub in the north of Vietnam, earned 26.13 billion USD from exports in the first nine months of 2020, up 6.8 percent year-on-year.
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