Pandemic drags down FDI attraction Business

Pandemic drags down FDI attraction

Vietnam had attracted a total of 26.43 billion USD in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.
Trade surplus in ten months rises to record high Business

Trade surplus in ten months rises to record high

Vietnam’s trade surplus hit a record high of 18.72 billion USD during the January - October period as imports slowed down amidst the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).
Vietnam attracts 23.48 bln USD in FDI in 10 months Business

Vietnam attracts 23.48 bln USD in FDI in 10 months

Vietnam has attracted 23.48 billion USD worth of FDI in the first 10 months of this year, equal to 80.6 percent of the figure in the same period last year, the Ministry of Planning and Investment (MPI) has reported.
Export revenue in nine months picks up despite pandemic Business

Export revenue in nine months picks up despite pandemic

Vietnam’s export revenue racked up a 4 percent year-on-year increase during January – September to 202.4 billion USD in the context that the COVID-19 pandemic has weighed on the international trade, according to the Ministry of Industry and Trade (MoIT).
Party leader emphasises thorough preparations for 13th National Party Congress Politics

Party leader emphasises thorough preparations for 13th National Party Congress

Party General Secretary and State President Nguyen Phu Trong, who is also Chairman of the Subcommittee on Party documents of the 13th National Party Congress, has written an article emphasizing the need to well prepare and organise the 13th National Party Congress in order to bring the country to a new development period.
Budget collection drops 9.2 percent in Jan-May Business

Budget collection drops 9.2 percent in Jan-May

An estimated 577 trillion VND (24.86 billion USD) was collected for the State budget in the first five months of the year, equal to 38.2 percent of the estimate and down 9.2 percent compared to the same period last year.
Vietnam economy hit hard by COVID-19 pandemic: WB Videos

Vietnam economy hit hard by COVID-19 pandemic: WB

Vietnam has been hit hard by the current novel coronavirus pandemic (COVID-19), but it will show signs of recovery in the post-coronavirus period, the World Bank said in its Vietnam Macro Monitoring report for May.
Prolonged COVID-19 pandemic tells on Vietnamese firms Business

Prolonged COVID-19 pandemic tells on Vietnamese firms

Many Vietnamese firms have felt the impact of the COVID-19 pandemic as the domestic processing and manufacturing sector has greatly relied on materials imported from foreign countries like China and the Republic of Korea (RoK).