Fuel prices cut slightly on August 12 Business

Fuel prices cut slightly on August 12

Retail prices of some petrol products were reduced slightly in the latest review by the Ministry of Industry and Trade and the Ministry of Finance, with effect from 3pm on August 12.
HCM City readies land to expand infrastructure Society

HCM City readies land to expand infrastructure

Ho Chi Minh City authorities promise to offer competitive land rentals and other incentives at industrial parks (IPs) and export processing zones (EPZs) besides improving the business environment and simplifying administrative procedures to attract investment.
Banks cut home loan interest rates Business

Banks cut home loan interest rates

Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.
Thailand keeps interest rate unchanged at record low World

Thailand keeps interest rate unchanged at record low

The Bank of Thailand (BoT) last week decided to keep key interest rate unchanged at a record low for a second straight meeting, as widely expected, on signs of improvement in the economy after the easing of measures to contain the coronavirus outbreak.
Vietnam’s rice exports to Africa continue to rise Business

Vietnam’s rice exports to Africa continue to rise

Vietnam’s rice exports to Africa rose sharply in the first six months of 2020 and are expected to continue surging in the remainder of the year and in 2021, according to Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.
First-ever ASEAN Online Sale Day kicks off ASEAN

First-ever ASEAN Online Sale Day kicks off

The first-ever ASEAN Online Sale Day (AOSD) was launched on August 8 at http://aseanonlinesaleday.com, gathering nearly 150 regional firms who offer diverse kinds of goods and services at promotion prices.
Cashew nut exports up 1 percent in H1 Business

Cashew nut exports up 1 percent in H1

Despite the difficulties posed by the COVID-19 pandemic, Vietnam’s cashew exports in the first half of the year increased by 16 percent in volume year-on-year and 1 percent in value to 232,000 tonnes and nearly 1.53 billion USD, according to the Vietnam Cashew Association (VINACAS).
Vinatex’s revenue nosedives 36 percent in Q2 Business

Vinatex’s revenue nosedives 36 percent in Q2

The COVID-19 pandemic dragged down the revenue of the Vietnam National Textile and Garment Group (Vinatex) by 36 percent year-on-year in the second quarter, to just over 3.08 trillion VND (133 million USD).