COVID-19 pandemic weighs on budget Business

COVID-19 pandemic weighs on budget

The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.
Politburo member given warning as disciplinary measure Politics

Politburo member given warning as disciplinary measure

The Politburo has decided to give a warning to Politburo member, Secretary of the Party Central Committee and head of the Party Central Committee’s Economic Commission Nguyen Van Binh as a disciplinary measure for his mistakes during the time he served as Governor of the State Bank of Vietnam.
Ministry predicts 2020 export growth of 3-4 pct. Business

Ministry predicts 2020 export growth of 3-4 pct.

Vietnam still managed to maintain export growth in the first 10 months of this year despite COVID-19, and exports for the year as a whole are expected to rise 3-4 percent against 2019, according to the Ministry of Industry and Trade (MoIT).
Indonesia’s railway operator records 163.6 mln USD loss in September World

Indonesia’s railway operator records 163.6 mln USD loss in September

State-owned railway operator PT Kereta Api Indonesia (KAI) posted 2.4 trillion IDR (163.6 million USD) loss between January and September, a drastic turn-around from the 1.5 trillion IDR profit booked during the same time last year, as the COVID-19 pandemic continues to put pressure on travel demand.
RoK delegation visits companies in Dong Nai Business

RoK delegation visits companies in Dong Nai

Speaker of the National Assembly of the Republic of Korea (RoK), Park Byeong-seug, held a working session with the Samil Vina and Hyosung companies, based in the southern province of Dong Nai, on November 4.
Gov't policy gives auto industry much-needed boost Business

Gov't policy gives auto industry much-needed boost

More than half a billion dollars in tax returns have been awarded to firms since 2017 in a bid by the Government to boost the country's auto industry and supporting industry, according to deputy director of the General Department of Vietnam Customs Luu Manh Tuong.
Supporting business promotes economic growth Videos

Supporting business promotes economic growth

Business is the central component of any country’s sustainable growth targets. To post growth of roughly 2.5 percent this year, Vietnam’s banking sector has been busy introducing a range of measures to assist businesses.