Vietnamplus

Cambodia will prioritise domestic tourism now as the government has lifted a travel ban between provinces, said Tourism Minister Thong Khon.

Remittances sent to Ho Chi Minh City reached 1.8 billion USD in the first four months of this year, down 2 percent year-on-year, said the State Bank of Vietnam branch in the city.

The Vietnam National Petroleum Group (Petrolimex) incurred a loss of over 1.8 trillion VND (78.2 million USD) in the first quarter due to the impact of COVID-19, according to its financial statement announced on May 5.

Hoa Phat Group, the largest steel maker in the country, exported over 40,000 tonnes of construction steel in February, almost tripling that of the same period last year.

Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.

Vietnam shipped 884.94 million USD worth of rice to the Philippines in 2019, a year-on-year rise of 92.58 percent, according to the General Department of Customs.

Party General Secretary and State President Nguyen Phu Trong sent best wishes to all of the Vietnamese people, both inside and outside the country, on the traditional Lunar New Year.

Deputy Prime Minister of Cambodia Men Sam An extended her New Year greetings to authorities and people of Long An during a visit to the Mekong Delta province on January 21.

Governors of Cambodia’s Svay Rieng and Prey Veng provinces on January 14 visited neighbouring Long An province of Vietnam to extend Lunar New Year greetings to local people as the Year of the Rat is approaching.

Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.

The Hoa Phat Group said its subsidiary - Hoa Phat Steel Pipe Co., Ltd - exported 17,000 tonnes of steel pipe in the first 11 months of 2019, a year-on-year increase of 22.3 percent.

Vietnam’s total import-export turnover has surpassed 400 billion USD, according to the General Department of Customs.

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)’s pre-tax profit hit 2.491 trillion VND (102.21 million USD) in the first nine months of this year, a year-on-year rise of 89.5 percent, the bank reported.

A record year-on-year increase of 113% for auto imports in September is attributed to new regulations on auto imports.

The northern province of Vinh Phuc yielded over 16,500 tonnes of aquatic products in the first nine months of this year, up nearly 5 percent year-on-year.

Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

Vietnam’s export turnover of garment-textile and leather shoes during January-July grew 10.5 percent year-on-year to 18.34 billion USD, the Ministry of Industry and Trade (MoIT) said on August 9.

Vietnam gained 13.3 million USD from exporting tuna to Italy in the first half of 2019, a year-on-year surge of 60 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) enjoyed 817 billion VND (35.2 million USD) in pre-tax profit in the second quarter of the year, up 57 percent year-on-year, the bank has reported.

Vietnam’s index of industrial production (IIP) recorded a year-on-year rise of 9.13 percent in the first six months of this year, according to the General Statistics Office (GSO)’s latest report.