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No new COVID-19 cases reported in Vietnam on July 5
Vietnam recorded no new COVID-19 cases on July 5, meaning the country has gone through 80 consecutive days without community infections, according to the National Steering Committee for COVID-19 Prevention and Control.
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US voices concern about China’s military drills in East Sea
The US Department of Defence on July 2 voiced its concern about China’s decision to conduct military exercises around the Hoang Sa (Paracel) Archipelago in the East Sea on July 1-5.
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Da Nang sees minus economic growth for first time in over 20 years
The central city of Da Nang saw its gross regional domestic product (GRDP) for the first half of the year contract by 3.61 percent from the same period in 2019, the first time since the city became a centrally-run locality in 1997.
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Staying ready to welcome new investment flows
Vietnam would welcome a new foreign direct investment capital flow after the COVID-19 pandemic with many favorable opportunities seriously in order to tap those opportunities effectively. Economic experts have said at a seminar on new FDI flow held recently in Hanoi.
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China maintains position as Vietnam's largest import market
Despite the first half of the year seeing Vietnamese export turnover to China only reaching a mere US$34.8 billion, equal to a slight fall of 2.2% from the same period last year, the northern neighbour retained its place as the country’s largest import market, according to the General Statistics Office.
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Vietnam’s economy records decade-low H1 growth
Vietnam’s gross domestic product increased 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office.
