The Government on Tuesday discussed on a draft resolution on measures to support employees and and business owners with total funding of more than VND26 trillion (over $1.13 billion).
Vietnam’s largest city received $3.2 billion remittances in the first six months of 2021, up 22.34% despite the COVID-19 pandemic.
The United States is debating whether to impose tariffs on Vietnam for currency moves deemed unfair and restricting to American firms during the Trump administration, Bloomberg reported.
Vietnam’s largest city will begin 15 day lockdown, starting 00:00 on July 9, with the principle of every household, ward, district going into self-isolation, according to the city People's Committee.
- Ho Chi Minh City receives $5.1 bln remittances in nine months, up 22% 1
- Over 600,000 workers returning hometowns not working for FDI employers 2
- PetroVietnam’s subsidiary to build two offshore wind power substations in Taiwan 3
- Vietnam to spend $10-11.5 bln a year on power sector 4
- Three North-South Expressway segments face funding difficulties 5
- State Treasury purchases $150 million from commercial banks 6
The State would continue holding no less than 65% charter capital in State-owned banks, according to the latest Government Decision on State ownership in enterprises.
Foreign investors will be eligible for bidding for a $2 billion Quang Ninh liquefied natural gas power project, according to the bidding rules set by the province's Department of Planning and Investment.
Some 12.8 million workers have been hit by the COVID-19 pandemic in the second quarter this year, according to Nguyen Trung Tien, Deputy General Director of the General Statistics Office.
According to the Vietnam Aviation Business Association, Vietnamese airlines have beared short-term debts and due debts up to VND36 trillion ($1.6 billion) since the Covid-19 outbreak in the country.
The Ministry of Industry and Trade has formed an inspection team to oversee the implementation of the rice import regulations at five local rice firms when imports from India rises sharply.
Vietnam’s total export turnover was estimated at $143.36 billion, representing a year-on-year growth of 29.67 percent, according to the Vietnam Customs.
E-commerce platform for branded goods Leflair is expected to resume operations under a new owner in Q3.
Trade in goods between Vietnam and the European Union (EU) has seen positive growth since the beginning of 2021, despite the impact of the COVID-19 pandemic.
The Ministry of Industry and Trade has decided to levy anti-dumping and anti-subsidy duties on a variety of cane sugar goods imported from Thailand.
Malaysia’s Hibiscus Petroleum Berhad has acquired the assets of Spanish oil exploration and drilling firm Repsol Exploración, S.A. in Vietnam.
The government launched a $1.1-billion public fund in an effort to purchase 120 million doses of COVID-19 vaccines by the end of the year and the program received support from the community.
Vietnam’s monthly per capita income in 2020 dropped two percent to VND4.23 million ($183.19) from 2019 due to the COVID-19 pandemic, according data from the General Statistics Office.