The unprecedented impacts of the Covid-19 pandemic have forced 32.1 million Vietnamese workers aged 15 or above to either lose their jobs or have their working hours reduced in 2020.
Ho Chi Minh City says it has been struggling for years to attract foreign investment for key infrastructure projects, with legal challenges and risks discouraging investors.
Following the implementation of several free trade agreements, shrimp exports in 2021 are anticipated to increase by 15% compared to last year, to reach over $4 billion in revenue, according to insiders.
The U.S. has made no decision on imposing tariffs on Vietnamese goods regarding the recent allegation of currency manipulation, a Vietnamese minister says.
- AEON set to open seventh shopping mall in Vietnam 1
- Mitsubishi pulls out of Vietnam coal plant amid climate concerns 2
- Vietnam prepares for largest-ever coronavirus vaccination campaign 3
- Vietnam receives the first batch of COVID-19 vaccine 4
- Foxconn hiring 1,000 workers in Vietnam 5
- Vietnam’s logistics services expected to contribute 5-6% of GDP by 2025 6
A German crowdfunding platform for green energy is looking to further expand in Southeast Asia after most recently acquiring a Thai solar project.
The private sector which has soared to become the main driver of Vietnam’s economic growth contributed 42.68 percent of Vietnam’s gross domestic product in 2020.
China has notified Mekong River downstream neighbours it is holding back water for 20 days for a power grid maintenance, the Mekong River Commission cited information from its Ministry of Water Resources.
The AES Corporation signed an agreement to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.
Once completed, the Dong Nai province-based airport project could contribute 3-5% of Vietnam’s GDP, Prime Minister Nguyen Xuan Phuc told a ceremony to start work on the the $16-billion project on Tuesday.
Vietnam has started buying the grain from India for the first time in decades after local prices jumped to nine-year high amid limited domestic supplies, four industry officials told Reuters.
Vietnam is in talks with four countries, namely the UK, the U.S., Russia and China to buy Covid-19 vaccines, said Deputy Minister of Health Truong Quoc Cuong.
Human trials of second homegrown Covid-19 vaccine may begin in late January this year.
A Vietnamese woman returning home from Britain has been found to be infected with the new, more contagious coronavirus strain.
Vietnam earned $2.7 billion from shipping 1.7 million tons of coffee in 2020, accounting for 18% of the market share, accoridng to the Ministry of Agriculture and Rural Development.
The United Kingdom-Vietnam Free Trade Agreement was officially inked in London on December 29, Ministry of Industry and Trade said in a statement.
A group led by Japan Bank for International Cooperation will provide nearly $1.8 billion loans to build a coal-fired power plant in Vietnam’s central region, lender said in a statement.