News

Ho Chi Minh City to go into 15-day lockdown to curb COVID-19

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.

Vietnam Gov’t to retain 65% stakes in State-owned banks through 2025

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 eligible for $2 billion LNG project bidding in Quang Ninh

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.

Latest coronavirus wave hurts nearly 13 million people in Vietnam

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.

Gov’t considers $1.13 billion support package for residents affected by ...

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 aviation sector bears $1.6 billion short term, due debts

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.

Five local rice firms to be inspected after imports of Indian rice ...

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.

Exports expands nearly 30 percent in first half of 2021

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 Leflair set for Q3 comeback

E-commerce platform for branded goods Leflair is expected to resume operations under a new owner in Q3.

Vietnam’s exports to EU surge amidst COVID-19

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.

Vietnam levies anti-dumping and anti-subsidy duties on Thai sugar

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.

Malaysian oil company to enter Vietnam market

Malaysia’s Hibiscus Petroleum Berhad has acquired the assets of Spanish oil exploration and drilling firm Repsol Exploración, S.A. in Vietnam.

Vietnam’s COVID vaccine fund receives strong support from business ...

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 per capita income falls 2% in 2020 on pandemic

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.

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News

Vietnam Airlines to reopen some int’l routes from mid-July

About 70% of Vietnam population to get COVID-19 vaccinated by 1Q 2022

Remittances to Ho Chi Minh City rise over 22% despite COVID-19 pandemic