Vietnam's agro-forestry-fishery exports reached US$3.4 billion in July
Vietnam's agro-forestry-fishery exports reached US$3.4 billion in July, up 4.6% from the previous month. Meanwhile, according to the Ministry of Agriculture and Rural Development (MARD), the sector recorded a trade surplus of approximately US$5.2 billion, an increase of 3.8% on-year.
Digital transformation offers more export opportunities to Vietnam
According to Deputy Minister of Industry and Trade Cao Quoc Hung, a shift to digital platforms is considered an effective means for businesses to enlarge export markets as Vietnam becomes more integrated into the global economy.
Vietnam's shrimp exports in the first six months up 5.7%
According to the Vietnam Association of Seafood Exporters and Producers, in the first half of 2020, shrimp exports were up 5.7 per cent, reaching US$1.5 billion despite COVID-19.
Vietnam's FDI attraction reaches over US$18.8 billion in the first 7 months
According to the Ministry of Planning and Investment, as of July 20, the total foreign direct investment reached 18.82 billion USD, equaling 93.1% over the same period in 2019.
Vietnamese factory's milk licensed to export to China
The Asia-Africa Market Department under the Ministry of Industry and Trade said that another Vietnamese factory has been granted with a transaction code to export dairy products to China.
SE Asia's biggest travel app Traveloka raises US$250m amid the coronavirus crisis
Traveloka, Southeast Asia’s largest online travel app, announced on Tuesday (July 28) that it had raised $250 million to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people.
Vietnamese lychee to conquer Japanese taste
The Nikkei Asian Review assessed that a scent of opportunity for Vietnamese lychee farmers this year is to promote their tropical delicacy to Japan market.
Gold price today July 28: May not stop increase until hitting $4,000
As gold price set an all-time high since 2011, surpassing $1,920 an ounce, analysts forecast the momentum would continue to $4,000 an ounce, Kitco cited Frank Holmes, CEO of U.S. Global Investors saying, basing on his prediction on the effects that monetary stimulus had on gold during the last recession.
Vietnamese wood exports recover during the first half of the year
According to the General Department of Vietnam Customs, Vietnam got USD 5.04 billion from exporting timber and wood products during the first six months of the year, representing an annual increase of 29.8%.
Savills Vietnam: Hanoi apartment supply to surge in H2
Savills Vietnam said that Hanoi apartment supply is expected to supply in the second half of 2020 to meet higher demand in this segment.
Japanese scholar appreciated Vietnam's role in RCEP talks
Professor Ryo Ikebe from the Senshu University of Japan has expressed his appreciation for the role that Vietnam plays in gathering voices of 10 ASEAN members in Regional Comprehensive Economic Partnership (RCEP) talks.
Gold price today July 27 jumps above $1,926 per ounce, making history in nearly 20 years
Global prices globally jumped to the record high at above $1,926 per ounce, making the history since September 2011 as intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.
Vietnam grabs position as second largest rice exporter from Thailand
In the first five months of 2020, Thailand exported 2.57 million tons of rice, worth 54.2 billion baht. Thailand ranked third in rice export after India and Vietnam.
Lebanon hyperinflation at Venezuela–level could lead to a disastrous crisis 1
Followed the default on its $1.2 billion bond debts, Lebanon is now officially stepped into hyperinflation territory with the inflation rate surpassing 500% in July.
Growth of big M&A deals the Southern Vietnamese real estate market
A series of impressive mergers and acquisitions (M&A) deals have been done in the southern real estate market and this trend is expected to grow in the near future.
Global economy struggles under COVID-19’s impact
While the COVID-19 pandemic has pushed South Korea into a recession, Australia is facing a huge budget deficit, the UN is seeking to support the poorest people worldwide.
Vietnamese enterprises warned of fake Norwegian companies
The Ministry of Industry and Trade (MOIT) has warned Vietnamese enterprises of possible scams by foreign entities purporting to be companies from Norway.
Vietnam's GDP forecasted to reach 3.8% in 2020
VERP forecasted that Vietnam's GDP growth rate in 2020 would reach 3.8% if there is no second Covid-19 outbreak and the economy gradually resumes.
European firms stay more positive about Vietnam's business environment
European firms are more positive about Vietnam's trade and investment environment in the first few months after Covid-19, the Business Climate Index (BCI) unveiled by the European Chamber of Commerce in Vietnam (EuroCham) on July 22 showed.
Vietnam's shrimp exports increased 5.7% in the first half of 2020
Vietnam's shrimp exports to the US and China have gradually increased during the first half of the year despite the negative impacts of the coronavirus pandemic.
