Australian Investors Interested in Ho Chi Minh City Economy

Australian Investors Interested in Ho Chi Minh City

The Chairman of the Ho Chi Minh City People's Committee invited Australian businessmen to invest in the city.
India best among top economies in taming inflation and maintaining growth on high road Economy

India best among top economies in taming inflation and maintaining growth on high road

Calibrated steps undertaken by Government of India and RBI not only contained the high inflation trajectory but also maintained growth at high road among the top economies. India’s inflation trajectory is within the target band of central bank while many of the top 10 leading economies are still struggling to bring inflation at their tolerance levels. India will remain an attractive investment destination for the global investors on the back of high GDP growth, softening inflation trajectory and a solid fiscal consolidation path
Vietnam's public investment disbursement increases in July

Vietnam's public investment disbursement increases in July

Economy
In July, the disbursement of Vietnam's public investment sourced from the State budget reached its highest rate over the past five years. 
August 05, 2020 | 14:50
EVFTA takes effect as a new landmark in Vietnam - EU relations

EVFTA takes effect as a new landmark in Vietnam - EU relations

Economy
The European Union - Vietnam Free Trade Agreement (EVFTA) officially took effect on August 1, marking an important milestone in the bilateral relationship on the occasion of the 30th anniversary of Vietnam - EU diplomatic ties (1990-2020).
August 05, 2020 | 10:53
Vietnam and Chile expect to foster economic and trade cooperation

Vietnam and Chile expect to foster economic and trade cooperation

Economy
On August 4, Vietnam Deputy Minister of Industry and Trade Do Thang Hai held a virtual meeting with Chile Under-Secretary for International Economic Relations Rodrigo Yanez Benitez discussing ways to boost economic and trade cooperation between the two sides. 
August 05, 2020 | 09:43
Algerians favor Vietnamese coffee, seafood and many other agricultural products

Algerians favor Vietnamese coffee, seafood and many other agricultural products

Economy
Algeria is a potential market for Vietnamese agricultural products, reported VGP citing the latest statistics of the Vietnamese trade office in Algeria.
August 05, 2020 | 07:28
Manufacturing down across South-East Asia, showed survey

Manufacturing down across South-East Asia, showed survey

Economy
South-East Asia's factory output slumped in July for a fifth consecutive month, according to the IHS Markit Purchasing Managers' Index published on Tuesday.
August 05, 2020 | 07:27
Japanese Government to continue assisting firms in diversifying supply chains in Vietnam

Japanese Government to continue assisting firms in diversifying supply chains in Vietnam

Economy
Half of the Japanese businesses that receive support from the Japan's Government to expand supply chains, have chosen Vietnam, and the Government will continue assisting firms in diversifying supply chain, said Japanese Prime Minister Shinzo Abe.
August 05, 2020 | 07:22
Vietnamese longans are expected to penetrate into demanding markets

Vietnamese longans are expected to penetrate into demanding markets

Economy
The northern province of Hai Duong, Vietnam is anticipated to deliver a batch of 250 tonnes of longans to the European, Australian, and Singaporean markets during the harvest season this year, said the local authorities.
August 04, 2020 | 20:28
Vietnam's trade surplus in 7 months reached US$6.5 billion

Vietnam's trade surplus in 7 months reached US$6.5 billion

Economy
In July, Vietnam enjoyed a trade surplus of estimated US$1 billion. This brought the trade surplus in 7 months to reach US$6.5 billion, much higher than last year's figure of US$1.98 billion recorded during the same period, according to the Import-Export Department under the Ministry of Industry and Trade.
August 04, 2020 | 15:34
Imported pork is conquering domestic market

Imported pork is conquering domestic market

Economy
According to statistics of the Department of Animal Health, volume of imported pork and related products reached of 93,248 tonnes during the opening seven months of the year, mainly from Canada, Germany, Brazil, Russia, and the US, increasing 223% against the same period last year.
August 04, 2020 | 13:44
Video: World Bank forecasts Vietnam's economic growth in 2020

Video: World Bank forecasts Vietnam's economic growth in 2020

Economy
The World Bank has recently forecasted Vietnam's economic growth. World Bank said Vietnam's economic growth will rank 5th in the world. 
August 04, 2020 | 13:43
Vietnamese F&B businesses prepare for second round of social distancing

Vietnamese F&B businesses prepare for second round of social distancing

Economy
Although Vietnamese F&B businesses do not want social distancing to return in August, the experiences they used to have in April are helping them prepare for that. 
August 04, 2020 | 13:42
VNPT succeeds 15 awards at Asia-Pacific Stevie Awards 2020

VNPT succeeds 15 awards at Asia-Pacific Stevie Awards 2020

Economy
The Vietnam Posts and Telecommunications Group (VNPT) has won 15 awards, including three golds, three silvers, and nine bronzes at the Asia-Pacific Stevie Awards 2020.
August 04, 2020 | 10:50
Vietnamese government aims at socio-economic goals amid Covid-19 pandemic

Vietnamese government aims at socio-economic goals amid Covid-19 pandemic

Viet's Home
On August 3, Prime Minister Nguyen Xuan Phuc hosted one-day regular cabinet meeting for July. In this meeting, the Vietnamese government discussed measures to fulfill socio-economic goals amidst the COVID-19 pandemic.
August 04, 2020 | 09:20
Vietnam economy expects to stay resolved to prevent negative economic growth

Vietnam economy expects to stay resolved to prevent negative economic growth

Economy
“We must stay calm and resolved to continue performing the dual tasks of containing COVID-19 and preventing economic fragility and negative growth.” said PM in the meeting on August 2.
August 04, 2020 | 08:37
Vietnamese startups still raise millions of US dollar during the pandemic

Vietnamese startups still raise millions of US dollar during the pandemic

Economy
Despite COVID-19 pandemic,  Vietnamese start-ups  like Tiki, OnPoint  still  receives millions USD from foreign investors.
August 04, 2020 | 07:22
Vietnam's economic growth may reach about 7% in 2021

Vietnam's economic growth may reach about 7% in 2021

Economy
Prime Minister Nguyen Xuan Phuc has issued a new directive on the plan of socio-economic development and state budget estimate for 2021, with a target of about 7% of economic growth for the year. 
August 03, 2020 | 17:42
Vietnam has seen 75,200 new firms register in 7 months

Vietnam has seen 75,200 new firms register in 7 months

Economy
During the first seven months of 2020, Vietnam had more than 75,200 newly registered enteprises, a 5.1% decrease compared to the same period last year.
August 03, 2020 | 14:32
Vietnam’s T&T Group continues to import record huge amount of cashews from Côte d'Ivoire

Vietnam’s T&T Group continues to import record huge amount of cashews from Côte d'Ivoire

Economy
After the unprecedentedly huge cashew nuts purchasing contract with Tanzania last year, T&T Group signed another contract with the Côte d'Ivoire government with the volume of 150,000 tons cashew equivalent to the entire one Côte d'Ivoire have possessed.
August 03, 2020 | 14:06
ASEAN market development signals a positive progress

ASEAN market development signals a positive progress

Economy
As Vietnam witnesses total import-export turnover with ASEAN last year reaching USD 57.3 billion, representing a year-on-year rise of 1.1%, ASEAN has developed into Vietnam’s fourth largest export region, only behind the United States, the EU, and China.
August 03, 2020 | 12:45
Over 20,000 export enterprises are ready for EVFTA opportunities

Over 20,000 export enterprises are ready for EVFTA opportunities

Economy
More than 20,000 export enteprises in Ho Chi Minh City are fully prepared for the opportunities from EVFTA. They are ready to enjoy quick access to the EU market, the third largest export market of the southern economic hub.
August 03, 2020 | 10:46
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