Business

Vietnam will add 18 new routes, 1,528km in total length, to its national railway network by 2050, according to a draft planning for the 2021 – 2030 period, with a vision towards 2050.

Despite the COVID-19 pandemic, trade revenue between Vietnam and other ASEAN countries has still been on the rise, but much still needs to be done to fully capitalise on these neighbouring markets.

Vietnam attracted US$19.12 billion in foreign direct investment (FDI) capital by August 20, equivalent to 97.9% compared to the same period last year, according to statistics released by the Ministry of Planning and Investment.

Electricity of Vietnam costs for buying materials for electricity production increased by USD721.73 million between July and August 20 this year against the same period of last year.

The World Bank (WB) has projected Vietnam’s GDP to expand by 4.8 percent in 2021, two percentage points lower than its previous prediction in December 2020.

Some southern provinces are facing difficulties finding customers for 406,000 tonnes of fruits according to the Ministry of Agriculture and Rural Development.

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.

The Boeing Company has this week opened its first office in Vietnam which is expected to support the company’s growth objectives across its commercial airplanes, defence and services businesses.

Many branches of big banks in HCM City have been temporarily shut amid the city’s tightened Covid-19 prevention and control measures.

The coronavirus disease pandemic is threatening Asia and the Pacific’s progress toward critical targets under the Sustainable Development Goals (SDGs), according to a new report by the Asian Development Bank (ADB).

Up to 795 companies in the southern province of Binh Duong have suspended their stay-at-work policy after failing to ensure the Covid-19 pandemic prevention and control measures.

Despite the pandemic impacting the resort, hotel and rental market, the housing and apartment segment still has projects for sale at record prices.

As Vietnamese enterprises are facing difficulties due to the COVID-19 pandemic, online trading is considered a "tool" to help them turn the situation around, and at the same time opening up many opportunities for businesses to join the global

Liquidity on Vietnam’s stock market hit a new record on August 20 with a total of more than 48.3 trillion VND (over 2.1 billion USD), worth of shares traded on both bourses.

Several organisations have lowered Vietnam's GDP growth forecast due to the continued Covid-19 issues.

The airport on Con Dao Island, the southern province of Ba Ria - Vung Tau, will be expanded and upgraded to better serve rising passenger demand and the operation of new-generation aircraft.

Export turnover in the Mekong Delta region increased by 22.04% in the first six months of the year.

Despite impacts of the COVID-19 pandemic, Vietnam is still attracting foreign investment in its electronic industry, Taiwan-based website Digitimes has reported.

Prime Minister Pham Minh Chinh has signed a dispatch rolling out measures to speed up disbursement of public investment in 2021.