Business

Construction of VinES battery manufacturing factory costing 4 trillion VND (nearly 173.7 million USD) began on December 12 in central Ha Tinh province's Vung Ang Economic Zone with the presence of President Nguyen Xuan Phuc.

Vietnamese shrimp exports are anticipated to enjoy an annual rise of 4% to reach roughly US$3.9 billion for this year, according to statistics given by the Vietnam Association of Seafood Exporters and Producers.

Vietnamese farmers are facing difficulties selling over one million tonnes of fruits after China, which is the country's biggest agricultural products importer, is tightening its import activities.

Retail petrol prices have decreased by VND730-1,100 per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

A seminar was held on December 10 in virtual and in-person forms for heads of Vietnamese representatives abroad and businesses, aiming to seek measures to promote the economic diplomacy to serve the country’s development.

The Ministry of Transport has proposed two stages for the upcoming resumption of regular international commercial flights starting January 1.

The northern province of Quang Ninh has half-priced entry tickets to Ha Long Bay in the first half of next year.

The southern province of Dong Nai is seeking the government's approval for the construction of two railway projects linking HCM City and Ba Ria-Vung Tau.

Following robust export growth recorded in November, the agro-forestry-fishery sector is anticipated to rake in over US$47 billion from exports this year, US$5 billion higher compared to the set target by the Government, according to the Ministry of Agriculture

Local aviation enterprises have again asked for preferential loans to overcome difficulties caused by the pandemic.

The Ministry of Transport (MoT) has proposed the pilot resumption of regular international flights carrying international passengers to Vietnam from December 15.

A week of Vietnamese goods has kicked off in Singapore, aiming at promoting Vietnamese products and brands during the peak consumption season in the Singapore market.

The Việt Nam International Exhibition on Industrial Machinery Equipment, Technology and Products, or VINAMAC Expo 2021, will be held at the Saigon Exhibition and Convention Centre from December 15 to 18.

Vietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund in the country.

Awarded with the World’s and Asia’s Best Golf Destination, Vietnam has competitive edges to gain a stronger foothold in the golf tourism market post-COVID-19.

The first direct flight connecting the southern Ho Chi Minh City and the northern Dien Bien Phu Pprovince was conducted on December 3.

The freight train from Vietnam to Europe is operating very well after putting into operation for more than four months, according to Tran The Hung, General Director of Rail Transport and Trade Joint Stock Company (Ratraco).

A recent research by Standard Chartered has listed Vietnam among the 13 markets driving future trade growth, and with its enhanced integration into the global economy, the Cong Thuong (Industry & Trade) newspaper said.

The central city of Danang’s tourism sector has lured a small number of visitors after being reopened for one month.