Business

Fishermen in Danang City and other provinces have returned with bountiful catches after the recent storms ravaged the central region.

Vietnamese firms remain more optimistic regarding positive growth and international trade in comparison to their global peers despite the challenges caused by the COVID-19, according to the latest HSBC report.

Vietnam exported 1.85 million tonnes of oil and petrol during the inital 10 months of the year at a value of US$787.53 million, with the average price being US$462.7 per tonne, marking an annual fall of 33.9% in volume

China has tightened control over imported frozen products, including Vietnamese catfish, in an effort to minimise Covid-19 infection risks.

The Ministry of Foreign Affairs in co-ordination with the Ministry of Agriculture and Rural Development held a forum to highlight the potential of the global Halal food market and the opportunities for Vietnamese enterprises to gain entry into the

Vietnamese investors poured a total of 490.4 million USD in projects abroad in the first 11 months of 2020, up 6.9 percent year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

The economy of Hanoi is projected to expand by just 3.94% in 2020 due to the impacts of Covid-19, but the figure is still higher than other provinces and cities, according to the municipal government.

The Consumer Price Index edged down 0.01 percent month-on-month in November on the back of weakening global fuel prices and declining electricity and water prices in the country, according to the General Statistics Office.

The number of international travelers to the nation this year is anticipated to fall by over 80%, while the figure for domestic tourists will witness a 45% fall, resulting in estimated losses of US$23 billion.

Many people with money and without investing knowledge have chosen property as a safe haven, helping estate prices still increase despite the pandemic, experts have said.

The Ministry of Industry and Trade has revoked Thuong Nhat Hydropower Plant’s licences in the central province of Thua Thien-Hue for violating regulations.

Many people queued for long hours in HCM City as stores started selling iPhone 12 at midnight on November 26.

Traders at the Han Market which is a popular tourist destination in Danang City are closing their businesses due to a lack of customers amid Covid-19 pandemic.

A conference has been held to to seek ideas and consultations from leaders of Mekong Delta localities, experts and scientists for the delta’s Integrated Regional Master Plan in 2021-2030 with a vision to 2050.

The Government Inspectorate has just announced various violations at a long-delayed Hanoi metro project.

The ministries of Industry and Trade, and Finance have ordered a sharp raise in retail petrol prices from Thursday afternoon.

More than 200 enterprises have joined a fair introducing specialties from different regions held in Hanoi.

Vietnam needs 150 billion USD to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.

Vietnam has maintained its position as the world’s largest producer and exporter of cashew nuts in 2020, exporting an estimated 450,000 tonnes of cashew kernels worth 3.2 billion USD, according to the Vietnam Cashew Association.