Business

Hanoi has spent around VND7 trillion (USD304.34 million) of the municipal budget on building and upgrading roads per year.

The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.

More and more Italian textile firms are investing in Vietnam to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and export to the European market, experts said.

Investment in Vietnamese startups reached a record high in 2019 but dropped 22 per cent in the first half of 2020 due to COVID-19, according to the Vietnam Tech Investment Report 2019 for the first half of 2020 by

The agro-forestry-aquatic sector has recorded a surplus of US$7.25 billion during the past nine months, representing an annual increase of 15.7%, according to the Ministry of Agriculture and Rural Development (MARD).

HCM City and other Southeastern localities have agreed on a tourism stimulus programme as Covid-19 has been basically brought under control in the country.

The Vietnamese Government resolved to record GDP growth of 2.5-3 percent this year at its recent monthly meeting, Minister and Chairman of the Government Office Mai Tien Dung told a press conference on October 2.

Hanoi is scheduled to host the US - Vietnam Business Summit 2020 on October 9 with a range of topics up for discussion in the period following the novel coronavirus pandemic.

The Ho Chi Minh City People's Committee on October 1 held a groundbreaking ceremony for the Centre for Innovative Start-ups in District 3.

Vietnam has destroyed over 15,082 packs of cigarettes which were illegally brought into the country.

Construction started on September 30 on three component projects of the North-South Expressway.

HCM City Department of Transport has proposed opening five more pedestrian streets in the city centre area.

The consumer price index (CPI) climbed 3.85 percent year-on-year between January and September, the highest nine-month CPI growth over the last five years, the General Statistics Office reported.

Pledges of foreign direct investment (FDI) in the first nine months of 2020 were estimated at US$21.2 billion, down 18.9% compared with the same period last year, as shown by data as of September 20.

One million people have lost jobs while 17 million others saw lower incomes due to the Covid-19 pandemic according to a report by the Ministry of Labour, Invalids and Social Affairs.

Prime Minister Nguyen Xuan Phuc has issued Decision 1322/QD-TTg approving the national programme to support businesses to improve productivity and quality of products and goods in the 2021-30 period.

Authorities in the Central Highlands province of Lam Dong have suspended the licensing of agricultural tourism projects in Dalat City.

Deputy Prime Minister Truong Hoa Binh attended a ground-breaking ceremony for the Becamex VSIP Binh Dinh Township and Industrial Park on September 27.

Qatar Airways said Sunday it received $2.0 billion in state aid to weather the coronavirus crisis, as it posted huge annual losses after enduring one of its "most difficult years".