Business

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.

Traders at a market in Hanoi have increased advertising at checkpoints to reach their customers during social distancing.

The south-central province of Ninh Thuận is taking measures to increase the number of its products made under the country’s ‘one commune – one product’ programme.

Continuously leading in the development of housing, urban, and industrial real estate projects, investors from Singapore are also actively expanding into other segments such as warehousing, logistics, and brokerages in the Vietnamese market.

Four Vietnamese companies were named in the Forbes Asia 100 to Watch list.

Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key markets.

ASEAN Online Sale Day 2021, the biggest online shopping event of all ASEAN consumers, is scheduled to begin at 00.00hrs on August 8 and last through to 24.00hrs on August 24.

The impact of COVID-19 in Vietnam has spurred more than ever the growth of cashless payment, including electronic purses.

Director of the Vietnam Chamber of Commerce and Industry in Mekong Delta (VCCI Cần Thơ) Nguyễn Phương Lam and Netherlands Ambassador Elsbeth Akkerman have signed an Action Programme of the Việt Nam-Netherlands Business Platform for the Mekong River Delta.

The Swiss Government will provide CHF70 million (nearly US$80 million) to help Vietnam improve its business climate and boost its private sector’s competitiveness, according to a cooperation programme between the two countries for 2021-2024.

The Cat Lai Port has asked the HCM authorities to ease travel restrictions at the port to help reduce the large number of containers stuck at the port.

Fishermen in Quang Nam are facing difficulties as fish prices have plunged by 50%.

The Ministry of Industry and Trade has just released a list of factors that are undermining the development of the electric car industry in Vietnam.

HCM City has proposed to spend VND501bn (USD21.7m) to support uncontracted workers who are facing difficulties due to the Covid-19 pandemic.

The opening seven months of the year saw Vietnamese exports to the EU market reach US$22.5 billion, an annual increase of 15.5%, according to data released by the Ministry of Industry and Trade.