Business

The Vietnamese Ministry of Industry and Trade and the Chinese Ministry of Commerce jointly held the 9th Meeting of the Vietnam-China Working Group on Economic and Trade Cooperation via an online form for the first time on August 13.

Vietnam has increasingly imported coal and crude oil during the social distancing period for thermal power plants.

More than 100 tourist boat owners in Ha Long City have filed to suspend operations to apply for a tax discount in August due to Covid-19.

Many supermarkets in HCM City have reduced prices of essential goods to share with customers during the pandemic.

The Vietnamese Government, ministries, agencies and localities will continue providing all possible support for Korean businesses and corporations, including Samsung, to continue doing business successfully in Vietnam, said Prime Minister Nguyen Xuan Phuc.

On August 7, 2020, Hoa Binh Construction Group signed a strategic cooperation agreement with Johnson Controls-Hitachi Air Conditioning Vietnam Limited Liability Company.

Hue Phong Leather Shoes Company Ltd. Co. in HCM City will continue laying off a large number of its workers in late August due to the Covid-19 pandemic.

National flag carrier Vietnam Airlines has forecast a consolidated pre-tax loss for 2020 of nearly 15.18 trillion VND (over 650 million USD) due to COVID-19.

Aeon Vietnam Co. Ltd. has apologised to customers for two mice that were found crawling on food trays at its mall in HCM City.

Vietnam’s rice exports to Africa rose sharply in the first six months of 2020 and are expected to continue surging in the remainder of the year and in 2021, according to Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.

Many companies in HCM City have adjusted working hours during the Covid-19 outbreak.

Authorities of the southern metropolis of Ho Chi Minh City are continuously taking preventive measures to ensure safety for tourists while supporting travel businesses to overcome difficulties and devising policies to promote tourism for the post-pandemic period.

Vietnam Airlines are planning to sell nine planes as the company is facing big losses due to Covid-19 outbreak.

New policies are in the making to allow foreign firms to gain greater footing in Vietnam's petrol retail market, according to the Ministry of Industry and Trade (MoIT).

Dozens of tonnes of Vietnamese longans have been exported to Australia and distributed in the states of South Australia and Western Australia over the past few weeks.

The cultivation of bivalve mollusks in Kiên Giang Province’s coastal areas has developed rapidly in the last decade, improving farmers' incomes.

The State Bank of Vietnam (SBV) on August 6 announced its decision on cutting some policy rates with immediate effect, the second time this year following the adjustment on March 16.

Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) took place in Ha Noi on August 5.