Business

The Ministry of Transport has proposed to resume toll collection at the Trung Luong Expressway to ensure traffic safety and increase state budget.

Vietnam exported US$3.5 billion worth of fishery products in the first half of 2020, down 10% compared to the same period last year as the coronavirus pandemic slashed demand for Vietnamese seafood.

Ly Son Island garlic has been given a geographical indicator in order to protect the farmers' rights.

Japanese-imported pork products are proving popular in the Vietnamese market despite costing 4-5 times more than local products.

More than 6,000 workers of the Taiwanese company, PouYuen, in HCM City have been laid off due to the company's business difficulties during the Covid-19 pandemic.

Prime Minister Nguyen Xuan Phuc asked for consistently following the target of controlling the inflation rate under 4% in 2020 during his meeting with the National Steering Committee on Prince Management on July 1.

A batch of 2,470 pigs from Thailand has been imported into Vietnam.

A national Vietnam Grand Sale 2020 promotional campaign has been launched with an aim to boost domestic consumption.

The Vietnamese Government has made bold and reasonable decisions to fight against the COVID-19 pandemic and be proactive with comprehensive initiatives for economic recovery.

As of June, 30.8 million people aged over 15 have been laid off, lost jobs or got fewer wages due to fewer work hours because of Covid-19, according to the Department of Employment.

The consumer price index (CPI) saw a year-on-year increase of 4.19% in the first six months of 2020, reaching the peak in the 2016-2020 period, the General Statistics Office (GSO) reported.

Vietnam’s GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.

Vietnam’s gross domestic product increased by 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office.

Vietnam recorded a year-on-year decrease of 15.1 percent in foreign direct investment (FDI) inflows to USD15.67 billion as of June 20, according to the Ministry of Planning and Investment (MPI).

More than 1,000 domestic and foreign investors and businesses are to attend the “Hanoi 2020 - Investment and Development Cooperation” conference, the city’s People’s Committee announced on June 26.

Phu Yen People's Committee has approved to rent out a 100,000-square-metre land to build a waste treatment plant in Tuy Hoa City.

A concentrated national promotion month entitled ‘Vietnam Grand Sale 2020’ will be held from July 1 to 31 by the Vietnam Trade Promotion Agency under theMinistry of Industry and Trade in a bid to stimulate domestic consumption.

National Assembly Chairwoman Nguyen Thi Kim Ngan has hailed the World Bank and its Country Director in Vietnam Ousmane Dione for their contributions to Vietnam’s development in various areas, especially in institution and infrastructure development.

The PM has agreed to halt the master plan for Bac Van Phong Special Economic Zone until the Law on Special Administrative-Economic Units is approved.