Business

The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.

Many peach flower branches and trees have been put up for sale and rent at Hanoi's Quang An Flower Market in preparation for the Tet Holiday.

Vietnam has started to see recovery in the hospitality segment, according to Savills Vietnam.

Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.

The EU – Vietnam Free Trade Agreement has brought first successes, reflected by the strong growth of Vietnam’s exports to the EU in recent months and opened significant opportunities for sustainable development in bilateral trade.

The opportunity for Vietnamese products to enter the Cuban market is great, especially as the Vietnam - Cuba Trade Agreement has come into force with many incentives to eliminate or reduce tariffs.

A male tour guide in Hanoi has opened online Vietnamese coffee-making classes which have attracted many foreigners, offering a way for him to stay afloat amid the Covid-19 pandemic.

The Vietnamese Embassy in Egypt held a workshop on economic and trade potential between the two countries, aiming at paving the way for both countries’ businesses to fully tap their potential.

Chinese tech giant Alibaba has sought to distance itself from a face-recognition software feature devised by its cloud computing unit that could help users to identify members of the country's Muslim Uighur minority.

Electronics manufacturer Foxconn of Taiwan (China) has initiated plans to move part of their assembly line for iPad and MacBook products from China to Vietnam following a request made by tech giant Apple.

Eurasian Economic Union (EAEU) countries pledged to provide a tariff quota of 10,000 tonnes of rice from Vietnam next year under the Vietnam-EAEU Free Trade Agreement.

Farmers in the central region are facing difficulties preparing flowers and bonsais for the Tet Holiday due to Covid-19 and flooding.

The Asian Development Bank (ADB) on Tuesday signed an $8 million loan with Vietnam's Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the coronavirus disease (COVID-19) pandemic.

The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035.

The Business Association of High Quality Vietnamese Products, and the Vietnamese High Quality Products – Global Integration Standards project have launched https://vnprogis.com/ to connect producers of Vietnamese high-quality goods with the international market.

The Vietnam Software and IT Services Association (VINASA) on Dec. 14 awarded 101 Information and Communication Technology Companies, with 80% of them using and promoting Industry 4.0 technology.

Vietnam sent 54,307 guest workers abroad in the first 11 months this year, a year-on-year decrease of 59.1%, official data showed.

The Ministry of Finance has announced the State budget estimates for 2021, which target over 1.34 quadrillion VND (58.2 billion USD) in State budget revenue.

The garment sector has set targets of earning 55 billion USD from export and generating 3 million jobs by 2025.