Business

Despite the Netherlands moving to reduce its pepper imports from most major supply sources, Vietnam's market share of peppers as part of total imports to the European country increased from 48.2% during the first seven months of last year

The Vietnam Business Summit 2020 themed “Digitized Vietnam: Toward Resilient Responsive and Sustainable Development” opened in Hanoi on November 12.

The Ministry of Industry and Trade, and the Ministry of Finance announced adjustments to petrol prices from 15:00 on November 11.

Vietnam’s Bamboo Airways has been given the permit to transport passengers and cargo on US direct flights by the US Department of Transportation.

The tourist boat service on Cai Rang Floating Market in the Mekong Delta City of Can Tho has failed to attract passengers following Covid-19.

Vietnam still managed to maintain export growth in the first 10 months of this year despite COVID-19, and exports for the year as a whole are expected to rise 3-4% against 2019, according to the Ministry of Industry and Trade.

The Green Vietnam Fund has officially been launched, targeting to facilitate the sustainable development of Vietnam’s wood production and processing industry.

Vietnamese airlines have resumed all their domestic flights and launched discount programmes after the Covid-19 pandemic has been brought under control in the country.

The Philippine economy shrank for the third straight quarter in July-September, official data showed Tuesday, but there were signs activity was slowly picking up as coronavirus restrictions eased and more businesses reopened.

Many banks have gained significant profit increases from foreign exchange trading this year, figures show.

Provinces and cities are gearing up for the coming Tet (Lunar New Year) holiday to ensure an adequate supply of essential goods with the COVID-19 pandemic still developing globally.

The development of Long Thành International Airport is expected to directly affect the real estate market in the southern province of Đồng Nai and neighbouring areas.

Vietnamese tuna exports to the United States have enjoyed a sharp rebound following a period of enduring a constant decline, according to figures released by the Vietnam Association of Seafood Exporters and Producers.

The total export value of the agricultural, forestry and fishery sectors in the first ten months of 2020 reached US$33.56, a year-on-year increase of 1.1%, according to the Ministry of Agriculture and Rural Development (MARD).

The nation’s digital economy reached a figure of US$12 billion in 2019, with the sector anticipated to record rapid growth in the coming years to reach a figure of US$43 billion by 2025.

Remittances sent to Ho Chi Minh City by overseas Vietnamese are anticipated to reach a figure of approximately US$5.5 billion, representing a year-on-year rise of 8%, according to figures released by the State Bank of Vietnam’s city branch.

Vietnamese automobile makers import 80% of spare parts according to the Ministry of Industry and Trade.

Many kinds of Vietnamese fruits are flooding streets in HCM City because of the sharp decline in exports to China.

The Vietnam CEO Forum 2020 is scheduled to take place on November 19 with 6,000 entrepreneurs nationwide set to participate in the event, according to a press conference held on November 3 to unveil details about the event.