Business

Vietnam raked in 30.05 billion USD from exporting agro-forestry-aquatic products in the first three quarters of 2020 and the value is hoped to hit over 40 billion USD for the whole year, said Deputy Minister of Agriculture and Rural

Vietnam and the United Kingdom are speeding up negotiations on a new-generation free trade agreement between the two sides, which is expected to be completed at the end of this year.

Philippine Airlines will cut around a third of its workforce by the end of this year as part of an overhaul triggered by crippling coronavirus travel restrictions.

The south-central province of Ninh Thuận will restructure its salt production by applying advanced techniques and renovating salt fields to become the country’s leading producer by 2030, according to its Department of Agriculture and Rural Development.

The Ministry of Industry and Trade has just asked the Alibaba-owned online marketplace Lazada to remove some online stores that are selling fake books.

Ho Chi Minh City lured 3.25 billion USD in foreign direct investment in the first nine months of 2020, down 28 percent over the same period last year, reported the city Department of Planning and Investment.

Hanoi has spent around VND7 trillion (USD304.34 million) of the municipal budget on building and upgrading roads per year.

The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.

More and more Italian textile firms are investing in Vietnam to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and export to the European market, experts said.

Investment in Vietnamese startups reached a record high in 2019 but dropped 22 per cent in the first half of 2020 due to COVID-19, according to the Vietnam Tech Investment Report 2019 for the first half of 2020 by

The agro-forestry-aquatic sector has recorded a surplus of US$7.25 billion during the past nine months, representing an annual increase of 15.7%, according to the Ministry of Agriculture and Rural Development (MARD).

HCM City and other Southeastern localities have agreed on a tourism stimulus programme as Covid-19 has been basically brought under control in the country.

The Vietnamese Government resolved to record GDP growth of 2.5-3 percent this year at its recent monthly meeting, Minister and Chairman of the Government Office Mai Tien Dung told a press conference on October 2.

Hanoi is scheduled to host the US - Vietnam Business Summit 2020 on October 9 with a range of topics up for discussion in the period following the novel coronavirus pandemic.

The Ho Chi Minh City People's Committee on October 1 held a groundbreaking ceremony for the Centre for Innovative Start-ups in District 3.

Vietnam has destroyed over 15,082 packs of cigarettes which were illegally brought into the country.

Construction started on September 30 on three component projects of the North-South Expressway.

HCM City Department of Transport has proposed opening five more pedestrian streets in the city centre area.

The consumer price index (CPI) climbed 3.85 percent year-on-year between January and September, the highest nine-month CPI growth over the last five years, the General Statistics Office reported.