Vietnam posts US$2.7 billion in trade deficit in seven months

Vietnam reported US$2.7 billion in trade deficit in the first seven months of this year while the same period last year enjoyed a trade surplus of US$8.69 billion, the General Statistics Office (GSO) announced on July 29.

'Essential goods' confusion causing problems with supplies, changes needed: MoIT

Light bulbs are not something Do Thu Hang, 40, usually stores at home. There is a hardware store in front of her house on Doi Can Street, in Hanoi, so she has never really had to.

Five pillars of response to the Covid-19 pandemic

Dr Pham Trong Nghia suggested that the Government have scenarios on epidemic developments with different levels, possible impacts, solutions and policy adjustments in both the short and long term.

 

Market to recover once the pandemic is contained: experts

Even though the market benchmark plunged in July, experts see it as short-term move and the stock market is still an important capital mobilisation channel in the long-run. 

New Zealand Fruit Week launches at Vinmart retail chain

To provide Vietnamese consumers access to high quality fresh fruits, top produce suppliers from New Zealand have collaborated with Vinmart to launch the second edition of New Zealand Fruit Week.

CPI increase lowest since 2016

The consumer price index increased by 1.64% in January to July period, the lowest rate since 2016, with lower food and electricity prices after Government efforts to stabilise prices and support virus-hit citizens and enterprises in the pandemic.

After developing multi-billion dong projects, provinces incur billions of debt

In the 2019 audit report on state budget finalization, the State Audit noted that outstanding debts in capital construction in localities are still high.

French citizens vaccinated against COVID-19 in Vietnam

Green-lighted by the Vietnamese Government, the French Consulate General in Ho Chi Minh City on July 29 began vaccinating French nationals living in the southern city and regional localities at France-Vietnam Hospital.

PM appoints two Deputy Ministers of Finance

Prime Minister Pham Minh Chinh has decided to appoint Vo Thanh Hung and Nguyen Duc Chi as Deputy Ministers of Finance.

Traditional medicine used to treat Covid-19 patients

The Ministry of Health (MOH) has allowed the use of xuyen tam lien (Andrographis paniculata), a familiar traditional medicine, in Covid-19 treatment, according to Luong Ngoc Khe, Director of the Administration of Medical Examination and Treatment.

VIETNAM BUSINESS NEWS JULY 30

The US will not take any trade action against Vietnam

Singers perform in HCM City quarantine zones to inspire residents, frontline workers

Dozens of musicians and artists of HCM City have given special performances to inspire frontline workers and people staying in concentrated quarantine zones and COVID-19 treatment hospitals.

Rowing athletes set Vietnam's best result in Tokyo

Rowing pair Luong Thi Thao and Dinh Thi Hao have achieved Vietnam's best result at an Olympics after their performance on Thursday in Tokyo.

Viettel operates COVID-19 vaccination management platform

The military-run telecom provider Viettel has put into operation a COVID-19 vaccination management platform capable of updating 5 million shots per day.

Vietnam reports 159 new Covid-19-related deaths

Vietnam has announced 159 new deaths related to Covid-19 in eight provinces and cities, including 132 cases in HCM City.

Land fever falls flat, prices fall

The Ministry of Construction said that the real estate market is under control and stable. Land prices have decreased by 10-20 percent.

VIETNAM NEWS HEADLINES JULY 30 (Updated hourly)

Ministry reports 4,992 new COVID-19 cases on July 30 morning

 

Viettel is fastest mobile operator: report

The Vietnam Internet Performance Report Q2 released by Ookla, the global leader in testing application, showed that Viettel was the fastest mobile operator in Vietnam.

Viet Solutions helps startups amid difficulties

Covid-19 poses challenges but also opportunities for startups. Instead of groping around for development paths and accepting the high failure probability rate, they can seek support from incubators like Viet Solutions.

Task force to bump up project efficiency

The government’s establishment of a task force to resolve challenges revolving around the disbursement of registered capital for large-scale foreign-invested projects is expected to help problematic ventures push forward in implementation.

Deputy Minister of Health explains new anti-pandemic strategy in HCMC

HCMC won’t place as much emphasis as before on tracing F0 cases. Instead, it will focus on treatment to minimize the mortality rate, said Deputy Minister of Health Nguyen Truong Son, who has been in the city for 45 days.

Two Vietnamese engineers win first place at the world's leading AI competition platform

Nguyen Quan Anh Minh and Nguyen Tuan Khoi of the local messaging app Zalo have won the Show US the Data competition, organized by Coleridge Initiative on Kaggle, the world's most prestigious artificial intelligence competition platform.

Vietnam keeps tabs on digital advertising

The Vietnamese government’s new initiative on cross-border advertisement on digital platforms like YouTube, Google, and Facebook is deemed a step up from previous legislation, particularly regarding censorship and tax obligations.

Older people, people with underlying health conditions pleased about vaccinations

Waiting for their turn to have their health checked and vaccinated, people aged 65 and over and those with underlying health conditions in HCMC said they were pleased that the State cared for their health.

Vietnam’s exports up 25.5 pct in seven months

Vietnam’s export earning hit 27 billion USD in July, down 0.8 percent month-on-month and up 8.4 percent year-on-year, reported the General Statistics Office (GSO) on July 29.