vietnam economy

Update news vietnam economy

Startups lose money amid Covid-19 wave

Many cinemas, travel firms and restaurant chains have been hit hard by the pandemic, but startups are also struggling to overcome difficulties.

Don’t blame merchants for higher prices: ministry

Reporting on the effects of the Prime Minister Directive 16 in southern provinces, Taskforce 970 said that production and consumption of farm produce have become stable but prices of some seafood, poultry meat and pork have begun increasing again.

Stronger solutions needed to support businesses

The State Bank of Vietnam and the Government must offer stronger solutions to resolve the current problems pertaining to debt structuring, interest rate reduction, and support to businesses facing crisis. 

Vietnam’s major corporations earn high profits

In the first half of 2021, Vietnamese businesses faced many difficulties. However, in the second quarter, when the covid-19 epidemic was not as tense, many major corporations still earned high profits.

Central farmers make efforts to maintain cultivation during Covid-19 pandemic

Drought and the Covid-19 pandemic have been heavily affecting the lives of people across the country and the Central of Vietnam.

Priorities for economic recovery policies toward the end of 2021

In the first half of 2021, Vietnam in general achieved considerable growth targets in the context of a stable macro environment.

Vietnam becomes Australia’s biggest shrimp supplier

Vietnam’s shrimp exports to Australia surged 81% year-on-year to US$88.7 million in the first half of 2021, becoming the Oceania country’s biggest shrimp supplier.

Not much room for growth, bottlenecks must be urgently removed: Minister

Recognizing that there is not much room for growth, the Minister of Planning and Investment suggested that along with strengthening measures to prevent and control the Covid-19 epidemic, it is necessary to urgently remove bottlenecks in the economy.

'Three on-the-site' model to be adjusted to maintain production in the south

Deputy Minister of Industry and Trade Do Thang Hai said the ‘three on-the-site’ is a good model, but southern provinces have found it difficult to implement.

Social distancing orders take toll on economic prospects

The health crisis is becoming increasingly complex and expected to continue drawing a grey economic picture in the region.

High interest rates lure investors to real-estate firm bonds

Experts have expressed concern about property bubbles and the risks to the macroeconomy as real estate firms are issuing corporate bonds at high interest rates.

Mekong Delta provinces strive to maintain advantage of shrimp industry

The Mekong Delta is the main shrimp farming and exporting area of the country.

Vietnamese export goods do not carry SARS-CoV-2 virus: MoIT

Minister of Industry and Trade (MoIT) affirms that Vietnam's export goods do not contain the SARS-CoV-2 virus, unlike some sources have stated.

Apparel sector faces supply chain disruption

Stagnant business and production activities as a result of the impact of Covid-19, increased pressure over delivery to partners, and high transport costs are threatening the supply chains of the apparel sector.

ASEAN Online Sale Day 2021 attracts 300 businesses

ASEAN Online Sale Day 2021, the biggest online shopping event of all ASEAN consumers, is scheduled to begin at 00.00hrs on August 8 and last through to 24.00hrs on August 24.

Vietnamese billionaires face unprecedented difficulties

Vietnam's leading corporations are making efforts to provide essential goods and services to the people amid the Covid-19 pandemic, which has severely affected their operations and business goals.

Vietnam’s current account surplus forecast at 6.2% of GDP in 2021

Vietnam’s current account surplus is forecast at 6.2 per cent of GDP in 2021 and will narrow over the coming decade as part of a general long-term narrowing trend.

Businesses dig deep to make sure they come out on other side of pandemic intact

Businesses in Vietnam are making all efforts to survive the fourth wave of COVID-19 which is battering the country.

Reform measures prepare for post-pandemic period

When the pandemic ends, demand will increase and the economy will recover. To prepare for this, it’s necessary to carry out strong reform and create the most favorable business environment for enterprises.

Deposit interest rates plummet, people pour money into other investment channels

Commercial banks have reported a sharp fall in deposits as interest rates are now at a 10-year low and people seek other investment channels.