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Saturday,  04/04/2020
Vietnam’s manufacturing drops to record low in March due to pandemic
Vietnam’s manufacturing drops to record low in March due to pandemic
Hanoi (VNS/VNA) - The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on April 1 showed. The COVID-19 pandemic had a negative impact on the Vietnamese manufacturing sector during March. (Photo: ndh.vn) The COVID-19 pandemic had a negative impact on the Vietnamese manufacturing...
Vietnam’s economy robust in 2019: ADB
Vietnam’s economy robust in 2019: ADB
Hanoi (VNA) – Vietnam’s economy remained robust in 2019, with expansion underpinned by strong domestic demand, resilient manufacturing, and solid foreign direct investment, according to a report released by the Asian Development Bank (ADB) on April 3. Illustrative image (Photo: VNA) However, the growth is forecast to decelerate significantly in 2020, with risks to the downsize as the COVID-19...
Vietsovpetro joins International Maritime Contractors Association
Vietsovpetro joins International Maritime Contractors Association
Hanoi (VNA) - Vietnam-Russia oil and gas joint venture (Vietsovpetro) has officially become a member of the International Maritime Contractors Association (IMCA). Illustrative image (Photo: VNA) This is an important milestone affirming Vietsovpetro’s brand in providing offshore marine services in the domestic and international markets. Recognising the importance of developing external services in parallel with oil and gas exploration...
Exporters advised to stay ready for orders from Europe
Exporters advised to stay ready for orders from Europe
Brussels (VNA) – Vietnamese exporters have been advised to make preparations so as to stay ready for orders from Europe when the EU-Vietnam Free Trade Agreement (EVFTA) takes effect and the COVID-19 pandemic is stamped out. Illustrative image (Photo: VNA) Trade between Vietnam and the EU usually declines in the first three months of a year as there are...
MoIT proposes reopening of auxiliary border gates with China
MoIT proposes reopening of auxiliary border gates with China
Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) has proposed Prime Minister Nguyen Xuan Phuc permit customs clearance of goods through auxiliary border gates on the Vietnam-China border. Tan Thanh is one of the auxiliary border gates in the northern province of Lang Son (VNA) The proposal aims to boost the volume of import and export goods...
Hanoi’s businesses asked to promote operations amid pandemic
Hanoi’s businesses asked to promote operations amid pandemic
Hanoi (VNA) – Politburo member and Secretary of the Hanoi Party Committee Vuong Dinh Hue has asked local enterprises to step up operations while preparing their response plans for the COVID-19 pandemic. The meeting between Secretary of the Hanoi Party Committee Vuong Dinh Hue and the Party Organisation of the Hanoi Business Bloc on March 24 (Photo: VNA) At...
Vietnam calls for investment in fruit, vegetable processing
Vietnam calls for investment in fruit, vegetable processing
Hanoi (VNS/VNA) - Vietnam is in need of major investors in fruit and vegetable production in order to boost processing, especially in the packaging and post-processing stages, to preserve products for longer and enhance their value. A mango processing line at Nafood Group in the southern province of Long An (Photo: VNA) The information was released by General Secretary...
Pandemic has little impact on Vietnam’s shrimp exports
Pandemic has little impact on Vietnam’s shrimp exports
Hanoi (VNS/VNA) - The domestic shrimp industry has not faced a great impact from the novel coronavirus-caused acute respiratory disease (COVID-19) because now this industry is under production and Vietnam will enter its shrimp harvesting crop in August. Vietnam has targeted to gain a total export value of 4-4.2 billion USD from shrimp exports this year. (Photo: nhandan.com.vn) According...
Experts optimistic about industrial property prospects
Experts optimistic about industrial property prospects
Hanoi (VNS/VNA) - Experts are optimistic about industrial property development prospects in Vietnam, given the country’s rapid integration and improving investment climate. Illustrative image (Photo: haiquanonline.com.vn) Economic expert Le Xuan Nghia said that Vietnam was part of a number of free trade deals, which together with the Government’s open policies, made Vietnam an increasingly attractive destination to foreign...
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