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Sunday,  07/05/2020
Manufacturing output returns to growth in June
Manufacturing output returns to growth in June
Hanoi (VNS/VNA) - The Vietnamese manufacturing sector returned to growth in June as success in suppressing the coronavirus pandemic and greater business confidence helped lead to renewed expansions in output and new orders. The Vietnamese manufacturing sector returns to growth in June as success in suppressing the coronavirus pandemic. (Photo: VNA) A survey of Nikkei and IHS Markit released...
Prime Minister directs support for SMEs
Prime Minister directs support for SMEs
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has requested ministries, ministerial-level agencies, localities, and associations promote the effective implementation of the law on supporting small-and medium-sized enterprises (SMEs). Illustrative image (Source: VNA) He asked them to improve guidance documents and seek more solutions to bring SME support policies into reality. The Ministry of Planning and Investment was tasked...
Squid, octopus exports down 21.2 percent
Squid, octopus exports down 21.2 percent
HCM City (VNA) - Squid and octopus exports fell by 21.2 percent year-on-year in the first five months of the year to 192 million USD as demand was hit by COVID-19, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Purchase by the Republic of Korea, traditionally Vietnam’s largest buyer of squid and octopus, accounting for 42.6...
Transport Ministry to start seven projects in H2
Transport Ministry to start seven projects in H2
Hanoi (VNA) – The Ministry of Transport will start construction work on seven key projects in the second half of this year, heard an online conference on the ministry’s tasks for the six remaining months held in Hanoi on June 30. Upgrades to runways and taxiways at the Noi Bai and Tan Son Nhat international airports have begun recently...
OCOP store opens in Lang Son city
OCOP store opens in Lang Son city
(LSO) - The An Gia Green Investment and Development Ltd Co, on June 28 inaugurated a store selling products from the “One Commune, One Product” (OCOP) programme at No 115 Tran Dang Ninh street, Tam Thanh ward, Lang Son city. On sale are 11 OCOP products of three- or four-star standards produced across many districts and cities in Lang...
Tan Son Nhat airport’s runway to be closed for maintenance
Tan Son Nhat airport’s runway to be closed for maintenance
Hanoi (VNA) – The Civil Aviation Authority of Vietnam (CAAV) has decided to close a runway and some taxiways at Ho Chi Minh City-based Tan Son Nhat International Airport for maintenance and upgrade starting from July 1. Tan Son Nhat International Airport (Photo: VNA) Accordingly, the 25R/07L runway and E1, NS1, W4 and W6 taxiways will be closed until...
COVID-19-induced uncertainty affects bond markets
COVID-19-induced uncertainty affects bond markets
Hanoi (VNS/VNA) – The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity. Vietnam’s local currency bond market posted a healthy 9.5 percent quarter-on-quarter growth in the first quarter of 2020 to reach 57.6 billion USD at...
Deputy Finance Minister suggests speeding up public capital disbursement
Deputy Finance Minister suggests speeding up public capital disbursement
Hanoi (VNA) – There remains difficulties in the disbursement of public investment capital between now and the year-end due to COVID-19, said Deputy Finance Minister Tran Xuan Ha during a teleconference on June 25. Deputy Finance Minister Tran Xuan Ha speaks at the event (Photo: VNA) As of June 24, foreign capital disbursement surpassed 7.4 trillion VND (321 million...
Reference exchange rate up 2 VND
Reference exchange rate up 2 VND
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on June 26, down 2 VND from the previous day. Illustrative photo (Source: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,929 VND/USD and the floor rate 22,535...
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