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Saturday, July 27, 2024

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Vietnam Economy

Ineffective sugarcane farming areas allowed to convert to other crops

CAN THO – The Government has given the green light to converting ineffective sugarcane farming areas and restructuring lossmaking or low-performing sugar mills in...

EU announces import quotas for Vietnam’s farm produce

HCMC – The European Commission (EC) on July 15 publicized import quotas for Vietnam’s rice and some agricultural products and clarified methods of quota...

More stimulus measures needed for growth: PM

HCMC – As Covid-19 has slowed down the local economy, more drastic measures need to be worked out to stimulate manufacturing activities, including plans...

Fitch Ratings says Vietnam outperforms among Asia’s frontier sovereigns

HCMC – According to Fitch Ratings, the American credit rating agency, Vietnam is positioned to stand out among Asia’s frontier and emerging markets this...

Localities heavily dependant on tourism post negative growth: official

HCMC – The coronavirus pandemic has severely affected many provinces and cities nationwide that are heavily dependant on tourism and related services, leaving their...

Vietnam should spur economic growth alongside inflation control: PM

HCMC – Vietnam should enhance efforts to attain a high economic growth this year, alongside ensuring fundementals of the national economy and curbing inflation...

Australia, WB commit additional AUD5 million for Vietnam’s post-Covid-19 recovery

HCMC – The Australian Government and World Bank Vietnam have committed to contributing an additional AUD5 million to the Australia-World Bank Strategic Partnership –...

Vietnam’s logistics industry hit hard by Covid-19 pandemic

HCMC - The Vietnamese logistics industry is among those hit the hardest by Covid-19, as the unpredictability and duration of the pandemic have presented...

FDI transfer pricing on the rise

HCMC – A report by the Vietnam Institute for Economic and Policy Research (VERP) revealed that several foreign-invested enterprises have been reporting losses for...

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