Mr. Nguyen Phuong Dong, Deputy Director of the Department of Industry and Trade of HCMC, said that the industry and trade had made great efforts to overcome difficulties, sticking to the dual goal of both preventing the Covid-19 pandemic and developing the economy in 2020. The retail industry, with the support of e-commerce, had become the fulcrum for the whole service sector, which is most heavily affected by the Covid-19 pandemic. The wholesale and retail trade sector accounted for 25.2 percent of the service sector, equivalent to 15.7 percent of the city's gross regional domestic product (GRDP). It was the industry that attracted the most foreign direct investment (FDI) in 2020, with 418 projects worth US$233.2 million of newly-registered capital. Total retail sales of goods reached more than VND759.71 billion, an increase of 11.9 percent year-on-year. In 2021, the industry and trade set an increase of 5 percent in the index of industrial production (IIP) of the whole industry. Of … [Read more...] about HCMC’s total retail sales of goods rise 11.9 percent in 2020
Attacks of september 11 2001
Ha Tinh: Cross-border drug transporter caught with 11 kg of drugs
Ha Tinh (VNA) – A 37-year-old man has been arrested in the central province of Ha Tinh for transporting eight kilogrammes of ketamine and three kilogrammes of methamphetamine, the provincial border guard said on January 14. Tran Ngoc Nam was caught red-handed with the drugs at around 7:20pm on January 13 as his car was stopped by local anti-drug forces on National Highway 8A crossing Son Kim 1 commune, Huong Son district. Nam, who comes from Son Tra district, the central city of Da Nang, later confessed he was hired by a Lao national to ship the drugs from Ha Tinh’s Cau Treo International Border Gate, a border crossing between Vietnam and Laos, to a person in the northern city of Ha Phong. The investigation into the case is ongoing./. … [Read more...] about Ha Tinh: Cross-border drug transporter caught with 11 kg of drugs
VIETNAM NEWS JANUARY 15
An Phu Company which is responsible for the afforestation and forest management project was also shamed after 15.4 cubic metres of timber was found under three holes in their forest areas. The police launched an investigation into deforestation and Lam Dong People's Committee fined the company VND251m (USD10,800) for illegally building 14 houses and illegally converting 28ha of forest land for other usage. … [Read more...] about VIETNAM NEWS JANUARY 15
VIETNAM BUSINESS NEWS JANUARY 15
Insiders said leather-footwear production is mostly limited to Cut, Make, Trim activities, and exports were mostly done via intermediaries rather than directly with importing brands. Companies involved often lack human resources for information updates on markets and customers. Most of them produce goods following orders. Their reliance on imported materials also hinders them from meeting origin rules set by new-generation free trade agreements. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15
Man United face title test in Liverpool showdown
But Solskjaer, who appeared in danger of the sack, deserves credit for dragging United back into contention and a first win against Liverpool since 2018 would be the perfect way to show their challenge is more than a flash in the pan. … [Read more...] about Man United face title test in Liverpool showdown