Business news

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

To enter the EU market, the local businesses must have certification of origin and meet food safety requirements, Hoe said. In addition, they need to pay attention to the agreement’s commitments on increasing the environmental requirements related to fishing to avoid difficulties in seafood export, reported the Nguoi lao dong (Labourers) newspaper. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Le Thi Huynh Mai, director of the city Department of Planning and Investment, said the total retail sales of goods and service revenue during the period reached about VND827 trillion, down 3.3 per cent from the same period last year, while total budget revenue was more than VND216.7 trillion, down 17.37 per cent over the same period. Total budget expenditures were VND49.264 trillion. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

In response to the appeal of the Party General Secretary and President, Directives of the Politburo, the Party Central Committee’ Secretariat, the Prime Minister, and decrees of the Government on carrying out the dual tasks of fighting COVID-19 pandemic and boosting socio-economic development, Hanoi has put the outbreak under control, supported business and investment activities, and ensured social welfare for the public, Hue said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12

Nguyen Hoang Dung, an economist and former R&D director of the HCM City Institute of Economy and Management, said: "It is necessary to analyse the reasons why the recent support packages are difficult to disburse. If the conditions are too difficult, they can be relaxed. If banks or officials in charge of approving applications cause difficulties for businesses, that should be corrected immediately. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13