Busy week ahead

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

By 2015, NFIS set targets to have at least 80 per cent of adults having bank accounts or accounts with other authorised organisations, at least 20 branches and transaction offices of commercial banks per 100,000 adults, at least 50 per cent of the total number of communes that have financial service points, at least 25 per cent to 30 per cent of adults depositing at savings credit institutions. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12

A survey done by the HCM City Union of Business Associations in August on the status of businesses in the city found 84 per cent of them faced difficulty or great difficulty in restoring their production and business activities after the pandemic, 9 per cent had started to overcome the difficulties and only 5 per cent had returned to normal. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13

Korean Broadcasting System (KBS) selects a terrace of a high-rise hotel in the city to record the event. — Photo facebook Reuters quoted the White House as saying that US President Donald Trump would meet DPRK chairman leader Kim Jong Un at the Sofitel Legend Metropole Hanoi at 6.30pm (local time) and have a 20-minute one-on-one conversation before a dinner with aids. … [Read more...] about Luxury Hotels in Hà Nội fully booked ahead of Trump-Kim Summit

Beijing has said it firmly opposes Trump’s executive orders and on Aug. 28 moved to give itself a say in the process, revising a list of technologies that will need Chinese government approval before they are exported. Experts said TikTok’s recommendation algorithm would fall under this list. … [Read more...] about Exclusive: China would rather see TikTok U.S. close than a forced sale