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
Commemorate september 11
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 BUSINESS NEWS JANUARY 15
Lan made the statement during a reception for Korean Ambassador to Vietnam Park Noh-wan on January 13, during which she called on Korean investors to pour more investment into Bac Ninh in the time to come, especially in development of smart cities, education-training, hi-tech agriculture, supporting industry, environmental protection and energy saving, and automobile and component manufacturing. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15
Hai Phong’s favorite baguette stall that offers only 2 options
Quoc Tung, 27, who lives on Van Cao Street, a few kilometers away from the place, stops by four times a week. The bread is addictive and the pate is flavorful and fatty, and much tastier than at other places, he said. … [Read more...] about Hai Phong’s favorite baguette stall that offers only 2 options
VIETNAM NEWS JANUARY 15
Speaking at the opening ceremony, Minister of Transport Mr. Nguyen Van The stated that this would not only be a very important project, connecting with the economic hubs of the Mekong Delta but also open a new road linking Ho Chi Minh City with the southwestern provinces; thereby playing an important role for the promotion of socio-economic development, ensuring national security and defense of the region. In addition, the project success also demonstrates the friendship between Vietnam and the Republic of Korea. … [Read more...] about VIETNAM NEWS JANUARY 15