Steep decline in manufacturing output amid COVID-19 outbreak

Steep decline in manufacturing output amid COVID-19 outbreak

The current wave of the COVID-19 pandemic in Vietnam led to further disruption across the manufacturing sector during July.
Government to cut costs of electricity, water, and telecommunications for citizens

Government to cut costs of electricity, water, and telecommunications for citizens

To aid people affected by the COVID-19 pandemic, the government will reduce the price of electricity, followed by water and telecommunications fees.
Government allocates additional 221 mln USD to buy equipment, supplies serving COVID-19 fight

Government allocates additional 221 mln USD to buy equipment, supplies serving COVID-19 fight

The Government has supplemented 5.1 trillion VND (221.6 million USD) from the State budget reserve for 2021 for the Health Ministry's budget spending estimate to purchase medical equipment and supplies, biological products....
Leadership vows to aim for prosperous future

Leadership vows to aim for prosperous future

Vietnam has confirmed its leadership for the 2021-2026 tenure, laying a firm foundation for the country to move ahead and flourish over the next five years and beyond.
Four trade associations propose to buy vaccines for member companies from UAE

Four trade associations propose to buy vaccines for member companies from UAE

Four trade associations have sought the government's approval to buy COVID-19 vaccines from a company in the UAE to provide free injections to their employees.
Vietnamese data centre market to grow at 14.64 per cent a year until 2026

Vietnamese data centre market to grow at 14.64 per cent a year until 2026

The Vietnamese data centre market stood at $858 million in 2020 and is forecast to grow at a compound annual growth rate of over 14.64 per cent until 2026.
Vietnam ranks third in logistics performance index in ASEAN

Vietnam ranks third in logistics performance index in ASEAN

Vietnam ranks 39th among 160 countries and territories, and third in the Association of Southeast Asian Nations (ASEAN) in logistics performance index (LPI), heard a workshop held by the Ministry of Industry and Trade (MoIT) on July 30.
E-commerce groups tapping into ditigal market growth

E-commerce groups tapping into ditigal market growth

Vietnam’s fast-growing digital economy is hoping to lure big foreign funding to cash in on the enormous potential – although whittling down the use of physical cash could take a lot longer.
Shrewd activities resulting in banking bonuses for 2021

Shrewd activities resulting in banking bonuses for 2021

Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
Domestic vaccines reach ever closer

Domestic vaccines reach ever closer

Vietnam is attempting to ensure a sufficient supply of COVID-19 vaccines as soon as possible, with locally-made Nano Covax hopefully getting the thumps-up to be approved for emergency use, and therefore easing the reliance on overseas imports.
Recycling policies for patchwork vehicles to rid cities of unwanted auto wastage

Recycling policies for patchwork vehicles to rid cities of unwanted auto wastage

Despite something of a blow to manufacturers’ bottom line, the establishment of an organised recycling industry to push vehicle manufacturers to efficiently dispose of older vehicles could help promote environmental awareness in the industry and solve mounting waste issues at the same time.
Exporters yearning for switch to global payment terms to protect business

Exporters yearning for switch to global payment terms to protect business

Many local exporters, who want to switch their export methods to shun risks caused in the international freight market, aim to take control over shipping lines and freight insurance previously under the responsibility of overseas buyers – but the route ahead is not without hurdles.
Textilers adhering to strict measures

Textilers adhering to strict measures

Despite positive results in the first half of 2021, textile and garment businesses are facing enormous challenges to maintain their manufacturing activities during a social distancing period in the south.
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