soaring petrol price impacting multitude of industries

Soaring petrol price impacting multitude of industries

A surge in the world’s oil price, which has resulted in another escalation in fuel price in the domestic market, is benefiting oil and gas businesses, but causing difficulties for other producers and pressurising the government’s efforts to rein in inflation.
vietnam covers bases thanks to us vaccine schemes

Vietnam covers bases thanks to US vaccine schemes

Vietnam’s battle to be rid of the coronavirus pandemic is expected to become more effective thanks to fresh commitments from the United States to help the Southeast Asian nation ensure health and safety for all.
loans central to public debt restructuring

Loans central to public debt restructuring

An expansion in public debt over the next two years is aimed to support the country’s Programme on Socioeconomic Development and Recovery, with some upcoming assistance from the international community for the nation.
gofood orders in vietnam doubled in q12022

GoFood orders in Vietnam doubled in Q1/2022

Gojek, Southeast Asia’s leading mobile on-demand services platform, on April 28 revealed new insights into changes in consumer food consumption habits and online food delivery trends in Q1/2022.
bumper brit partnerships being boosted

Bumper Brit partnerships being boosted

Vietnam and the United Kingdom are seeking new momentum to further raise investment and trade cooperation via a bilateral trade agreement already taking into force, and the UK’s hoped-for entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
disbursement simplification in the works to propel economy

Disbursement simplification in the works to propel economy

The Vietnamese government is accelerating official development assistance disbursement, which remains at a slow pace, as one of the key propellants for further economic growth. Simultaneously, new priorities for using this type of capital are being set out.
inclusive group objectives outlined

Inclusive group objectives outlined

The Vietnamese government has been suggested to spur on the development of inclusive businesses as a key driver for realising its efforts in poverty reduction.
mekong delta on its way to achieve water food and energy sustainability for all

Mekong Delta on its way to achieve water, food, and energy sustainability for all

On February 28, the Vietnamese government approved the Mekong Delta Integrated Regional Masterplan, the first one of its kind. Dutch Ambassador to Vietnam Elsbeth Akkerman and Paul Bergsma, representative of consultancy firm Royal Haskoning DHV, talked with VIR’s Thanh Tung about the issues and significance of this master plan.
digitalisation placed on asean agenda

Digitalisation placed on ASEAN agenda

With the entire ASEAN just agreeing upon upgrading trade, investment, and digital cooperation as one of the key pillars for boosting intra-bloc ties, Vietnam is offering many opportunities to further develop its digital economy, facilitating economic activities.
exporters endeavouring to avert conflict induced delays

Exporters endeavouring to avert conflict-induced delays

The Russia-Ukraine conflict is tormenting agricultural exporters who have managed to seek out solutions to shun and limit risks caused by disruptions resulting from the escalating situation.
bac a bank deploys swift money transfer feature

Bac A Bank deploys swift money transfer feature

On March 7, Bac A Bank officially launched a new payment method with VietQR code on its mobile app in a bid to provide a more convenient payment solution for users.
eu nations ready to support asean in green development

EU nations ready to support ASEAN in green development

As the European Union and ASEAN strengthen ties via a new biennial trade and investment programme, Vietnam is also closely working with the EU to further cooperation, while the country’s journey to a low-carbon economy is also receiving major assistance from the bloc.
indo pacific strategy heads long term american matters

Indo-Pacific strategy heads long-term American matters

The road for Vietnam and the United States to officially elevate their existing comprehensive partnership to a strategic one is shortening, expected to help both nations to further increase their investment and trade relationship with more favourable mechanisms set to be created.
th group commences construction of foodstuff factory in thai binh

TH Group commences construction of foodstuff factory in Thai Binh

On February 18, TH Group commenced the construction of a foodstuff factory in Quynh Trang commune in the northern province of Thai Binh’s Quynh Phu district, marking an important milestone on the company's journey to bring consumers nutritious and safe products such as fresh milk, vegetables, and drinking water, among many others.
phasing out single use plastic bags

Phasing out single-use plastic bags

Pollution has been mounting in Vietnam with the growing use of nylon bags and plastic products, which must be replaced with more environmentally friendly alternatives while improving consumer awareness.