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
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VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10
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
Drug retailers in fierce compettion for bigger share of $16 billion market
The drug market is described as "the goose that lays golden eggs" because of its promised high profits. Nikkei reported that the Japanese drug chain Matsumotokiyoshi Holdings is planning to expand business to Vietnam. The company said the activities in Vietnam would be carried out in cooperation with the HCM City-based Lotus Food. … [Read more...] about Drug retailers in fierce compettion for bigger share of $16 billion market
