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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

According to the organising board, the participation of quite a few exhibitors of fruits from Italy and other countries around the world is a good chance for Vietnamese enterprises, distributors and importers to learn and look for business cooperation in the context that the EU-Vietnam Free Trade Agreement (EVFTA) has been effective since August 1, with many preferential tariffs. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

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

Le Thi Huynh Mai, director of the city Department of Planning and Investment, said the total retail sales of goods and service revenue during the period reached about VND827 trillion, down 3.3 per cent from the same period last year, while total budget revenue was more than VND216.7 trillion, down 17.37 per cent over the same period. Total budget expenditures were VND49.264 trillion. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

The contents of the investigation include identifying information of the enterprises (name, address, telephone, fax, email, tax code, type of economy, main business line); the situation of production and business activities of enterprises; solutions of businesses to respond to the effects of COVID-19; evaluate the effectiveness of Government solutions to support businesses; and information on the competitiveness of businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12