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Category: EconomySubscribe via RSS Feed

PM urges firms to build scenarios to prevent operation disruption

14-Mar-2020 Intellasia | VNA | 6:02 AM

Prime minister Nguyen Xuan Phuc has urges firms to prepare scenarios to ensure they can continue operation in any circumstances. The leader made the suggestions at a meeting [...]
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Vietnam to grasp opportunities from neighbouring countries’ production resumption: PM

14-Mar-2020 Intellasia | HanoiTimes | 6:02 AM

Vietnam aims to achieve the dual target of containing the Covid-19 epidemic and maintaining high economic growth, stressed prime minister Nguyen Xuan Phuc. As neighbouring [...]
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Hanoi’s 2020 economic growth projected to slow to 6.42pct in worst scenario

14-Mar-2020 Intellasia | HanoiTimes | 6:02 AM

Hanoi, however, remains firm on reaching the GRDP growth target of at least 7.5 percent in 2020. In the worst scenario where the Covid-19 epidemic persists until the second [...]
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Alcohol industry calls for government help

14-Mar-2020 Intellasia | VNS | 6:02 AM

The high consumption of beer in Vietnam has previously attracted brewers to cash in. But now, the Vietnam Beer Alcohol Beverage Association (VBA) is asking the government for [...]
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Hanoi may lose up to $700 million in state budget revenue on Covid-19

14-Mar-2020 Intellasia | HanoiTimes | 6:02 AM

To mitigate negative impacts from the epidemic, the local tax authority said it would continue to reform administrative procedures and adopt e-tax payment scheme. Amid [...]
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Declining oil prices set to boost Vietnam’s external balance by $1.5 billion

14-Mar-2020 Intellasia | HanoiTimes | 6:02 AM

Vietnam posted net spending on offshore crude oil of nearly $1.8 billion in 2019. Vietnam’s external balance is set to improve by over $1.5 billion in 2020 as a result [...]
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2020 inflation rate rides on outbreak eventualities

14-Mar-2020 Intellasia | Vietnamnet | 6:02 AM

Vietnam is likely to experience difficulties in controlling inflation this year due to global uncertainties and unexpected price rises of many items in the local market in [...]
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Tight co-ordination needed to ensure EVFTA benefits

14-Mar-2020 Intellasia | VNS | 6:02 AM

Building an effective trade defence system is increasingly important for Vietnam. Vietnam News Agency talks to Luong Hoang Thai, director of the Multilateral Trade Policy [...]
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Transfer pricing focus in store for overseas-invested groups

14-Mar-2020 Intellasia | VIR | 6:02 AM

The extent of economic restraints caused by COVID-19 now cannot be known, but the Vietnamese economy will not grow as was estimated until recently. This will make it [...]
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Australia to help Vietnam measure contribution of technology to GDP growth

14-Mar-2020 Intellasia | The SaigonTimes | 6:02 AM

The Australian government has announced its support through its Aus4Innovation programme for a study called “Vietnam’s technological change How technology is [...]
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Vietnam ready to stabilise price of rice, pork

14-Mar-2020 Intellasia | VNA | 6:02 AM

The Ministry of Industry and Trade has asked rice traders to strictly maintain a reserve equivalent to at least five percent of their export volume in the six most recent [...]
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Agricultural production needs a boost amid COVID-19: conference

14-Mar-2020 Intellasia | VNA | 6:02 AM

Minister of Agriculture and Rural Development Nguyen Xuan Cuong has ordered the farming sector to ensure stable supply for domestic consumption and prevent food price [...]
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Automobile sales up 11pct in February

13-Mar-2020 Intellasia | VNA | 6:02 AM

The Vietnam Automobile Manufacturers’ Association (VAMA) reported on March 11 that its members sold 17,616 vehicles in February, a month-on-month increase of 11 [...]
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Ministry asks for lower pork prices

13-Mar-2020 Intellasia | VNS | 6:02 AM

Minister of Agriculture and Rural Development Nguyen Xuan Cuong said that the ministry would ask 17 big animal husbandry companies to reduce pork prices to reasonable levels. [...]
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Vietnam greenlights controversial micro apartments in big cities

13-Mar-2020 Intellasia | VN Express | 6:02 AM

Vietnam has approved a controversial regulation allowing the construction of micro apartments in commercial projects, which could intensify overpopulation in big cities. The [...]
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