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Category: EconomySubscribe via RSS Feed

PM expects economy to rebound swiftly post-pandemic

14-Apr-2020 Intellasia | The Saigon Times | 6:02 AM

Prime minister Nguyen Xuan Phuc has asked local authorities nationwide to strictly apply socioeconomic stability measures to help the country’s economy rebound strongly [...]
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Covid-19 sends HCM City’s budget collection tumbling

14-Apr-2020 Intellasia | The Saigon Times | 6:02 AM

HCM City collected VND947 billion for the State budget each day in March, dipping by 31 percent year-on-year and accounting for only 57.9 percent of the target, set at [...]
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Administrative Fines Imposed on Employers with No Social, Health Insurance for Domestic Workers

14-Apr-2020 Intellasia | VCCI News | 6:02 AM

According to government Decree 28/2020/ND-CP, effective from April 15, 2020, on administrative fines on violations in labour, social insurance, contractual manpower export, [...]
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Vietnam to disburse $30bln of public investment funds this year to tackle virus impact

14-Apr-2020 Intellasia | Reuters | 6:02 AM

Vietnam will aim to disburse $30 billion in public investment funds this year, up 67 percent year-on-year, the government said on Friday, as it seeks to boost an economy hit [...]
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Finance Ministry aims to suspend ordinary rice exports

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

The Ministry of Finance wants the government to suspend exports of ordinary rice to ensure national reserves are full. The ministry suggested suspending exports until June [...]
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CAAV proposes urgent support for aviation firms

14-Apr-2020 Intellasia | The Saigon Times | 6:02 AM

The Civil Aviation Administration of Vietnam (CAAV) has proposed that the government provide urgent support for aviation firms, which have been badly affected by the [...]
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Da Nang posts sharp increase in domestic investment

14-Apr-2020 Intellasia | Nhan Dan | 6:02 AM

Da Nang has attracted four investment projects by domestic investors since early this year, with total registered capital of over VND8.6 trillion (US$369 million), 4.72 times [...]
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Vietnam cuts electricity price to ease Covid-19 burden

14-Apr-2020 Intellasia | Vnexpress | 6:02 AM

The government has given the thumbs up to a proposed electricity price discount of 10 percent for the months of April, May and June. The proposal by the Ministry of Industry [...]
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Agricultural businesses see changes in market share due to epidemic

14-Apr-2020 Intellasia | VOV | 6:02 AM

Vietnam’s export of agricultural products to major markets globally has undergone a shift in market share as a result of the impact of the COVID-19 epidemic, with the [...]
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Wood export turnover grows 16pct in Q1

11-Apr-2020 Intellasia | VNA | 6:02 AM

Vietnam’s export value of wood and wooden products reached 2.7 billion USD in the first quarter of 2020, representing a year-on-year increase of over 16 percent, [...]
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Oversupply and COVID-19 pandemic combine to slow tea exports

11-Apr-2020 Intellasia | VOV | 6:02 AM

Vietnam’s tea exports to major foreign markets such as Taiwan, China, and Russia have significantly dropped as a result of oversupply and the ongoing impact of the [...]
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Vietnam government lowers FIT for solar power projects

11-Apr-2020 Intellasia | Hanoi Times | 6:02 AM

The new feed-in-tariffs will be valid for 20 years. The Vietnamese government has enacted a list of new feed in tariffs (FITs) for solar power in Vietnam that is lower than [...]
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PM approves decree on postponement of tax and land use fee payments

11-Apr-2020 Intellasia | VNS | 6:02 AM

Prime minister Nguyen Xuan Phuc on Wednesday approved Decree No 41/2020/ND-CP about the extension of deadlines for tax and land use fee payments to support businesses [...]
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Invigorating investors with PPP draft

11-Apr-2020 Intellasia | VIR | 6:02 AM

The Ministry of Planning and Investment has released the latest draft Law on Public-Private Partnerships in a move to make a fresh shift towards a specific and consolidated [...]
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Vietnam still ranks among fastest growing economies in Asia despite Covid-19

11-Apr-2020 Intellasia | The Saigon Times | 6:02 AM

Vietnam’s economic growth rate in 2020 is forecast to drop sharply to 4.8 percent due to the impact of Covid-19, but it will remain one of Asia’s fastest growing [...]
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