Wood export turnover grows 16 percent in Q1

Wood export turnover grows 16 percent in Q1

NDO/VNA – Vietnam's export value of wood and wooden products reached US$2.7 billion in the first quarter of 2020, representing a year-on-year increase of over 16 percent, according to the Ministry of Agriculture and Rural Development.  (7 hours ago)


Vietnamese enterprises warned about fraud risk with Moroccan firm

  12 hours ago
NDO - The Trade Office of the Vietnamese Embassy in Morocco has warned Vietnamese exporters and plastic exporters in particular, not to conduct transactions with Moroccan company FISHERLAB SARL to avoid risks. 

Vietnam sees eight exports post revenues of US$1-plus billion

  Apr 06, 2020 18:32:48
NDO - Eight of Vietnam’s exports have recorded respective revenues of US$1 billion and over, data as of mid-March released by the General Department of Customs has shown. 

CPTPP expected to facilitate institutional reform

  Apr 06, 2020 18:11:47
NDO – The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to create more impetus for Vietnam’s economic development and especially in the promotion of institutional reforms, if there is willingness and adaptability from Vietnamese policy-making agencies and the business community. 

Promptly disbursing preferential capital to support epidemic-hit businesses

  Apr 06, 2020 16:43:56
NDO – In the implementation of the Government’s solutions and directions concerning COVID-19 prevention and control, the banking sector has actively supported both people and businesses in addressing difficulties through disbursing support packages and reducing lending interest rates, contributing significantly to stabilising the macroeconomy and people’s lives. 

Thai melamine maker ramps up investment in Vietnam

  Apr 06, 2020 15:37:16
NDO/VNA - Leading melamine maker of Thailand Srithai Superware Plc is pushing up investment in Vietnam, a country with relatively high growth opportunities. 

HCM City’s GRDP estimated at US$14.26 billion in Q1

  Apr 06, 2020 11:00:31
NDO/VNA – Ho Chi Minh City’s gross regional domestic product (GRDP) has been estimated at VND335.6 trillion (US$14.26 billion) in the first quarter of 2020, up 0.42% year-on-year. 

Vietnam strives to maintain economic growth momentum amid Covid-19

  Apr 06, 2020 10:42:46
NDO - The global economy has shown clear signs of recession in the first quarter of 2020 due to the unexpected shock of the Covid-19 pandemic. Global growth in 2020 is expected to slow to zero or even enter the negative territory. What faces each country is how to act to make sure their economy is resilient and ready for a quick recovery after the pandemic is contained. 

Vietnam to suspend labour export until end of April

  Apr 05, 2020 16:06:33
NDO/VNA – The Ministry of Labour, Invalids and Social Affairs (MoLISA) on April 5 asked the Overseas Labour Management Department to order businesses to suspend sending workers abroad until the end of April. 

Vietnam should mull over rescue measures if Covid-19 persists: experts

  Apr 05, 2020 15:01:58
NDO - The Vietnamese government should consider stronger economic rescue measures if the new coronavirus (Covid-19) epidemic stretches into the third or fourth quarter of 2020, a group of experts have recommended. 

RoK to offer 5% preferential import tax on over 55,000 tonnes of Vietnamese rice

  Apr 04, 2020 17:59:59
NDO – The Republic of Korea (RoK) is expected to import 50% of its total quota of 55,112 tonnes of rice from Vietnam in the tender scheduled this May with a preferential import tax rate of 5%. 

Transport Ministry streamlines more than 380 business regulations

  Apr 04, 2020 11:54:13
NDO – The Ministry of Transport has so far reduced and simplified 384 out of 570 business regulations to facilitate enterprises following a directive from the Government, the ministry said on April 3. 

More sectors to be eligible for tax, land lease payment extension

  Apr 03, 2020 20:53:05
NDO/VNA – The Ministry of Finance has suggested adding four sectors into the list of industries eligible for extension of tax and land lease payment deadlines with a total sum of VND180 trillion (US$7.82 billion). 

Binh Duong’s exports reach US$5.8 billion

  Apr 03, 2020 17:46:46
NDO – Despite the negative effects of the COVID-19 pandemic, the southern province of Binh Duong earned over US$5.8 billion from outbound shipments in the first quarter of the year, up 3.6% over the same period of 2019, according to the Chairman of the provincial People’s Committee Tran Thanh Liem. 

Banks continue moves to support epidemic-impacted customers

  Apr 03, 2020 17:36:51
NDO – The Saigon - Hanoi Commercial Joint Stock Bank (SHB) on April 3 announced the implementation of a credit package worth VND25 trillion (approximately US$1.05 billion) in a move to support its customers amid the COVID-19 outbreak.