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)

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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

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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

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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

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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. 

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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

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