NDO - The coronavirus pandemic has caused Vietnam’s unemployment rate to hit a ten-year high, with the majority of jobs losses reported being among low-skilled and unskilled workers. (Jul 20, 2020 14:45:55)
NDO/VNA - SM Entertainment, one of the largest entertainment companies in the Republic of Korea (RoK), plans to open its first store in Vietnam, based in the southern hub of Ho Chi Minh City.
NDO – Local orchards in the Mekong Delta provinces have been revived after the prolonged drought and saltwater intrusion that severely affected local growers.
NDO/VNA – Vietnamese electric motorbike manufacturer PEGA has recently signed contracts with a value of nearly US$3 million to export two types of electric motorbikes to Cuba, after its partner in the Caribbean nation had successfully tested and assessed the products’ overall quality.
NDO/VNA – Domestic gold prices kept soaring this morning to pass the historic high on July 6, reaching VND50.32 million (US$2,172) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.
NDO/VNA – Vietnam could expect the strong growth of recent years to return next year, and will likely see its position as an offshoring location reinforced once the global economy begins to recover, as assessed by the Mckinsey & Company, a global management consulting firm.
NDO - Vietnam’s industrial production grew by a modest 2.71% in the first six months of 2020 due to the impact of the coronavirus, according to the General Statistics Office.
NDO – After a long period of “hibernation” due to the Covid-19 epidemic, with great internal effort and the practical support of the Government and their partners, domestic airlines have recovered impressively and expanded their markets and are ready and willing to reopen international routes as permitted.
NDO – A fair introducing Thai products to Vietnamese customers opened in the Mekong Delta city of Can Tho on July 3, offering a chance to connect trade between Vietnamese and Thai businesses.
NDO/VNA - Squid and octopus exports fell by 21.2% year-on-year in the first five months of the year to US$192 million as demand was hit by COVID-19, according to the Vietnam Association of Seafood Exporters and Producers.
NDO – Binh Duong and Dong Nai provinces’ economic growth are still showing positive signals, despite the COVID-19 pandemic having laid negative impacts upon the socio-economic situation in the two locomotives of the southern key economic region.
NDO/VNA – Vietnamese lychee was officially put up for sale in Singapore’s FairPrice supermarket chain, making the first year when the specialty fruit has been imported from the Southeast Asian country on a large scale.
NDO - It was thought that Vietnamese lychee would “miss an opportunity” on the Japanese market in the first year they were licensed for export due to Covid-19; however, the first batches of lychees still reached the market in time, opening up an opportunity to diversify the market and affirm the brand and quality of Vietnamese lychee.
NDO – Hanoi authorities have devised two growth scenarios for the remaining six months of the year, as the Municipal Party Committee convened its 24th session on June 30.
