The consumer price index (CPI) is projected to increase by between 3.5 percent and 4 percent this year, according to experts at a seminar held in Hanoi on July 2, which focused on national market and price movements in H1 and forecasts for the whole year.

The report found that the domestic textile and garment industry lacks sufficient domestic supply of materials.

The development of 5G in Việt Nam will be the foundation for innovation for all economic sectors in the country, said Nguyễn Phong Nhã, deputy general director of the Authority of Telecommunications under the Ministry of Information and Communications.

A new wave of foreign direct investment driven by global events such as the US-China trade war and the COVID-19 pandemic is imminent in Việt Nam, and it will have a much bigger impact on the economy than previous FDI inflows, according to investment fund VinaCapital.

Fitch Solutions have revised up its 2020 real GDP growth forecast for Vietnam slightly to 3 percent, from 2.8 percent previously.

Minister of Planning and Investment Nguyen Chi Dung has asked localities to bring their advantages into full play to welcome a wave of shifting FDI over the next six months.

Local gold prices eased lightly on Thursday after soaring to its 8.5 year highest near VND50 million (US$2,168) per tael (1.2 ounce) on Wednesday. A...

TikTok, the leading destination for short-form mobile video, has recently introduced a new global platform called TikTok for Business, aiming to help brands tell their stories in a more creative and engaging way.

Local gold prices eased lightly yesterday after soaring to its 8.5 year highest near VNĐ50 million (US$2,168) per tael (1.2 ounce) on Wednesday. A same trend was reported in the global market.

Prime Minister Nguyen Xuan Phuc asked for more measures to boost investment, export, and consumption to achieve the highest growth possible in 2020 at a national teleconference between the Government and localities on July 2.

The Republic of Korea (RoK)’s T’way Air has announced it will re-open its route between HCM City and Incheon on July 22.

The capital city of Hà Nội plans to organise 200 shopping stimulus events during the national promotion month.

Fitch Solutions have revised up its 2020 real GDP growth forecast for Việt Nam slightly to 3.0 per cent, from 2.8 per cent previously.

According to the firm, the first season of the programme with Saigon Co.op got better results than expected.

The Ministry of Transport will consider the reopening of international flight routes to countries and territories which have no new cases of COVID-19 in the community for 30 consecutive days, according to a ministry official.

The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year.

In September, EVN plans to announce the list of institutions which can provide QR code payment services for power bills.

Prime Minister Nguyễn Xuân Phúc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on Supporting Small and Medium – Sized Enterprises (SMEs) to create favourable conditions for them to overcome the difficult time and develop their business.

Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push for post-pandemic economic growth, experts said.

The State Capital Investment Corporation (SCIC) will sell its shares at the Khánh Hòa Seafood Export Joint Stock Company on July 22, 2020.