Enterprises in HCM City and other southern provinces have shelled billions of dong to implement the "3 on-site" model for business continuity, however production at these facilities is still at risk of disruption due to the pandemic. 

Việt Nam's stock market extended gains on Tuesday on the back of energy and seafood strength.

As the third largest seafood exporter in the world, Việt Nam's could lose about US$480 million per year if it fails in its fight against illegal, unreported and unregulated (IUU) fishing.

Automobile sales in Vietnam plunged in July due to the complications of COVID-19 and social distancing measures being applied in many localities nationwide.

A workshop was held virtually by the Ministry of Foreign Affairs on August 10 to seek ways to beef up international cooperation for the development of Halal industry in Vietnam.

The Vietnam Association of Seafood Exporters and Producers (VASEP) and the World Bank (WB) in Vietnam on August 10 released “A Trade-Based Analysis of the Economic Impact of Non-Compliance with Illegal, Unreported and Unregulated Fishing: The Case of Vietnam”.

The north central province of Thanh Hoa has applied various measures to bolster trade promotion, thus expanding market for local products.

Over 15 tonnes of Vietnamese frozen Ri6 durian exported to Australia by Ưu Đàm company sold out within only two days, reported the Việt Nam Trade Office in Australia.

The Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in the Netherlands on August 9 organised a virtual consultation serving the export of agro-aquatic products to the European market.

Total state budget revenue reached 912.1 trillion VND (39.74 billion USD) in the first seven months of 2021, equaling 67.9 percent of the estimate and up 15.6 percent year-on-year, data released by the Ministry of Finance on August 9 showed.

Lộc Trời Group has adopted a linkage model for rice production on 36,000 hectares of land in An Giang Province’s Thọai Sơn District.

Business executives have called on the Government to issue “resolute but flexible” prevention measures to help them survive the COVID-19 pandemic and keep the economy afloat.

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Vietnam to support customers hit by the latest COVID-19 outbreak.

With demand for essential goods skyrocketing in many provinces and cities amid tightening social distancing requirements to tackle the surge in COVID-19, ensuring their supply to the market is an urgent task.

Canned pure fresh coconut water Cocoxim of Ben Tre Import-Export Joint Stock Company (Betrimex) has become popular among consumers in Belgium for several years. This product is imported directly from Vietnam by the Belgian start-up company South Export Alliance and distributed in Belgium, France and the Czech Republic.

Vietnam’s overseas investment totalled 570.1 million USD in the first seven months of 2021, a 2.3-fold increase from the same period last year, data from the Ministry of Industry and Trade’s Foreign Investment Agency (FIA) showed, reflecting Vietnamese firms’ efforts to expand foreign markets.

Despite complicated developments of the COVID-19 pandemic, Vietnam is still chosen by many foreign investors as a destination to build production bases, especially in the electronics industry, according to Fitch Solutions.

Loship, a delivery startup in Vietnam, has announced that it successfully raised 12 million USD in Pre-Series C round, bringing the company’s valuation to over 100 million USD, according to DealStreet Asia.

Investments in logistics and industrial real estate in the Asia Pacific will double in the next three to five years as investors look to increase exposure to the asset class, property consultant Jones Lang LaSalle has forecast in a recent report.

The State Bank of Vietnam set the daily reference exchange rate at 23,187 VND/USD on August 10, up 14 VND from the previous day.