The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

An Australia-funded project has chosen nine leading agritech scale-ups from overseas to enter the Vietnamese market with an aim of solving the country’s most pressing agrifood challenges, according to the Australian Embassy in Hanoi.

Businesses in Việt Nam are making all efforts to survive the fourth wave of COVID-19 which is battering the country.

Bùi Văn Kiên, deputy general director of the National Power Transmission Corporation (EVNNPT) talked to vietnamplus.vn about solutions to remove difficulties and promote the disbursement of public investment as well as production and business amid the pandemic.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.

Thanks to the record-high sea freight rates, shipping companies have witnessed positive second-quarter earning reports and  their stocks are also prospering in the market.

The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

Vietnam’s airline industry is facing its worst crisis yet amid the COVID-19 pandemic, an online conference on financial solutions to keep the industry afloat heard on August 2.

The Ministry of Industry and Trade has just released seven factors that affect the development of the electric car industry in Việt Nam.

Hưng Yên longans – one of the famous specialties of Việt Nam – are being sold on a trial basis between Tuesday and Sunday this week with discounts of up to 50 per cent. 

Total export-import value of agro-forestry-aquatic products in the January-July period was over 53.2 billion USD, of which some 28.6 billion USD came from exports, up 26.7 percent year-on-year.

Industrial activities have continued bearing the brunt of the COVID-19 pandemic, resulting in mere growth rates of 1.8 percent month on month and 2.2 percent year on year in the July index of industrial production (IIP) - the slowest pace in seven months.

The Việt Nam Association of Seafood Exporters and Producers has written to the Government seeking priority COVID-19 vaccination for workers in the fisheries industry so that it can sustain production and export.

Despite complicated developments of the COVID-19 pandemic, export revenues from agricultural products have increased strongly so far this year, greatly contributing to the country’s economic growth.

Vietnam and China has signed a memorandum of understanding on cooperation in agriculture and fruit sale, expected to facilitate farm produce trading amid difficulties caused by the COVID-19 pandemic.

The Ministry of Finance (MoF) is proposing a 30 percent reduction in the corporate income tax which enterprises must pay in 2021 in a draft resolution on budget collection solutions which is to be submitted to the National Assembly’s Standing Committee for approval.

The State Bank of Vietnam set the daily reference exchange rate at 23,166 VND per USD on August 4, down 10 VND from the previous day.

Việt Nam's airline industry is facing its worst crisis yet since the beginning of the COVID-19 pandemic, an online conference on financial solutions to keep the industry afloat during this difficult time has been told.

Deputy Minister of Industry and Trade Do Thang Hai on August 3 emphasised the need to ensure the sufficient supply of essential goods for people, especially those in provinces and cities which are applying social distancing measures.