Reducing the import tax for construction steel products will threaten domestic steel production, the Việt Nam Steel Association (VSA) has said.

The Government should buy summer-autumn rice for temporary storage to push up consumption demand and provide security for farmers, the Deputy Minister of Agriculture and Rural Development, Trần Thanh Nam, has said. 

The Ministry of Finance is studying a tax and fee reduction and exemption package estimated to be worth around VNĐ20 trillion (US$897 million) to support citizens and enterprises affected by the COVID-19 pandemic.

The proportion of closed textile and garment factories has reached 30-35 per cent due to COVID-19 pandemic so far.

Seafood companies are struggling with problems arising from the current fourth wave of COVID-19, causing uncertainties for the second half of 2021. However the speed of vaccination and loosening of travel restrictions in many countries, especially the US, can support the industry. 

In order to ensure stable supply and prices of groceries and foods, the HCM City Department of Industry and Trade has set up 66 more mobile sales points and 87 fresh food stores.

Việt Nam’s stock market settled higher on Tuesday as more investors returned to riskier assets in the afternoon trade.

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has posted positive business results in the first half of the year despite the COVID-19 pandemic.

Tan Cang - Cat Lai Port in Ho Chi Minh City’s newly created Thu Duc city will temporarily stop accepting imports by businesses that have suspended production so that it can clear a huge backlog of containers that have piled up.

Despite a new outbreak of COVID-19 in Vietnam, the industrial property segment saw positive signs with new industrial zones established and key industrial projects beginning operations, according to a report by Savills Vietnam.

Container freight trains from Vietnam to Belgium will open up a new cooperation direction to increase benefits of railway logistics services, Deputy General Director of the Rail Transport and Trade Joint Stock Company (Ratraco) Nguyen Hoang Thanh told the Vietnam News Agency (VNA).

Russian Ambassador to Vietnam Gennady Bezdetko has published an article on the occasion of the Việt Nam – Russia oil and gas joint venture Vietsovpetro celebrating its 40th founding anniversary and 35 years since it began oil and gas exploitation, praising the firm's significant contributions to the nations’ comprehensive strategic partnership.

Despite struggling to cope with a COVID-19 resurgence, HCM City managed to achieve positive economic growth in the first seven months of the year, according to the city Statistics Office.

The city’s health sector and Thủ Đức city authorities must apply strict Covid-19 prevention measures to maintain safety and industrial production value at Sài Gòn Hi-Tech Park (SHTP) amid the pandemic, Phan Văn Mãi, deputy secretary of HCM City’s Party Committee, said. 

The Ministry of Finance has issued a circular providing guidelines on obligations of organisations and individuals in foreign investment activities on the Vietnamese securities market.

Vietnam has surpassed Bangladesh as the world’s second largest exporter of ready-made garments (RMG), Fashion United, an international B2B fashion platform, quoted the World Trade Statistical Review 2021 released by World Trade Organization (WTO).

Farmers in the Mekong Delta are increasingly growing fruits out of season and more efficiently.

Russian Ambassador to Vietnam Gennady Bezdetko has published an article on the occasion of the Vietnam – Russia oil and gas joint venture Vietsovpetro celebrating its 40th founding anniversary and 35 years since it began oil and gas exploitation, praising the firm's significant contributions to the nations’ comprehensive strategic partnership.

HCM City authorities are working carry a new inland container depot (ICD) to be built in Long Bình Ward, District 9, to replace the existing Trường Thọ Port complex in Thủ Đức District.

Export revenue from the EU market reached 22.5 billion USD in the first seven months of 2021, a year on year rise of 15.5 percent, reported the Ministry of Industry and Trade.