The number of air passengers reached nearly 12 million in July, including over 10.5 million on domestic flights, an increase of 40.3% compared to July 2019 before the COVID-19 outbreak, said the Civil Aviation Administration of Vietnam (CAAV).

So far this year, the southern province of Binh Duong – a magnet for foreign investment of Vietnam – attracted over 2.5 billion USD in FDI, up 74% year-on-year.

Automobile sales in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 11.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,153 VND/USD on August 12, down 10 VND from the previous day.

Indices ended lower on Thursday as stronger risk-off sentiment weighed on the market, with the VN-Index posting the second daily fall.

Fuel prices have fallen back to pre-January levels, but many transport firms still refuse to adjust their fares, according to authorities.

The number of air passengers reached nearly 12 million, an increase of more than 40 per cent in July compared to pre-COVID, said the Civil Aviation Administration of Việt Nam (CAAV).

Việt Nam's seafood export value is expected to slow growth to US$3 million in the third quarter due to a lack of raw materials and disadvantages in the market in the second half.

A Government to Business (G2B) conference was opened on Thursday, providing a platform where the Government can explore the private sector’s opinions and proposals.

The Vietnamese Consulate General and Vietnam Trade Office in Hong Kong (China) are introducing a variety of Vietnamese specialties at the Hong Kong Food Expo from August 11-15.

Shifting to green growth would help businesses increase their competitiveness and catch up with trends in the domestic and foreign markets, delegates told a seminar in HCM City on August 10.

Vietnam is ready to keep frequent contact with the US to deal with emerging issues, an official from the Ministry of Foreign Affairs said on August 11 regarding an official US launch of an anti-circumvention investigation into steel pipe imported from Vietnam.

The Ministry of Finance and the Ministry of Industry and Trade slashed fuel prices on August 11.

Prime Minister Pham Minh Chinh urged the business community and associations to take specific solutions and join hands with ministries, sectors and localities to remove difficulties, towards promoting economic recovery and sustainable development.

The first batch of longan grown in Xuan Thuy commune, Kim Boi district, the northern mountainous province of Hoa Binh, was shipped to the European Union (EU) on August 11.

Nearly 10 tonnes of Vietnamese longan were exported to Melbourne, Australia, on Wednesday, according to the Việt Nam Trade Office in Australia.

Post-pandemic robust rebound in the American market has ushered in multiple opportunities for Vietnam to expand its export of key products, according to the Ministry of Industry and Trade.

According to Phan Oun, the Director General of the General Department of Consumer Protection, Competition and Anti-Fraud (KPR), if these types of noodles were detected in the Cambodian market, the KPR would take action to collect them.

Samsung Electronics’ plan to manufacture semiconductor products in Vietnam has sparked the hope that the Southeast Asian nation will be a new stop for the semiconductor industry.

The impressive economic growth in the first seven months of this year reflects the efficiency of the policies that have been applied recently, stated Minister of Planning and Investment Nguyen Chi Dung at the meeting between the Prime Minister and businesses that opened in Hanoi on August 11.