Wholesale markets face risk of closure again

Wholesale markets face risk of closure again

When wholesale markets in Ho Chi Minh City were allowed to open transshipment points, it was expected to contribute to solving the shortage of essential goods in the context that the city implements social distancing. However, the result is not as expected.

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Prepping conditions to welcome investment waves

Prepping conditions to welcome investment waves

Foreign investors still have high expectations for Vietnam's investment environment despite facing many difficulties at the moment due to the Covid-19 pandemic. Currently, there are still many solutions and ways to improve foreign investment attraction and prepare conditions to be ready to welcome the investment wave in the new normal.
Prepping conditions to welcome investment waves

Prepping conditions to welcome investment waves

Foreign investors still have high expectations for Vietnam's investment environment despite facing many difficulties at the moment due to the Covid-19 pandemic. Currently, there are still many solutions and ways to improve foreign investment attraction and prepare conditions to be ready to welcome the investment wave in the new normal.
Purchasing power in supermarkets declines

Purchasing power in supermarkets declines

Several supermarkets in Ho Chi Minh City said that supermarkets have seen fewer civil servants of district administrations who help to pick up commodities in supermarkets for residents, leading to a decrease in purchasing power.
Illustrative image (Photo: VNA)

ADB optimistic about Vietnam's economic prospect despite slowdown

The ADB has revised down Vietnam's 2021 GDP growth forecast from 6.7 percent to 3.8 percent due to a resurgence of the Covid-19 pandemic that has tightened the labour market, lowered industrial output, and disrupted agricultural value chains, according to a report released by the bank on September 22.
Interest rate cut not as expected

Interest rate cut not as expected

Many commercial banks have announced a 0.5-3 percent cut in lending interest rates and many policies to support customers affected by the Covid-19 pandemic. However, feedback from individual customers in Ho Chi Minh City shows that banks have refused to aid them, even when they are in blocked areas and need priority.
Ministry investigates evasion of trade remedies for cane sugar

Ministry investigates evasion of trade remedies for cane sugar

The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
Issuance of government’s resolutions on key tasks for dual goals

Issuance of government’s resolutions on key tasks for dual goals

The issuance of the government’s resolution No. 63/NQ-CP on the key tasks and solutions to promote economic growth, disbursement of public investment, and sustainable exports in the last months of 2021 has shown the Government's determination in achieving the dual goals of fighting against the epidemic and socio-economic development.