Business

Specifically, the first half of the year saw the estimated production value of enterprises reach a figure of US$7,451 billion, down 5.8% over the same period from last year, therefore reaching only 37.2% of the set plan. Export value stood at US$6,946 billion, an annual fall of 2.6%, with import value US$5,979 billion, down 24.2% over the same period. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 10

Statistics from Hoi An Centre for Culture, Sports, Broadcasting and Television showed that from June 1 to July 4, 592 tickets to the old town were sold to the foreign visitors and 20,359 tickets sold to domestic tourists. From June 1 to June 22, up to 888 tickets to Thanh Ha Ceramic Village and 203 tickets to Tra Que Vegetable Village were sold. The number of tickets sold to Bay May Coconut Forest was 200 during the weekdays and 250-300 tickets during the weekends. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 11

“In English, we have a saying that ‘A friend in need is a friend indeed.’ It means that if you find yourself in a difficult situation and you need help, you will find out who your true friends are because your true friends come forward and help you,” he said, adding that the U.S. had made new friends in Vietnam through the event. … [Read more...] about Vietnamese businesses donate 1.4 million medical supply units to US

Moreover, when it is difficult for investors to transfer, it is difficult to identify whether the transfer is due to the COVID-19 pandemic or their new business strategies. However, regardless of the situation, the shift of investment wave to Viet Nam will still benefit the country and businesses here. Therefore, Vietnamese enterprises need to improve their competitiveness and create new forces to seize opportunities. VNS … [Read more...] about New momentum for US-Viet Nam trade relations

According to the report of the country's industrial production and trade in the first six months of this year, the consumption index of the manufacturing industry in June this year increased by 8.1 percent compared to the previous month and 3 percent over the same period last year. In the first six months of the year, this index edged up by 4.3 percent over the same period last year, of which some sectors saw a strong increase in the consumption index, such as coke production, refined petroleum products with an increase of 14.7 percent; paper and paper product production with an increase of 12.1 percent; textiles with an increase of 7.3 percent; chemicals and chemical product production with an increase of 7 percent; cigarette production with an increase of 6.8 percent. The industries posted low increases or even decreased in the consumption index were precast metal product production with an increase of 0.8 percent; food production and processing with a decrease of 0.2 percent; … [Read more...] about Enterprises suffer high inventory