Agricultural development bank

A bird’s eye view of the Thang Long Industrial Park in Hanoi. Vietnam is expected to see the fastest growth in Southeast Asia amid the novel coronavirus pandemic – PHOTO: VNA HCMC – The Asian Development Bank (ADB) predicts that Vietnam will grow 4.1% this year, 0.7 percentage point lower than the bank’s April estimates, as containment measures to address the coronavirus pandemic have hampered economic activity and weakened external demand. … [Read more...] about Vietnam forecast to grow 4.1% in 2020 due to Covid-19 containment measures: ADB

The agency reported that the agriculture, forestry and fisheries sector recorded a growth rate of 1.19% and contributed 11.89% to the overall economic growth during the six-month period. The respective figures for industry-construction are 2.98% and 73.14%; and 0.57% and 14.97% for the services sector. … [Read more...] about Vietnam’s economic growth in H1 hits decade-low due to Covid-19

The first benefit sharing model between businesses, local authorities and farmers in organic production will be deployed in Hà Quảng and Hòa An communes of Cao Bằng Province. They have now been growing organic ginger and chili, which are targeted to be the main economic development tree of the two districts. If successful, this model will soon be replicated across the whole province. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 1

Nguyen Thi Thao Nhi, chairwoman of the Thanh Binh Phu My JSC, said her company is strengthening its relationship with international organisations like JETRO, JICA, HCM City Japanese Friendship Club (JCCH), Korea Trade-Investment Promotion Agency (KOTRA), Korean Chamber of Commerce (KOCHAM), American Chamber of Commerce (AMCHAM), and European Chamber of Commerce in Viet Nam (EUROCHAM), Thailand Board of Investment (BOI) to attract more foreign investors to Ba Ria-Vung Tau in general and to Phu My 3 SIP in particular. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 28