Citizen tv news headlines

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

According to the organising board, the participation of quite a few exhibitors of fruits from Italy and other countries around the world is a good chance for Vietnamese enterprises, distributors and importers to learn and look for business cooperation in the context that the EU-Vietnam Free Trade Agreement (EVFTA) has been effective since August 1, with many preferential tariffs. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

In response to the appeal of the Party General Secretary and President, Directives of the Politburo, the Party Central Committee’ Secretariat, the Prime Minister, and decrees of the Government on carrying out the dual tasks of fighting COVID-19 pandemic and boosting socio-economic development, Hanoi has put the outbreak under control, supported business and investment activities, and ensured social welfare for the public, Hue said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12