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The council proposed formulating the long-term economic stimulus plan which would identify and resolve key issues, such as state budget deficit, resource mobilization for manufacturing and business activities, and the removal of business obstacles among individual and business stakeholders. … [Read more...] about Vietnam PM asks for long-term stimulus plan to counter COVID-19 impact

In the first five months of 2020, the HCM City Department of Planning and Investment completed procedures to dissolve 2,015 businesses, an increase of 16.4 percent over the same period last year.  In the first five months of 2020, the HCM City Department of Planning and Investment completed procedures to dissolve 2,015 businesses, an increase of 16.4 percent over the same period last year. … [Read more...] about Businesses in distress, unemployment rate on the rise

According to a report from the Air Defence - Air Force, 162,567 cu.m of dioxin contaminated sludge and soil were cleaned, returning about 29 hectares of area for social-economic activities. Dioxin exposure risk for human and environment was minimised. The success of the project helped erase Da Nang airport, which is a former US air base, out of the dioxin hot spot list. Work safety was ensured throughout the implementation of the project and no incident was recorded. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 12

It was one of only a few countries seeing positive growth. The Vietnamese government intends to do everything it can to restore the economy and increase growth in the remaining months of 2020. As Vietnam pursues its dual goal of containing the epidemic and restoring the economy, experts predict that in the second half of this year the trade balance will remain steady and Vietnam will even see a trade surplus and breakthroughs in foreign investment. These are favorable conditions for Vietnam’s economy to grow. … [Read more...] about Vietnam resolute to achieve target growth

A study carried out by the Ministry of Planning and Investment shows the EVFTA is anticipated to increase the country’s exports to the EU by about 20% during the remainder of the year, and the figure is expected to continue to see an increase of 42.7% by 2025 and 44.37% by 2030. … [Read more...] about EVFTA: Customs sector pledges to facilitate clearance