The US, China, EU, ASEAN, Japan and the Republic of Korea were the biggest importers of Vietnamese goods in the first seven months this year, according to the General Statistics Office.
PM Nguyen Xuan Phuc has recently issued Directive 31/CT-TTg on building socio-economic development norms and state budget estimates for 2021.
The northern province of Ninh Binh has for years implemented a plan to develop and expand its traditional handicraft villages, especially six famous craft villages to serve tourism needs and preserve traditional crafts.
The Vietnamese economy is expected to expand by 3.8% this year in the optimistic scenario that the coronavirus outbreak does not flare up again and domestic economic activity gradually returns to normal, according to a think-tank.
The Department of Industry and Trade of Ninh Binh province said it would not adjust its export target despite a wide range of difficulties caused by the COVID-19 pandemic.
Vietnam's public investment disbursement in the first half of 2020 was estimated at VND156 trillion (US$6.7 billion), according to the Ministry of Planning and Investment (MPI).
Vietnam's industrial production grew by a modest 2.71% in the first six months of 2020 due to the impact of the coronavirus, according to the General Statistics Office.
Retail and service revenue amounted to some 2.38 quadrillion VND (103 billion USD) in June, up 6.2 percent on month and 5.3 percent on year.
The Ministry of Industry and Trade (MoIT) and the Italian Ministry of Foreign Affairs and International Cooperation have signed an agreement to establish a new Joint Commission on Economic Cooperation.
Vietnam's GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.
Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT on rules of origin in the European Union - Vietnam Free Trade Agreement (EVFTA).
The Asian Development Bank (ADB) recently forecast that Vietnam's economic growth this year would be 4.1 percent, 0.7 percentage points lower than its April estimate but still the highest expected in Southeast Asia.
The development of industrial zones needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.
The government has recently issued Decree No.56/2020/ND-CP on management and use of official development assistance (ODA) and concessional loans granted by foreign sponsors to Vietnam.
According to the 2019 Provincial Competitiveness Index (PCI) recently released by the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam's business environment has improved significantly compared to the previous years.
With 64.58 points, the northern province of Ninh Binh has slipped ten positions to 39th out of 63 localities nationwide in the Provincial Competitiveness Index (PCI) in 2019.
Ninh Binh's exports fell 30.3 percent from the same month last year to 134.8 million USD in April.
The northern province of Quang Ninh remains the most economically competitive province in Vietnam for the third consecutive year, followed by Dong Thap and Vinh Long in the Mekong Delta.
Vietnam's export value saw a year-on-year increase of 4.7 percent to an estimated 82.9 billion USD in the first four months of this year, according to the General Statistics Office (GSO).
Viet Nam has exported 415.7 million cloth masks, fine dust masks, and two-layer cotton masks worth US$ 63.19 million since the beginning of 2020, the Viet Nam Customs reported.
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