Foreign investment inflows dip nearly 15% in first 4 months

Total foreign investment inflows recorded a year-on-year decrease of 14.5% to US$12.33 billion as of April 20, according to the Ministry of Planning and Investment.

Ninh Binh succeeds in controlling African swine fever

According to the latest report of Ninh Binh Animal Husbandry and Veterinary Authorities, no African Swine fever disease outbreak in 100% of communes and wards in the province for 40 past days.

Ninh Binh's development investment up 6.8 percent in Q1

The total amount of development investment in northern Ninh Binh province exceeded 4.94 trillion VND (210 million USD) in the first quarter of 2020, up 6.8 percent year-on-year, according to the provincial Department of Statistics.

State-owned enterprises face 3.7-trillion-VND loss in Q1 due to COVID-19

Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises incurred losses worth more than 3.7 trillion VND (160 million USD) in the first quarter due to the impacts of the COVID-19 pandemic.

Ninh Binh province's exports enjoy steady growth in first two months

Ninh Binh province's export turnover reached 313 million USD in the first two months of 2020, representing a year-on-year rise of 9.3 percent and higher than the country's average growth of 1.5 percent.

Vietnam renews trade remedies measures on imported steel products

The Ministry of Industry and Trade has issued a decision to extend the application of measures on preventing evasion of safeguard duty to rolled steel and steel wire imported to Vietnam from March 22, 2020.

Ninh Binh's public investment disbursement reaches 50 percent of target

The northern province of Ninh Binh disbursed 1.13 trillion VND (some 47.9 million USD) of public investment in the first two months of 2020, fulfilling 50 percent of the set target.

Two-month rice exports soar despite Covid-19 epidemic

Vietnam has exported approximately 890,000 tonnes of rice worth US$420 million in the first two months of 2020, an increase of 27% in terms of volume and 32% in terms of value compared to the same period in 2019.

Nearly 16,200 firms suspend operations in two months

Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.

Foreign investment falls 23.6 percent in first two months

The inflow of foreign investment into Vietnam experienced a year-on-year drop of 23.6 percent in the first two months of the year to 6.47 billion USD, according to a report from the Ministry of Industry and Trade's Foreign Trade Agency.

More than 800 firms stop operating or scale down due to COVID-19

More than 800 businesses and 8,700 employees have been affected by the COVID-19 epidemic, according to the Ministry of Labour, Invalids and Social Affairs.

EP ratifies EVFTA, EVIPA

The European Parliament (EP) on February 12 ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

National committee on implementation of marine economic development strategy established

The Prime Minister has issued Decision No. 203/QD-TTg concerning the establishment of a national steering committee on the implementation of the strategy for the sustainable development of Vietnam's marine economy until 2030, with a vision to 2045.

International media highlights Vietnam's economic success in 2019

International media outlets have highlighted Vietnam's thriving economy which is among the fastest-growing in Southeast Asia in 2019 amid the global economic slowdown.

ROK to import over 55,000 tonnes of Vietnamese rice

The Republic of Korea (ROK) has opened its market to Vietnamese rice, grating a quota of 55,112 tonnes of rice from Vietnam only.

Over 650,000 Vietnamese labourers working abroad

About 650,000 Vietnamese are working in more than 40 countries and territories worldwide, according to statistics of the Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs (MoLISA).

Ninh Binh works to attract more investment

Investment attraction of the northern province of Ninh Binh has seen remarkable progress, contributing greatly to its socio-economic growth. This was attributed to the province's provision of mechanisms and policies in favor of attracting investment over the past few years.

Ninh Binh's exports record impressive growth

The province's exports continuously showed its impressive growth in both turnover and market in 2019, when it brought home 2.1 billion USD, up 35.2 percent from 2018 and surpassing the yearly target by 44.8 percent.

Ninh Binh's industrial output surges 24.46% in 2019

The province's index of industrial production (IIP) saw a year-on-year increase of 24.46 percent in 2019, proving its policy of developing the industrial sector as a key driver of the economic growth.

Record numbers for newly established businesses in 2019

The total number of newly-established enterprises in 2019 was over 138,100 with total registered capital of VND1.7 quadrillion (over US$73.5 billion), up 5.2% and 17%, respectively, against last year, according to the General Statistics Office (GSO).