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Saturday,  09/21/2024
Exports of pepper to India at risk
Exports of pepper to India at risk
Hanoi (VNS/VNA) - The Ministry of Industry and Trade has urged firms to control the quality of pepper exported to India and develop solutions to cope with policies affecting the export of pepper from Vietnam. Farmers harvest pepper in Quang Tri province. The Ministry of Industry and Trade urges firms to control the quality of exported pepper. (Photo: VNA)...
Continuing to effectively implement epidemic prevention and anti-smuggling
Continuing to effectively implement epidemic prevention and anti-smuggling
(LSO) - On the morning of August 13, the delegation of the Provincial People's Committee led by Mr. Duong Xuan Huyen, Vice Chairman of the Provincial People's Committee inspected anti-smuggling, goods import and export, Covid-19 prevention and control in Van Lang district’s border area. In the first seven months of 2020, the trading and transportation of smuggled goods in...
Wood exports recovering even in face of COVID-19
Wood exports recovering even in face of COVID-19
HCM City (VNA) – After a sharp fall due to adverse impacts of the COVID-19 pandemic, wood export revenue has seen signs of recovery since June thanks to exporters’ efforts to adapt to the situation. Illustrative image (Source: VNA) Statistics from the General Department of Vietnam Customs show that wood exports reached only 700 million USD in April and...
Hoa Phat’s steel pipe exports rise 16 pct in seven months
Hoa Phat’s steel pipe exports rise 16 pct in seven months
Hanoi (VNA) - Despite the impacts of the COVID-19 pandemic, steel maker Hoa Phat still sold 422,300 tonnes of steel pipes in the first seven months of the year. Illustrative image (Photo: Hoa Phat Group) Of which, its export volume of the products rose by 16 percent from the same period last year to 10,800 tonnes in the...
Vietnam faces lowest growth in 35 years
Vietnam faces lowest growth in 35 years
Hanoi (VNS/VNA) - Economists have predicted the resurgence of the COVID-19 pandemic could leave Vietnam facing its lowest level of economic growth in 35 years. Production of export wooden products at a company located in Binh Duong Province. In late July, the World Bank forecast the country's GDP growth could reach 2.8 per cent in 2020. (Photo: VNA)...
Bad debts tend to rise despite slow credit expansion
Bad debts tend to rise despite slow credit expansion
Hanoi (VNS/VNA) - Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits. A transaction office of VietinBank (Photo: VietinBank) The first-half financial statements of big banks like Vietcombank, BIDV and Vietinbank all indicated an increase in non-performing loans (NPLs). Total NPLs of Vietcombank increased 11 percent in the last...
Removing difficulties in the site clearance for seven projects
Removing difficulties in the site clearance for seven projects
(LSO) - On August 6, Mr. Ho Tien Thieu, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired a symposium to remove difficulties and accelerate the site clearance for projects in the province in July 2020. According to the report of Department of Natural Resources and Environment, in July, there were 10 out 11...
Vietnam Motor Show 2020 cancelled due to COVID-19
Vietnam Motor Show 2020 cancelled due to COVID-19
Hanoi (VNA) – The Vietnam Motor Show 2020, scheduled for October 29 – November 1, will be cancelled due to the complicated developments of COVID-19, announced the Vietnam Automobile Manufacturers’ Association (VAMA) and the Vehicles Importers Vietnam Association (VIVA) on August 4. At Vietnam Motor Show 2019 (Photo: VNA) The next edition of the event is scheduled for October...