COVID-19 SHARPLY SLASHES FDI
The stressful situation of the COVID-19 pandemic continues to be one of the reasons why foreign investment capital (FDI) into Vietnam has declined.
ELECTRONICS EXPORTS FORECAST TO BE ROBUST THIS YEAR
The electronics industry is forecast to have a robust year, driven by the increase in demand for communication's products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.
HARRIS VISIT ILLUSTRATING US EMBRACE OF SE ASIA
Vietnam and the United States are expected to see their bilateral ties, especially in investment and trade, to escalate from this year thanks to the latter’s high-level visits to the former, with both nations expected to raise their relationship to a higher level.
IMPORT-EXPORT VALUE TOPS 373 BILLION USD
Vietnam's import-export value reached 373.36 billion USD in the first seven months of this year, according to the General Statistics Office.
VIỆT NAM’S CURRENT ACCOUNT SURPLUS FORECAST AT 6.2% OF GDP IN 2021
Việt Nam’s current account surplus is forecast at 6.2 per cent of GDP in 2021 and will narrow over the coming decade as part of a general long-term narrowing trend.
INDUSTRIAL PROPERTY SEGMENT SEES RISING FDI DESPITE NEW COVID-19 OUTBREAK
Despite a new outbreak of COVID-19 in Vietnam, the industrial property segment saw positive signs with new industrial zones established and key industrial projects beginning operations, according to a report by Savills Vietnam.
PUBLIC INVESTMENT DISBURSEMENT UP 5.6% IN FIRST SEVEN MONTHS
The disbursement of public investment in July fell by 1.7% compared to the previous month due to COVID-19 but the total figure for the first seven months of 2021 still rose by 5.6% over the same period last year.
NEWLY ESTABLISHED ENTERPRISES DECREASES 22.8% IN JULY
As many as 8,740 enterprises with total registered capital of VND122.8 trillion (US$5.34 billion) were established in July, according to the General Statistics Office (GSO).
