Business News

Prime Minister Phạm Minh Chính has sent a dispatch to several ministers, ordering a revision of laws to address difficulties in investment and business amid the complex developments of the COVID-19 pandemic.

Prime Minister Pham Minh Chinh has sent a dispatch to several ministers, ordering a revision of laws to address difficulties in investment and business amidst complex developments of the COVID-19 pandemic.

Prime Minister Pham Minh Chinh has signed a public telegram rolling out measures to accelerate progress on disbursement of public investment capital in 2021.

During the first seven months of this year, some 425 million tonnes of goods have been moved through seaports across the country, a six per cent increase from the same period last year. Of which, exports accounted for 106 million tonnes, a nine per cent increase, imports 133 million tonnes, a two per cent increase and domestic trade 184 million tonnes, a seven per cent increase from the same period last year.

The national consumer price index (CPI) in July grew by 0.62 percent against June and 2.64 percent year-on-year, according to the General Statistics Office (GSO).

The national index of industrial production (IIP) increased 7.9 percent year-on-year in the first seven months of this year, according to the General Statistics Office.

The stressful situation of the COVID-19 pandemic continues to be one of the reasons why foreign investment capital (FDI) into Vietnam has declined.

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.