Business News

The index of industrial production (IIP) grew by 4.45 percent in the first nine months of this year over the same period last year.

Fitch Solutions have revised its 2021 average forecast for the Vietnamese đồng to VNĐ22,900 per US dollar from VNĐ23,000 per US dollar previously and VNĐ22,800 per US dollar from VNĐ23,200 per US dollar in 2022 as the central bank tolerates a stronger đồng over the short term.

Vietnam’s total merchandise import and export value was estimated at US$53.5 billion in September, down 2% from the previous month, according to the General Department of Vietnam Customs. Of the sum, the export value was US$27 billion, down 0.8% and the total import value was US$26.5 billion, down 3.1%.

1. US Treasury announces largest treasury security holders
2. SSI Research provides estimates of banks' Q3 profits
3. Measures suggested to boost GDP growth amid COVID-19
4. Hanoi, HCM City want to return VND7.5 trillion from ODA allocation plan
5. Quick reversals expected as new normal gradually replaces lockdown gloom
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1. Passenger conduit bridge supply and installation
2. Mixing system upgrade-bid cancel
3. Office equipment supply-bid extend
4. Measurement equipment and tools supply
5. Copper cosse supply-bid extend
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Despite its good resilience, Vietnam's economy has been facing a serious pandemic outbreak since April 2021. Restriction measures, aimed to contain the pandemic, have negatively affected economic recovery that was strong in the first half of 2021.

The Department of Immigration under the Ministry of Public Security on Monday issued a notice on automatic extension of stay for foreigners stranded due to COVID-19.

Viet Nam plans to fully reopen borders to all foreign visitors from June 2022, according to the Viet Nam Administration of Tourism, under the Ministry of Culture, Sports and Tourism.