Business News

Deputy Prime Minister Trinh Dinh Dung urged the Ministry of Transport to accelerate progress of the Eastern North-South Expressway so that it could be completed by 2021 and put into operation in 2022.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

With many people looking for new options to deal with their financial affairs, digitisation of services and e-payments are becoming crucial, and banks, seizing the trend, have been embarking on the use of technology 4.0 and modernising their business models.

Statistics from the HCM City Real Estate Association (HoREA) showed the country now has some 82,900 condotels with a total investment of VND100 trillion (US$4.3 billion), mostly located in localities with strong tourism markets like Ha Noi, HCM City, Da Nang, Thanh Hoa, Binh Dinh, Khanh Hoa, Binh Thuan and Ba Ria - Vung Tau.

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The number of Bluezone app installs has increased sharply recently, reaching over 2 million as of 10pm on August 2, according to the Authority of Information Technology Application.

At an online meeting between the Government and localities on August 2, Prime Minister Nguyen Xuan Phuc lauded HCMC’s decision to suspend some non-essential business activities, but observed that it is unnecessary to impose the social distancing rule in the city now.

Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.