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VIET NAM TARGETS AVERAGE GROWTH RATE OF AT LEAST 6.5% IN NEXT FIVE YEARS

The National Assembly on Tuesday adopted a resolution on socio-economic development plan for the 2021-2025 period, targeting average growth rate of 6.5-7 percent over the period.

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INFOGRAPHIC: MEMBERS OF STANDING COMMITTEE OF 15TH-TENURE LEGISLATURE

Legislators cast votes to elect 13 members to the Standing Committee of the 15-tenure National Assembly (NA) in the legislative body's first working session on July 20-21.

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NEWLY-REGISTERED FDI UP SLIGHTLY IN FIRST SEVEN MONTHS

Newly-registered foreign direct investment (FDI) capital increased slightly in the first seven months, while additionally-registered capital, capital contributions, and share purchases dropped.

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VIETNAM E-COMMERCE REVENUE GROWS 18 PERCENT IN 2020

E-commerce revenue in Vietnam hit 11.8 billion USD in 2020, posting a growth rate of 18 percent.

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THE VINACAPITAL FOUNDATION IMPLEMENTS “HELP VIETNAM BREATHE – VÌ NHỊP THỞ VIỆT NAM” PROGRAM

VCF and “Help Vietnam Breathe – Vì Nhịp Thở Việt Nam” are also honored to have the support of famous artists and celebrities such as Ngo Thanh Van, Xuan Lan, Nam Trung, Toc Tien, Dong Anh Quynh, Ninh Duong Lan Ngoc, Kim Ly, Miss Universe Vietnam H’Hen Nie…, and the players of the National Football team such as Quang Hai, Bui Tien Dung, Ha Duc Chinh, Doan Van Hau… to spread the meaningful message of the program and promote our efforts.

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FUND-RAISING FOR COVID-19 RELIEF IN VIETNAM BY SINGAPORE BUSINESS GROUP

The severity of the COVID-19 situation in Ho Chi Minh City with a significant number of daily cases, especially in the quarantined localities and isolation camps as well as imposition of nightly curfew from this week and COVID-19 related deaths are affecting millions of unfortunate families.

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BOOKINGS FOR QUARANTINE HOTELS CAN BE MADE VIA CITY WEBSITE OR APP

People who are close contacts of COVID-19 cases can book hotels for quarantine at the www.hochiminhcity.gov.vn website of the city Department of Tourism. Overcrowding is occurring at quarantine facilities in the city as the number of COVID-19 cases has risen, leading to an increased need for quarantine at hotels.

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DOMESTIC TRADE TO MAKE UP 15 PER CENT OF GDP BY 2030

A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Lê Văn Thành, aiming to raise domestic trade’s proportion in the country’s GDP to 15-15.5 per cent in the next 10 years.

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VIETNAMESE INVESTORS, CONTRACTORS STRUGGLE DUE TO HIGHER STEEL PRICE

Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer.

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