Business News

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VIETNAM'S TRADE SURPLUS TOPS 4 BILLION USD

Vietnam's trade surplus tops 4 billion USD

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VIETNAM'S MANUFACTURING PMI HIGHEST IN 10 MONTHS

Vietnam's Manufacturing Purchasing Managers' Index (PMI) in June reached its highest level in 10 months.

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SOCIO-ECONOMIC SITUATION IN THE SECOND QUARTER AND THE FIRST 6 BEGINNING MONTHS OF 2020

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.

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REOPENING OF INT’L FLIGHTS CONSIDERED

The Ministry of Transport will consider the reopening of international flight routes to countries and territories which have no new cases of COVID-19 in the community for 30 consecutive days, according to a ministry official.

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LAWS COME INTO EFFECT FROM JULY 1

Twelve new policies came into effect from July 1 including the Laws on officers and public employees, passports, state secrets, and entry, exit, transit, and residence of foreigners.

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POLICY REVIEW CRUCIAL TO SET UP FOR NEW FUNDING WAVE

At the first-ever Vietnam Investment Forum in 1991, with the presence of late Party General Secretary Nguyen Van Linh, the Vietnamese Party and state sent a substantial message to the overseas investor community that the country is renovating, opening the doors, and pushing up foreign investment attraction to motivate economic development.

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NATION’S ECONOMIC FORECAST LEADS WAY

With its success in fighting COVID-19, Vietnam has continued to be the best performer in Southeast Asia, laying a firm foundation for the country to attract more investment and spur on production.

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GDP GROWTH RATE DROPS TO DECADE RECORD LOW IN H1

The complicated COVID-19 outbreak has negatively impacted the domestic market. The entire political system, the Government, and the PM gave a top priority to disease prevention and control; stood ready to compromise economic benefits to ensure lives and health for people.

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FOREIGN INVESTMENT SURPASSES $15 BILLION IN FIRST HALF OF 2020

According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, in the first six months of this year, there has been a marked rise in both newly-registered and added capital, however, total foreign investment capital reached only $15.67 billion, signifying a decrease of 15.1 per cent on-year.