Vietnam’s manufacturing drops to record low in March due to pandemic

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on April 1 showed.

FDI into HCM City in Q1 drops 33% year-on-year

4/3/2020 1:55:17 PM

HCM City has attracted over US$1 billion worth of FDI as of March 20, a 33 per cent drop year-on-year, according to the HCM City Statistics Office.

Vietnamese economy to grow despite COVID-19: ADB

4/3/2020 1:52:55 PM

Việt Nam’s economic growth rate is expected to slow sharply to 4.8 per cent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on Thursday.

GDP growth of 3.82 percent in Q1 is a miracle: official

4/2/2020 11:34:48 AM

Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said.

Customs authority reaffirms standard for exporting face masks

4/2/2020 10:47:03 AM

The General Department of Việt Nam Customs has reaffirmed it only handles procedures for exporting medical face masks with the State’s permission and it must ensure supervision to avoid fraud fraud for other types of face masks.

Việt Nam’s manufacturing drops to record low in March due to pandemic

4/2/2020 10:41:36 AM

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on Wednesday showed.

Live hog price to reduce to VNĐ60,000/kg

3/31/2020 11:49:24 AM

Deputy Prime Minister Trịnh Đình Dũng and Minister of Agriculture and Rural Development Nguyễn Xuân Cường on Monday in Hà Nội called for 15 major livestock enterprises to reduce the price of live hog to VNĐ60,000 per kilo for stability in the domestic market during the COVID-19 pandemic.

Reference exchange rate continues to go down at week’s beginning

3/30/2020 3:21:14 PM

The State Bank of Vietnam set the daily reference exchange rate at 23,230 VND per USD on March 30, down 5 VND from the last working day of previous week (March 27).

National food reserves sufficient for emergencies: GDSR

3/30/2020 2:51:36 PM

The General Department of State Reserves (GDSR) affirmed on Thursday that national food reserves are sufficient to cater for emergency situations.

Việt Nam’s GDP hits 10-year low in the first quarter

3/30/2020 2:49:32 PM

Việt Nam’s gross domestic product (GDP) expanded by 3.82 per cent in the first quarter of this year – the lowest growth rate posted in the past 10 years – showing the tremendous impact the novel coronavirus (COVID-19) pandemic is having on the country’s economy.

Mekong Delta shrimp prices fall as COVID-19 hits demand

3/30/2020 2:46:30 PM

Shrimp prices have plummeted in the Mekong Delta since global demand has been hit severely by the COVID-19 pandemic.