Vietnam seeks foothold in Turkish market
06:00 | 29/05/2020 Cooperation
(VEN) - Although the commodity structures of Vietnam and Turkey compete with each other, Vietnamese enterprises can increase sales in Turkey if they know how to exploit the niche market, said Le Phu Cuong, Vietnamese Trade Counselor in Turkey, in an interview with Vietnam Economic News’ Thu Phuong.
China sets no growth target for 2020
15:27 | 26/05/2020 Cooperation
China on Friday said it would not set a growth target for the current year as the country was working to ensure winning the battle against poverty. China’s Prime Minister Li Keqiang acknowledges risks facing China but lays emphasis on 6 sectors to boost economy, generate jobs.
Vietnam plays leading role in restoring ASEAN economy after pandemic
09:53 | 25/05/2020 Cooperation
(VEN) - Minister of Industry and Trade Tran Tuan Anh recently spoke with ASEAN Secretary General Lim Jock Hoi about economic recovery plans for the bloc and maintaining regional supply chains in the post Covid-19 period, as well as the next steps to cope with the pandemic. Following the discussion, the minister spoke with the media.
US GDP could contract 20-30 percent in Q2
13:27 | 20/05/2020 Cooperation
The business shutdowns caused by the cornavirus pandemic could "easily" cause the US economy to collapse by 20 to 30 percent this quarter, Federal Reserve Chairman Jerome Powell said Sunday.
Economic cost of pandemic will be enormous: SNB chief
13:30 | 15/05/2020 Cooperation
Coronavirus is costing between CHF11 billion and CHF17 billion a month, putting such a strain on the Swiss economy that it will take years to recover. Swiss National Bank (SNB) chairman Thomas Jordan has predicted the worst depression since the 1930s.
German firms expect Vietnam’s medium-term economic recovery
06:00 | 12/05/2020 Cooperation
(VEN) - The results of a recent AHK World Business Outlook survey on the trust of German businesses worldwide show that despite their concerns over the Covid-19 pandemic’s adverse impacts on production and trade in Vietnam, German businesses expect Vietnam’s economic recovery in the medium term.