additional stimulus packages may be needed to support the economy Additional stimulus packages may be needed to support the economy

06:00 | 13/08/2020 Economy

(VEN) - Vietnam’s economy has shown signs of recovery, but the Covid-19 outbreak in the central coastal city of Da Nang will pose difficulties for trade and production activities, requiring long-term government strategies and specific response. To Hoai Nam, permanent deputy chairman and secretary-general of the Vietnam Association of Small and Medium Enterprises, talked about the issue in an interview with Vietnam Economic News’ Hoa Quynh and Thu Phuong.
vietnam stock market marks 20th anniversary Vietnam stock market marks 20th anniversary

13:00 | 12/08/2020 Economy

(VEN) - The 20th anniversary of Vietnam’s stock market marked in July highlighted its contribution to the process of Vietnam’s economic restructuring as a dynamic and efficient capital mobilization tool.
inflation exceeds target but is forecast to decline by years end Inflation exceeds target but is forecast to decline by year’s end

06:00 | 12/08/2020 Economy

(VEN) - The consumer price index (CPI) in the first half of 2020 increased 4.19 percent over the same period last year, the highest first-half growth over the past five years, exceeding the annual four-percent target set by the National Assembly. 
hanoi promotes trade in hundreds of urban rural products Hanoi promotes trade in hundreds of urban-rural products

06:00 | 12/08/2020 Trade

(VEN) - Although affected by the Covid-19 pandemic, the One Commune One Product (OCOP) program in Hanoi has achieved encouraging results.
hcm city industrial production falls sharply HCM City industrial production falls sharply

22:05 | 11/08/2020 Industry

HCM City’s index of industrial production for the first seven months of the year declined by 5.5 per cent year-on-year due to the impact of the COVID-19 pandemic, according to its Department of Industry and Trade.
bad debts tend to rise despite slow credit expansion Bad debts tend to rise despite slow credit expansion

22:04 | 11/08/2020 Trade

Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
compliance costs challenge eu market access Compliance costs challenge EU market access

07:20 | 10/08/2020 EVFTA

(VEN) - Taking effect on August 1, 2020, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to offer new opportunities for Vietnamese exporters. Compliance will be the biggest challenge for them in accessing the EU market.
binh thuan looks to become lng powered national energy hub Binh Thuan looks to become LNG-powered national energy hub

06:25 | 07/08/2020 Industry

(VEN) - Prime Minister Nguyen Xuan Phuc recently in-principle approved to add the LNG gas-fired power project near Ke Ga Cape in the southern province of Binh Thuan to the National Power Development Master Plan for the 2021-2030 period, with a vision towards 2045 (Power Development Master Plan 8). This project, together with the Thang Long Offshore Wind Power Project, will contribute to turning Binh Thuan into a national energy hub.
banpu energy group acquires mui dinh wind farm Banpu Energy Group acquires Mui Dinh Wind Farm

15:05 | 06/08/2020 Industry

(VEN) - Banpu Public Company Limited, a leading integrated energy solutions company in the Asia-Pacific, is acquiring an operating wind farm, the Mui Dinh Wind Farm.  
saving energy in bac ninh province craft villages Saving energy in Bac Ninh Province craft villages

13:02 | 06/08/2020 Industry

(VEN) - Bac Ninh Province, northeast of the capital Hanoi, has some of the fastest growing craft villages in the country in both quantity and quality, as well as rapidly increasing energy consumption due to the use of outdated machinery and equipment. The local Department of Industry and Trade has set out to devise and implement energy saving solutions for the production process.
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