Digital tools have facilitated the consumption of agricultural products across the country during the Covid-19 period. The first ten tons of avocados sold out in ten days via a Vietnamese e-commerce platform has made Le Thi Tuyet, a gardener in the Central region, change her mindsets in trading, which is seen as “light at the […]
Read MoreFirms remained optimistic overall of output growth over the coming year. The Vietnam Manufacturing Purchasing Managers’ Index™ (PMI) ticked up to 45.1 in July from June’s reading of 44.1, which, however, signaled deterioration in business conditions across the sector for the second month in a row, according to Nikkei and IHS Markit. A reading below […]
Read MoreThe government has extended lockdown and curfew measures for two more weeks starting on Tuesday with 16 more provinces added to the list of “dark red or maximum and strict control zones”, areas hardest hit by the Covid-19 pandemic. Apisamai Srirangson, assistant spokeswoman for the Centre for Covid-19 Situation Administration (CCSA), on Sunday said the […]
Read MoreThe pace of export will depend on the recovery of the global economy and the competitiveness of Vietnam’s export staples. Export activities would play a key role for the local economy in years to come, said Chief Economist at the Vietnam Institute for Economic and Policy Research (VEPR) Pham The Anh at the launch of the […]
Read MoreGlobal coffee consumers seeking more supplies to fill the void left by the devastating frost in Brazil wont get much relief from Vietnam. Shipments from the country, the biggest robusta coffee grower, are declining because of depleted farmer inventories, a worsening Covid-19 outbreak and a severe container shortage. Exports are likely to continue dropping through […]
Read MoreTotal FDI commitments to Vietnam stood at US$16.7 billion in seven months. Disbursement of foreign direct investment (FDI) to Vietnam rose by 3.8% year-on-year in the January-July period to US$10.5 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. While the actual FDI inflows remain positive, […]
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