The Ministry of Industry and Trade has written to the Government proposing extending feed-in tariffs (FITs) for wind power projects until the end of 2023. According to the prime minister’s Decision 39 on supporting the development of wind power, wind power projects will enjoy FITs until the end of 2021. However, due to the negative […]
Read MoreConsumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said. Don Lam, co-founder and CEO of fund management company VinaCapital, recentlyspoke to a group of Republic of Korean investors through video conferencing about Vietnam’sefforts to […]
Read MoreThe Hanoitimes – Orders from online segment of Big C and Saigon Co.op increased during national holidays. Sales from online segment of some big supermarkets in Vietnam increased during national holidays when the retailers launched promotion campaigns for essential products and fresh food as consumption in the period has surged. Saigon Co.op-owned Co.opmart and Co.opXtra. Food […]
Read MoreThe Hanoitimes – As Vietnam has progressively contained the Covid-19 pandemic, the priority now should be to boost business and production activities, said Prime Minister Nguyen Xuan Phuc. Vietnam is determined to achieve an economic growth rate higher than the International Monetary Fund (IMF)’s estimate of 2.7% for this year, the highest in Southeast Asia, according […]
Read MoreThe Hanoitimes – Companies are striving to adopt to a new situation and keep in place precautionary measures although the social distancing order has been lifted. Once the Vietnamese government has eased social distancing orders, the majority of Vietnamese enterprises have been quick to put in motion recovery plans and started resuming operations. During the 15-day […]
Read MoreThe Hanoitimes – Record falls were seen in output, new orders, employment and purchasing amid company shutdowns and the cancellation of orders. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 32.7 in April, well down on the reading of 41.9 seen in March which itself had signaled a record monthly deterioration in the health […]
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