The Hanoitimes – Vietnam is expected to adopt “travel bubble” scheme with countries and territories where the coronavirus outbreak is under control. The Civil Aviation Administration of Vietnam (CAAV) has proposed the Ministry of Transport consider gradually reopening commercial international air routes from the end of July as part of measures to restore the economy, according […]
Read MoreThe Hanoitimes – Vietnamese economy’s resilience, the government’s capable handling of the pandemic, and it being a beneficiary of supply chain relocation could help the country rebound quicker versus the region. Fitch Solutions, a subsidiary of Fitch Group, has revised up its 2020 real GDP growth forecast for Vietnam to 3% from 2.8% previously. The country’s […]
Read MoreThe Hanoitimes – The Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 51.1 in June, up from 42.7 in May and above the 50.0 no-change mark for the first time in five months. The Vietnamese manufacturing sector returned to growth in June as success in suppressing the Covid-19 pandemic and greater business confidence helped lead to renewed […]
Read MoreThe Hanoitimes – Core inflation in the first six months of 2020 rose by 2.81% year-on-year. The consumer price index (CPI), the main gauge of inflation, expanded 4.19% year-on-year in the first half of 2020, the highest six-month growth rate during the 2016 – 2020 period, according to the General Statistics Office (GSO). Meanwhile, the country’s […]
Read MoreIt is anticipated that local textile and apparel firms will not be able to enjoy any immediate benefits from the European Union -Vietnam Free Trade Agreement (EVFTA) once it enters into force due to rules of origin, according to insiders. A representative from the Thanh Cong Textile Garment – Investment – Trading Joint Stock Company […]
Read MoreVietnamese seafood producers are developing their material in a sustainable way to make use of incentives for rising exports to the EU market. Accounting for about 5 per cent of the world’s shrimp market share and 19 per cent of Vietnam’s shrimp export turnover, Minh Phu Seafood Corporation is the country’s biggest exporter of the […]
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