News

The Ministry of Industry and Trade (MoIT) said it will take the initiative in changing trade policies and collaborate with other ministries and localities to effectively support domestic enterprises to increase exports.

Foreign fast food companies are lagging behind their own expansion plans in Vietnam due to the fierce competition with major rivals in the same segment and local competitors.

Stocks in Asia traded mixed on Friday morning following positive developments overnight on U.S.-Mexico negotiations.

Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Viet Nam (SBV) draft regulation.

Japanese electronics giant Sharp plans to shift its computer production from China to Vietnam to avoid trade war tariffs.

Vietnam has envisaged different scenarios for the ongoing U.S-China trade war and prepared methodic responses, the government says.

U.S. agriculture firm Corteva Agriscience has expressed interest in expanding in Vietnam with new farming methods that could increase farmers’ productivity.

Vietnam earned 1.21 billion USD from exporting an estimated 2.83 million tonnes of rice during January-May, declining 20.7 percent in value and 4 percent in volume as compared to the same time last year, the Ministry of Agriculture and Rural Development said.

The State Bank of Vietnam set the daily reference exchange rate at 23,058 VND per USD on June 7, down 2 VND from the previous day (June 6).