Aid packages for pandemic-hit enterprises

Aid packages for pandemic-hit enterprises
(VEN) - International financial institutions have launched financial support packages to help businesses, especially small- and medium-sized enterprises overcome difficulties in the post-pandemic period.

Singaporeans snatch newly imported Vietnamese fruit

Singaporeans snatch newly imported Vietnamese fruit
(VEN) - Vietnamese lychees have been imported into Singapore for the first time on a large scale and are now available in the NTUC FairPrice supermarket chain. Vietnam Economic News’ Thu Phuong spoke with Vietnamese Commercial Counselor in Singapore, Dr. Tran Thu Quynh, about this breakthrough.

EVN powers up all customer services

EVN powers up all customer services
(VEN) - Pursuing comprehensive reform, the biggest, state-owned power corporation/group in Vietnam - Vietnam Electricity (EVN) - has implemented a digital transformation of its customer services, which are all performed online now as level-4 public services. 

EU trade pact holds out promise for cashew exports

EU trade pact holds out promise for cashew exports
(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) will help deepen the Vietnamese cashew sector’s involvement in global supply chains and increase its exports to the EU market. Vietnam Economic News’ Ha Duyen spoke about the export prospects with Dang Hoang Giang, Vice Chairman and Secretary General of the Vietnam Cashew Association (VINACAS). 

Attracting investment shifted out of China will take time

Attracting investment shifted out of China will take time
(VEN) - Vietnam needs a different approach to boost its integration into the global value chain and take advantage of the early containment of the Covid-19 pandemic in order to draw foreign investors, and specifically those eyeing to shift their investments out of China, experts say.

PM urges sustaining trade surplus despite export, import declines

PM urges sustaining trade surplus despite export, import declines
(VEN) - At a July 2 online conference between the Vietnamese government and localities, Prime Minister Nguyen Xuan Phuc asked sectors and localities to sustain the import-export goal and aim at a trade surplus this year. The country’s trade surplus reached a four-year record of US$9.9 billion in 2019.

Pepper export volume down 5.7 percent in first half

Pepper export volume down 5.7 percent in first half
Vietnam exported over 166,800 tonnes of peppercorn worth 356 million USD in the first half of 2020, down 5.7 percent in volume and 21.1 percent in value compared to the same period last year, according to the General Department of Customs.

Project improves coffee quality in Lam Dong Province

Project improves coffee quality in Lam Dong Province
(VEN) - Lam Dong is one of five Central Highlands provinces selected by the Ministry of Industry and Trade for a key three-year project to improve the productivity and quality of coffee processing by rural industrial establishments.

EVN meets record power demand, urges power saving

EVN meets record power demand, urges power saving
(VEN) - Electricity consumption in Vietnam recorded an all-time high of 38,800MW in June, according to the Vietnam Electricity (EVN), breaking the level of 38,147MW recorded in June 2019. EVN, the state-owned national power distribution company, plans to utilize multiple electricity sources to ensure sufficient power amid constantly rising demand and adverse climate change effects.

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