Industry

The budget revenue increased significantly in the first five months of this year thanks to recovery from 2020 and some sectors seeing strong growth, such as banking, securities, real estate and automobile industries, according to the General Department of Taxation.

Minister of Industry and Trade Nguyen Hong Dien held a working session with Ambassador of the Republic of Korea (RoK) to Vietnam Park Noh-wan in Hanoi on June 2 to discuss measures to further facilitate cooperation between the two countries in trade, industry, and energy.

Ho Chi Minh City’s Index of Industrial Production (IIP) rose 7.4 percent year-on-year in the first five months of 2021, according to the municipal Department of Industry and Trade.

Export and import management agencies nationwide granted 420,000 certificates of origin (C/O) for 21 billion USD worth of goods shipped to the markets Vietnam has signed free trade agreements (FTAs) with in the first four months of 2021.

Following successful sales of lychees, efforts have been made to sell other Vietnamese farm produce on e-commerce platforms, the Nong nghiep Viet Nam (Vietnam Agriculture) newspaper has reported.

The Enterprize Energy (EE) on May 27 signed a contract with PetroVietnam Technical (PTSC) G&S and Fugro to supply, install and operate a Floating LiDAR (FLiDAR) at the planned site of a wind power project offshore the south central province of Binh Thuan.

Professor, Dr Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam (CPV) Central Committee, has written an article titled “Some theoretical and practical issues on socialism and the path towards socialism in Vietnam.”

A webinar on promoting the development of industrial-scale marine aquaculture in Vietnam took place on May 21.

BNN Bloomberg, Canada's business news network reporting on finance and markets, has recently published an article highlighting the extraordinary 100-fold increase in solar power that has taken place in Vietnam over the last two years.

Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.

Authorities of the south central coastal province of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than 27 billion USD proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).

The People’s Committee of the northern province of Hai Duong will organise a conference on May 18 to promote local lychee and other agricultural products.

Ho Chi Minh City brought in more than 140.3 trillion VND (6.06 billion USD) in budget collections during the January - April period, a 15.76 percent increase year-on-year and fulfilling 30.45 percent of the annual target.

Prime Minister Pham Minh Chinh held phone talks with his Thai counterpart Prayut Chan-o-cha on May 12, during which they agreed to coordinate closely in further developing the enhanced strategic partnership between the two countries.

German firms have expressed their optimism about Vietnam’s economy in both mid-and long terms in a recent survey released by the Association of German Chambers of Industry and Commerce (DIHK) on May 12.

A delegation led by Ambassador of the Republic of Korea (RoK) to Vietnam, Park Noh-wan, paid a visit to the northern mountainous province of Tuyen Quang on May 11.

Ho Chi Minh City’s Index of Industrial Production (IIP) rose 9.7 percent year-on-year in the first four months of 2021, signalling a positive outlook for the local economy in the face of COVID-19, according to the municipal Department of Industry and Trade.

Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.

State President Nguyen Xuan Phuc joined other candidates for the upcoming elections of deputies to the 15th National Assembly and People’s Councils in Ho Chi Minh City at a conference reviewing the socio-economic-cultural situation and national defence-security in HCM City's outlying districts of Cu Chi and Hoc Mon on May 6.