Business News

Vietnam attracted nearly 14 billion USD in FDI in the first five months of this year, up 0.8 percent over the same period last year.

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Singapore is committed to cooperating closely with Vietnam so that both countries can emerge stronger post-pandemic, Singaporean Foreign Minister Vivian Balakrishnan said ahead of his trip to Vietnam to attend the Asia-Europe Meeting (ASEM) High Level Policy Dialogue from June 20-23.

HCM City is considering a financial support package worth more than VNĐ76 billion (US$3.31 million) from the State budget to support small traders at traditional markets affected by the pandemic.

Consumer Price Index (CPI) in May increased by 0.16% compared to that of the previous month.

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.

According to the Government's policy, expressways must be built in the investment form of public-private partnership (PPP) on the principle of harmonizing shared interests and risks among stakeholders, including the Government, investors and people.

Foreign investment flows into Vietnam’s high-tech sector remained lacklustre in the first five months of 2021, falling behind in meeting national expectations and forcing the country to change its approach.