Business News

Accordingly, foreign traders and entities operating websites to provide e-commerce services with Vietnamese domains and language, and having over 100,000 transactions from Việt Nam each year, must register e-commerce activities in line with regulations, establish representative offices or appoint authorised representatives in the country.

The consumer price index (CPI) rose by 1.82% year on year between January and September, the slowest hike since 2016, the General Statistics Office (GSO) has announced.

1. Vietnam to lower lending interests via cash influx
2. SBV orders strict control on real estate credit
3. Vietnam's tuna exports drop sharply in August
4. Vietnam's import-export turnover up 24pct in nine months
5. Eight-month exports to Taiwan reach roughly $3 billion
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Viet Nam’s economy dipped by 6.17 percent in the third quarter this year, the lowest figure since the country first reported on quarterly GDP growth. With the latest figure, the economy expanded 1.42 percent in January-September period due to heavy impact of the COVID-19 outbreak which forced many localities to impose social distancing order.

Deputy Prime Minister Le Van Thanh signed Decision 1579/QD-TTg, approving the master plan on development of Viet Nam’s seaport system in the 2021-2030 period, with a vision towards 2050.

Vietnam aims to become a socialist-oriented developed nation by mid-21st century.

According to Standard Chartered, GDP growth in the third quarter may likely have slowed to 1.9 per cent on-year, from 6.6 per cent in the second quarter, as the pandemic hit the economy.

Despite COVID-19, foreign investors’ new capital registered in Vietnam reached 22.15 billion USD in the first nine months, up 4.4 percent compared to the same period last year, as heard at the Government Portal’s online conference held on September 27 with the participation of a number of localities housing foreign direct investment (FDI) projects.