Business News

Macroeconomic stability, controlled inflation, the 5-month consumer price index (CPI) growth of 1.29% - lowest since 2016, created room for price management targeted at CPI growth of less than 4%, said Minister of Planning and Investment Nguyen Chi Dung at the 57th Meeting of the National Assembly Standing Committee on June 15, 2021.

Prime Mnister Pham Minh Chinh urged the southern province of Binh Duong to develop a detailed plan for COVID-19 prevention at industrial parks.

Vietnamese Foreign Minister Bui Thanh Son and Singaporean counterpart Vivian Balakrishnan have agreed to accelerate the establishment of a working group responsible for developing an agreement on mutual vaccine certificate recognition.

Vietnam's import-export turnover during the first five months of 2021 reached over 262 billion USD.

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.