STOCKS ADVANCE AMID STRONG CASH FLOW
Despite the profit taking pressure, the VN-Index of the Hochiminh Stock Exchange continued its upward spiral and gained 12.08 points at the close on January 5, buoyed by active cash flow.
VIETNAM’S MANUFACTURING OUTPUT RETURNS TO GROWTH IN FINAL MONTH OF 2020
The Vietnamese manufacturing sector ended the year 2020 in growth territory as business conditions improved following disruptions caused by a succession of storms in November, with output, new orders and employment all increasing in December, according to a report released by IHS Markit on January 4, 2021.
VN TIGHTENS CONTROL OF TEMPORARY IMPORT AND RE-EXPORT GOODS
From January 1, 2021, goods for temporary import for re-export and transit are imported or re-exported out of Viet Nam via terrestrial border, the import or re-export must be implemented at international border checkpoints or primary border checkpoints (bilateral border checkpoints).
GOV’T ISSUES DECREE ON FOREIGN WORKERS IN VIET NAM
The Government has issued Decree No.152/2020/ND-CP regarding foreigners working in Viet Nam and recruitment and management of Vietnamese working for foreign organizations and individuals in Viet Nam.
MINISTRY PROPOSES SUSPENDING FLIGHTS FROM COUNTRIES WITH NEW CORONAVIRUS VARIANT
The ministry suggested the Government leader direct the Ministries of Foreign Affairs, Public Security, Transport and National Defense and the relevant agencies to stop organizing and limit the licensing of flights to Vietnam from countries and territories that have reported cases of the new coronavirus variant, the local media reported.
INFLATION CONTROL CANNOT BE TAKEN LIGHTLY
Although many forecasts said that inflation would be controlled at less than four per cent this year, economists recommended it was still important to pay attention to inflationary pressures.
VN GOV'T ISSUES RESOLUTIONS ON SOCIO-ECONOMIC TARGETS, ENHANCING NATIONAL COMPETITIVENESS
The Vietnamese Government has just issued two resolutions on major socio-economic targets for 2021 and enhancing business environment and national competitiveness, on the heels of a successful 2020 despite the impacts of the COVID-19 pandemic.
NEW BRAND NAME VIMC AIMS FOR FUTURE GROWTH WITH PROFITABLE SEAPORT BUSINESS
After the transformation into a JSC with a new trading name and logo, the country’s shipping group Vietnam Maritime Corporation (VIMC) is setting sail towards the international market and sustainable development by focusing on a profitable seaport business.
