Want to be in the loop?
subscribe to
our notification
Business News
GOV’T ISSUES DIRECTIVE TO BOOST CIRCULATION OF FARM PRODUCE
The Directive states that the fourth COVID-19 wave tied to the Delta variant has produced tremendous disruption in production, circulation, consumption and export of farm produce, particularly in areas placed under social distancing, leading to high stockpiles and tumbling prices.
To reverse the trend, the Government orders the Ministry of Agriculture and Rural Development to take measures to non-disruption of agricultural production chain; coordinate with the Ministry of Foreign Affairs and the Ministry of Industry and Trade to foster export of farm produce to China.
The Ministry of Industry and Trade is assigned to instruct localities where COVID-19 pandemic has been put under control, to reopen traditional markets and wholesale markets.
The Ministry of Transport is in charge of ensuring smooth transportation of farm produce for consumption and export; inspecting and requesting localities to abolish regulations that are contrary to those of the Government regarding circulation of goods.
The Ministry of Health is tasked to coordinate with ministries, agencies and localities in providing instructions for production establishments to maintain safe production in the face of the COVID-19 pandemic.
The Ministry of Finance is responsible for directing customs agencies to facilitate customs clearance.
The Ministry of Foreign Affairs shall direct overseas representative missions to update market demand and provide support for exporters to step up agricultural exports to the host countries.
The Government tasked provincial and municipal People’s Committees to timely and effectively implement the Government’s Resolution No. 105/NQ-CP dated September 9, 2021 on support for enterprises, co-operatives and household businesses.
They are ordered to set up working groups to instruct production facilities to ensure safe production and promptly handle obstacles and difficulties facing businesses, especially those relating to circulation of goods and movement of workers between localities.
Localities shall give priority to inoculating people who work in agricultural sectors; prevent and strictly fine those who illegally transport wildlife and related products into Viet Nam.
Source: VGP
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























