Car sales in Vietnam surge 62% in May amid Covid-19 under control
The government’s decision to slash the registration fee for domestically-produced cars by 50% is set to further boost the sale of domestic cars in the two remaining quarters of this year.
14:45, 2020/45/15Vietnam trade surplus jumps to US$3.54 billion in Jan-May
Vietnam's exports slightly declined by 0.9% year-on-year to US$100.21 billion in the January-May period, and imports decreased 4.6% to US$96.67 billion.
14:32, 2020/32/30Business formations in Vietnam surge 36% m/m in May
The number of newly established enterprises in Vietnam in the first five months of 2020, however, was down 10.5% year-on-year to 48,300.
16:41, 2020/41/29Hanoi industrial production recovers in May
A positive growth rate of Hanoi’s industrial production in May led to an expansion of 2.6% year-on-year in the January – May period.
13:54, 2020/54/28FDI commitments to Hanoi up 6.1% in Jan-May
The growing trend of FDI to Hanoi showed result of the city authorities’ efforts to reform administrative procedures and ensure a favorable investment environment.
13:43, 2020/43/28Actual FDI to Vietnam rebounds in May
Due to travel restrictions, disbursement of FDI projects in Vietnam totaled US$6.7 billion in the first five months of 2020, down 8.2% year-on-year.