Daily Archives: August 6, 2020

Annual cashew nut export goal lowered to 3.2 billion USD

The Vietnam Cashew Association (Vinacas) has decided to lower the cashew nut export target to 3.2 billion USD this year, down from the 4 billion USD set in late 2019, given the impact of COVID-19.   Exports reached 232,000 tonnes

Annual cashew nut export goal lowered to 3.2 billion USD

The Vietnam Cashew Association (Vinacas) has decided to lower the cashew nut export target to 3.2 billion USD this year, down from the 4 billion USD set in late 2019, given the impact of COVID-19.   Exports reached 232,000 tonnes

Seaport fees should be increased: say insiders

Container loading and unloading service charges should be increased to approach the regional level so investors would not feel hesitant when pouring money into developing seaports.   The proposal was raised at a recent online conference held by the Vietnam

Deputy PM demands faster SOE equitisation, State capital divestment

Deputy Prime Minister Truong HoaBinh on August 6 requested the utmost effort from ministries, sectors, and State-owned enterprises (SOEs) to achieve the best result possible in equitising SOEs and divesting State capital from businesses.   At its meeting in Hanoi,

Vinatex’s revenue nosedives 36 percent in Q2

The COVID-19 pandemic dragged down the revenue of the Vietnam National Textile and Garment Group (Vinatex) by 36 percent year-on-year in the second quarter, to just over 3.08 trillion VND (133 million USD).   Profit stood at 280 billion VND,

PM: EVFTA like an expressway bringing EU, Vietnam closer

  Prime Minister Nguyen XuanPhuc chaired a video conference on August 6 regarding the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), during which he described the deal as a broad and modern expressway bringing the EU and Vietnam closer

State Bank of Vietnam cuts some interest rates

  The State Bank of Vietnam (SBV) on August 6 announced its decision on cutting some policy rates with immediate effect, the second time this year following the adjustment on March 16.   Accordingly, the interest rate of compulsory reserves

Exhibition of works from contemporary Vietnamese artists opens in Hanoi

An exhibition displaying artworks from leading contemporary Vietnamese artists opened at the Vietnam National Fine Arts Museum in Hanoi on August 6.   Organised by the Department of Art, Photography, and Exhibitions under the Ministry of Culture, Sports and Tourism,

Vietnamese mat weaving art displayed online

The patterns, colours and technique of traditional Vietnamese mat weaving are on display in an online exhibition through the artworks of Pham Hong Linh.   Due to the pandemic, the exhibition was held online and can be seen at areacodeartfair.com/pham

Over 220 Vietnamese citizens brought home safely from Japan

More than 220 Vietnamese citizens were brought home from Japan on a flight of budget carrier Vietjet Air on August 5.   The flight was arranged by Vietnamese authorities, the Embassy of Vietnam in Japan and the carrier, together with