Economy

The Vietnam Urban and Industrial Zone Development Investment Corporation has leased nearly 50 ha of land under its management to 10 investors since the start of 2021, despite negative impacts of COVID-19.

The Department of Natural Resources and Environment of Long An province coordinates with relevant departments, agencies, localities and units to effectively implement the land inventory.

The World Bank's latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.

The Vietnamese tea sector saw positive signs in exports in the first two months of 2021 when shipping 17,000 tonnes abroad and earning 29 million USD, down 1.6 percent in volume but up 11 percent in value year-on-year.

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, according to the Ministry of Information and Communications.

More Vietnamese firms have successfully sealed export orders in recent times with the support of e-commerce platforms like Alibaba.com and Amazon.

The Mekong Delta needs 338 trillion VND in the next five years to upgrade its traffic infrastructure, improve water storage and mitigate riverbank and coastal erosion.

The Government’s Decree No.18/2021/ND-CP dated March 11, 2021 has added a stipulation on the exemption of export and import duties of goods in line with international treaties to which Vietnam is a member.

Having posted double-digit growth last year despite COVID-19, many shrimp enterprises have been investing in building processing facilities and raw material areas for their long-term development.

Total two-way trade between Vietnam and the United Arab Emirates (UAE) reached 809 million USD in the first two months of this year, up 58 percent from the same period last year.

Foreign direct investment firms’ import-export value reached 68.52 billion USD in the first two months of 2021, a surge of 31.5 percent from the same period last year, according to the General Department of Vietnam Customs.

Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.