Economy

In its latest update released on June 3, the World Bank (WB) said Vietnam’s economy has gradually bounced back since social distancing measures were eased.

The US International Development Finance Corporation always attaches great importance to and considers Vietnam a preferred partner in US cooperative projects.

Vietnamese enterprises injected over 180 million USD into 18 foreign markets in the first five months of this year, equivalent to 98.7 percent of the same period last year.

According to the Long An Department of Transport, Tan An bypass project has basically been completed, Tan An 4 bridge is being urgently constructed the final item and expected to open traffic on June 7.

The US was Vietnam’s leading export market in the first five months of the year, with export turnover of 24.6 billion USD, an 8.2 percent increase compared to last year.

Many works and items have been invested and built to create spacious and clean landscapes, improve the quality of people’s life, and contribute to the local socio-economic development.

The foreign capital flow still poured heavily into Vietnam. Accordingly, the total foreign investment capital, including additional capital, capital contribution,... in the first five months of this year reached US$13.9 billion.

Vice Chairman of Long An People's Committee - Nguyen Van Ut, leaders of some departments, branches and People's Committee of Duc Hoa district had a meeting with investors of Huu Thanh Industrial Park.

Vietnam will allow the import of live pigs for the first time in a bid to counter the skyrocketing live hog prices in the domestic market, said an agricultural official.

Despite the blow struck by the COVID-19 pandemic, exports from the Mekong Delta province of An Giang grew 0.08 percent year-on-year to 358.43 million USD in the first five months of this year.

The whole country has entered a new period of "Fighting epidemic and restoring production, business". Accordingly, production, business and catering establishments also reopened in a new normal state.

The Long An Department of Industry and Trade informed that the industrial production index in May increased by 3.3 percent over the previous month, up 1.3 percent over the same period last year.