Economy

Eleven provinces and cities had exports of more than 1 billion USD in the first quarter and accounted for 78 percent of the nation’s entire exports.

The impact of the Covid-19 epidemic caused many commercial services to be affected, especially restaurants. However, many business owners changed their methods into online form to face many difficulties.

Online customs declaration services will be made available for exports of additional 38,000 tonnes of rice at 0:00 am on April 26, according to the General Department of Vietnam Customs.

State management agencies, especially the Natural Resources and Environment sector regularly inspect, monitor and manage waste discharge activities to control environmental pollution.

Vietnam’s fruit and vegetable exports to Thailand were 50.51 million USD in the first quarter of 2020, shooting up 308.77 percent from the same period last year, according to the General Department of Vietnam Customs.

On April 22, the State Bank of Vietnam - Long An Branch cooperated with the Department of Industry and Trade, representatives of the commercial banking system to have a meeting.

Officials from provinces and cities in the Mekong Delta – the country’s rice granary - and rice exporters have urged the government to resume rice exports without setting limits.

The Ministry of Planning and Investment has asked for corporate income tax to be cut for small and medium-sized enterprises by half this year in an effort to boost growth when the COVID-19 pandemic eases.

Free trade agreements, including the latest one signed between Vietnam and the EU, will benefit the domestic fertilizer sector, with more diverse import and export markets, experts said.

With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike.

The HCM City Department of Tourism said it has submitted to the State Bank of Vietnam a list of 31 travel and tourism firms that are seeking help to make it through the disruption caused by the COVID-19 pandemic.

The State Securities Commission will soon launch an electronic one-stop information disclosure system for the stock market, news site tinnhanhchungkhoan has reported.