Industry

A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.

In June, Vietnam Airlines’ revenue from cargo transportation, which normally accounts for 10% of the total, exceeded that of passengers for the first time.

Bilateral trade turnover saw an impressive 40% growth in the first five months of 2021.

Vietnam Airlines will resume direct flights between Vietnam and Asia, Europe, and Oceania from July to October 2021.

The seven major areas include finance, banking, and aviation industries.

The carrier plans to use the loan to pay overdue debts and operational costs.

The private sector is expected to play a key role in driving the country forward in the upcoming decade.

The outlook for the labor market remains grim as the number of employed people continues to decline in the second quarter.

Extending tax incentives for domestic manufacturers is vital to help locally-produced cars compete with those imported from abroad.

A flexible and efficient combination of both monetary and fiscal policies is essential to keep stable macroeconomic conditions.

Depending on the actual situation of each province/city, priority should be given for containing the pandemic, boosting growth, or both, Prime Minister Pham Minh Chinh has said.

Firms remained optimistic overall that output will increase over the coming year.

USAID commits an additional $36 million over the next five years.

The US Government and businesses are expected to further support Vietnam in gaining access to Covid-19 vaccine supplies and transferring technologies for vaccine production.

Vietnam’s aviation industry could recover from the mid-third quarter with the number of air passengers reaching an estimated 70 million in 2021.

Vietnam continues to push for a green growth policy by reducing coal-based power generation and increasing the share of renewables in the total primary energy supply, Vietnam’s President has said.

The results will help the Government better assess the current economic state and socio-economic development trend.

The Vietnamese automaker wants to engage Lao consumers through a local group.

Transportation companies could face their end at any moment, said a sector’s insider.

This is among measures that should help strengthen bilateral trade relations during the Covid-19 pandemic.