Vietnam Today

Economic growth should pick up pace again in the third quarter of the year and the stock market will continue its upwards trend, Mr. Petri Deryng, Manager of the Finland-based hedge fund Pyn Elite, has said.

The Vietnam Pepper Association (VPA) has proposed a number of measures to remove difficulties facing Vietnamese pepper exporters, especially regarding customs clearance procedures.

The National Assembly (NA) approved the five-year socio-economic development plan in the 2021-2025 period on July 27.

The National Assembly (NA) approved the government structure and number of members in the 2021-2026 tenure on August 28.

The Ministry of Agriculture and Rural Development has said that food supplies are relatively abundant in Vietnam’s south but consumption has fallen due to social distancing measures being introduced, with some agricultural products now exceeding demand.

Vietnam’s coffee exports were down 9 per cent year-on-year in volume and 1.2 per cent in revenue from the beginning of the year to July 15. Factors include shipping costs increasing continually since early 2020 and Vietnam’s raw coffee exports not benefiting from higher world prices.