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[31st July – 6th August 2020] Vietnam Weekly Feature News

August 06, 2020 07:35 AM

A quick review at Vietnam Weekly Feature News

Samsung Electronics looks to shift its production to Vietnam
Samsung Electronics will end personal computer production in China as it looks to shift production to Viet Nam to cut costs and remain competitive in the PC business, according to the Nikkei Asian Review.
-Vietnam Insider

As safety the top priority, when will Vietnam reopen international flights?
Vietnam is planning to move ahead with plans to reopen six international routes this August to priority areas with a frequency of one flight per week.
-Vietnam Insider

Government’ policies encourage automakers to assemble cars in VN
Several automakers are considering assembling their best-selling models in Việt Nam due to the Government’s policy of zero import tariffs on components and a 50 percent reduction in registration fees.
-Vietnam News

Seven-month trade surplus triples
Despite the negative impacts of the Covid-19 pandemic, Vietnam’s trade surplus still increased sharply this year because the country imported less. Vietnam recorded an export value of $145.79 billion in the first seven months of this year, up 0.2 percent year-on-year, while import value reduced by nearly 3 percent to $139.33 billion.

HCM City-Long An Province roads to be widened to cope with growing traffic
HCM CITY — HCM City and its neighbouring Long An Province plan to widen seven roads that connect each other by 2025 at a cost of VND 24.4 trillion (US$1.05 billion).
-Vietnam News

Vietnam provides another automatic extension of temporary stay for foreigners until August 31
Vietnam currently provides an automatic extension of temporary stay through August 31, 2020, for foreigners who entered Vietnam with a visa exemption certificate, e-visa, or tourist visa on or after March 1, 2020 and intend to depart Vietnam during the period of extension (by August 31, 2020).
-Vietnam Insider

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