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At the Dinh Vu port in Hai Phong city (Photo: VNA) Hanoi (VNA) – Germany’s crane supplier Kocks Ardelt Kranbau on July 8 signed a contract for the supply of container cranes with Dinh Vu Petroleum Service Port JSC of Vietnam. Addressing the signing ceremony in Brandenburg state, Vietnamese Ambassador to Germany Nguyen Minh Vu expressed his delight at close cooperation between Kocks Ardelt Kranbau and Vietnamese enterprises. He highly valued Kocks Ardelt Kranbau’s move not to only export their products to Vietnam but also cooperate with Vietnamese firms to manufacture large cranes righ...

A port in China’s Guangdong Province has temporarily suspended frozen food imports from Vietnam and 10 other Asian countries since Covid-19 prevention measures have hit its loading capacity. - VnExpress International

Vietnamese consume more meat, beer despite falling incomes By Hong Chai   May 28, 2021 | 11:20 am GMT+7 Customers buy meat in a supermarket in District 9, HCMC. Photo by VnExpress/Quynh Tran. Although incomes have fallen because of the pandemic, a survey has found living standard improvements with Vietnamese people consuming less rice but more beer and meat. The GSO estimates per capita monthly income fell 2 percent from the previous year to VND4.2 million ($182), because of the Covid-19 pandemic, according to the 2020 living standards survey conducted among 47,000 households nationwid...

Minister Mičovský steps down after his nominee ends up in custody. Austria will suspend the landing of planes from the UK. Slovak vaccination strategy will see some changes. Read more news from Slovakia in the May 25, 2021 digest.

Vietnam household debt surges: HSBC report By Vien Thong   May 11, 2021 | 01:34 pm GMT+7 An employee counts Vietnamese banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy. Loans to households by the four major state-owned lenders rose from 28 percent of total loans in 2013 to 46 percent last year, according to HSBC. In its latest ‘Vietnam at a glance - What do banks’ balance sheets tell us?’ report, in which they analyze the balance sheets of Vietcombank, BIDV, Vietinbank, and Agribank -- which accounted for half of all outstanding loans last year – the bank’s analysts...