covid-19 impacts

Latest News about covid-19 impacts

Wage proposal made to facilitate upswingicon
BUSINESS6 hours ago0

Wage proposal made to facilitate upswing

Vietnam may break a 10-year trend by not increasing regional minimum wages for private businesses in 2021 to help ease the financial burden on those ailing from the pandemic.

 
VN firms fail to take up tax payment postponement policyicon

VN firms fail to take up tax payment postponement policy

BUSINESS
15 hours ago

The Government’s policy of a five-month extension for tax payment deadlines did not attract a large number of firms.

Football: New Japanese technical director quarantined upon arrival in Vietnamicon

Football: New Japanese technical director quarantined upon arrival in Vietnam

ENTERTAINMENT & SPORTS
11/08/2020

Yusuke Adachi, the new technical director of the Vietnam Football Federation (VFF), has been placed into isolation for a 14-day mandatory quarantine period following his arrival in Vietnam, the VFF said on August 11.

VN tourism sector works to recover market amid new COVID-19 outbreakicon

VN tourism sector works to recover market amid new COVID-19 outbreak

TRAVEL
11/08/2020

The Vietnam National Administration of Tourism (VNAT) is making preparations for the recovery of the tourism market amid a new COVID-19 outbreak.

Daring proposal: pumping US$2.5-5 billion to save Vietnamese businessesicon

Daring proposal: pumping US$2.5-5 billion to save Vietnamese businesses

BUSINESS
11/08/2020

Some economists have suggested pumping 1-2 percent of GDP, or $2.5-5 billion, into 28 SME credit guarantee funds to help businesses overcome current difficulties.

Wages cut amid pandemic, HCM City’s labourers have their burdens sharedicon

Wages cut amid pandemic, HCM City’s labourers have their burdens shared

SOCIETY
11/08/2020

The COVID-19 pandemic has had enormous impacts on the labour market in Vietnam and being in one of the main economic hubs of the country, labourers in HCM City are suffering greatly.

Vietnam Airlines projects loss of over US$650 million this yearicon

Vietnam Airlines projects loss of over US$650 million this year

BUSINESS
11/08/2020

National flag carrier Vietnam Airlines has forecast a consolidated pre-tax loss for 2020 of nearly 15.18 trillion VND (over 650 million USD) due to COVID-19.

VN travel firms under pressure as travelers require 100 percent refundsicon

VN travel firms under pressure as travelers require 100 percent refunds

TRAVEL
11/08/2020

All travelers have canceled tours to Covid-19 stricken areas and 30-40 percent have canceled tours to epidemic-free areas as well, reported Nguoi Lao Dong.

Vietnamese banks to continually cut costs to aid COVID-19 affected firmsicon

Vietnamese banks to continually cut costs to aid COVID-19 affected firms

BUSINESS
11/08/2020

The State Bank of Vietnam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.

Vietnam expects imminent new wave of foreign investmenticon

Vietnam expects imminent new wave of foreign investment

BUSINESS
11/08/2020

In late July, news that 15 Japanese companies received support from their Government to move to Vietnam from China became a hot topic in the media.

Local businesses struggle as another outbreak hitsicon

Local businesses struggle as another outbreak hits

BUSINESS
11/08/2020

As another wave of COVID-19 hits the nation, many businesses are already on the verge of collapse.

Vietnam's IT employees expect to work on solutions to crises similar to Covid-19icon

Vietnam's IT employees expect to work on solutions to crises similar to Covid-19

BUSINESS
11/08/2020

IT investment and digital working are highlighted in the latest survey to facilitate the digital future of work.

Local companies see Covid-19 drive four million tourists awayicon

Local companies see Covid-19 drive four million tourists away

TRAVEL
10/08/2020

A business report revealed that the coronavirus pandemic has caused a loss of four million visitors to local travel companies, 

Textile, electronics hardest hit in pandemicicon

Textile, electronics hardest hit in pandemic

BUSINESS
10/08/2020

Textile and electronics have been the two export-oriented sectors mostly impacted by the COVID-19 pandemic.

Nha Trang nearly deserted after new Covid-19 patienticon

Nha Trang nearly deserted after new Covid-19 patient

TRAVEL
10/08/2020

Nha Trang City is quiet after social distancing was applied in Khanh Hoa Province due to a new Covid-19 case.

Vietnam's e-commerce sites using live streaming to sell goodsicon

Vietnam's e-commerce sites using live streaming to sell goods

BUSINESS
10/08/2020

Selling goods through live streaming, which has exploded in the Chinese market, has become popular in Southeast Asia, including in Vietnam, reported Nhip Cau Dau Tu (nhipcaudautu.vn).

Tourism sector takes steps to recover market amid new COVID-19 outbreakicon

Tourism sector takes steps to recover market amid new COVID-19 outbreak

TRAVEL
10/08/2020

The Vietnam National Administration of Tourism (VNAT) is making preparations for a recovery of the tourism market amid a new COVID-19 outbreak.

Vietnam stock market predicted to be resilient amid Covid-19 resurgenceicon

Vietnam stock market predicted to be resilient amid Covid-19 resurgence

BUSINESS
09/08/2020

The stock market still proves to be quite attractive in the context of redundant liquidity and other investment channels having not fully recovered.