Covid-19

Update news Covid-19

Retail, both online and offline, expected to recover strongly after Covid-19

Despite the epidemic, the Vietnamese retail market in Q1 saw positive signs from e-commerce, online shopping, and delivery services.

Supporting industries at a crossroads

The foreign capital inflow into Vietnam will help local enterprises expand their production, but the opportunity can only be grabbed by capable enterprises.

Marketing now a must for homestay owners due to COVID-19 pandemic

As she owns one of the most beautiful villas in Tam Dao Golf Course, Nguyen Thanh Hang had never spent a penny promoting her Sapphire Villa but was still fully booked most of the time.

 

Vietnamese students change study-abroad plans because of Covid-19

Students planning to study abroad this year may have to postpone or delay the plans because of the epidemic. Large universities have also adjusted their enrollment schedules.

Auto manufacturers manage to retain workers

While automobile manufacturers in the world have laid off workers in large quantities to reduce operation costs during the Covid-19 crisis, automobile joint ventures in Vietnam have retained their workforce.

International media laud Vietnam’s potential for economic recovery

Vietnam has earned the highest trust globally in battling COVID-19, with 95 percent of respondents expressing such a belief in a recent poll by UK data analysis and market research firm YouGov.

COVID-19 to create an M&A wave in Viet Nam

Weak financial stability and a lack of capital are forcing many businesses to seek M&A deals amid the COVID-19 pandemic.

High tuition at medical schools puts poor students at disadvantage

The announcement by the HCM City University of Medicine and Pharmacy on raising tuition by five times has stunned the public.

ASEAN strengthens cooperation to mitigate COVID-19 impact on vulnerable groups

The ASEAN Ministerial Meeting on Social Welfare and Development (AMMSWD) was held online on June 10 with the aim of mitigating the impact of COVID-19 on vulnerable groups.

Vietnam, Japan hold deputy defence minister-level phone talks

Sen. Lieut. Gen. Nguyen Chi Vinh, Deputy Minister of National Defence, on June 10 held phone talks with his Japanese counterpart Nishida Yasumori.

Ministries consider plans to resume international air routes

Airlines have been ready to fly internationally for two months and will provide the first post-Covid-19 flights as soon as they get the nod from the government.

Businesses can't access loans, banks see slow credit growth

Businesses are expecting interest rates to continue to fall, while banks’ credit growth continues to stand still or declines because of low credit demand.

Vietnam stimulates domestic tourism to restore economy

The tourism sector has devised tourism stimulus measures to revive the domestic tourism market, remove obstacles for tourism companies, and prepare to receive foreign visitors after the COVID-19 pandemic ends.

Vietnam Airlines wants $0.52 billion in preferential loans to overcome effects from pandemic

The State Capital Management Committee at Enterprises (SCMC) has asked the state to lend VND12 trillion to Vietnam Airlines for at least three years to help it survive the pandemic.

Vietnam firms suggested to focus on supply chain strategy for long-term resilience

Being among the first countries in the region to reopen its economy, Vietnam should take the advantage to build upon the foundations for proactive resilience, stated PwC Vietnam.

VN aviation industry's slowdown to affect public debt

The debts incurred by enterprises in the aviation industry, due in 2020, if not payable, will have a big impact on public debt.

Vietnam-Japan online trade exchange conference to be held on June 30

An online trade exchange conference on consumer goods between Vietnam and Japan will be held by the Ministry of Industry and Trade on June 30 to help domestic producers gain broader access to the Japanese market.

Tra fish industry strives to win over domestic consumers

An event took place in Hanoi on June 9 to help promote the domestic consumption of tra fish products, a major foreign currency earner that has been hit hard by impact of the COVID-19 outbreak.

Property firms return to market after COVID-19

After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.

E-commerce top players shrink to three

The e-commerce market is expected to witness competition between Tiki-Sendo, Shopee and Lazada, after Tiki and Sendo join under the same roof, slated for this year.