Covid-19

Update news Covid-19

VN condotel market: how long will the hibernation period last?

With the number of foreign travelers decreasing sharply and legal problems remaining unsettled, the condotel market is the 'darkest' part of the real estate market.

Vietnam lauds progress made by UN Security Council’s Residual Mechanism

Vietnam spoke highly of progress made by the United Nations Security Council (UNSC)’s International Residual Mechanism for Criminal Tribunals (IRMCT), 

Student Vovinam tournament begins in HCM City

Some 1,620 students from 300 primary, secondary and high schools in HCM City are competing in the third Phu Dong Sports Tournament for the Vovinam Nestlé MILO Cup, 

Covid-19 changes how Vietnamese shop

Instead of going to traditional markets or supermarkets for essential goods, more Vietnamese are buying things online.

Did billionaire Vuong foresee Vietnam joining Quad Plus?

Covid-19 has forced manufacturers to consider restructuring the value chain, according to Sunny Hoang Hoa from Savills HCM City. Vietnam is expected to benefit from the trend.

Chinese found counterfeiting Vietnamese origin for woodwork exports

Many Chinese wooden furniture manufacturers have been found setting up foreign invested enterprises (FIEs) in Vietnam to ‘fabricate’ Vietnamese origin for their exports to the US.

Australian firms in ASEAN consider Vietnam favourable destination

The rise of Vietnam has been highlighted in a recent survey of the Australian Chamber of Commerce (AustCham), as Vietnam is now considered the most favourable place to expand business, 

The VND appreciates despite unfavorable conditions

The dollar price has decreased significantly from VND23,500 per dollar to VND23,300, though current factors are not supporting the exchange rate. This could be a great opportunity for Vietnam’s enterprises.

Coronavirus 'second wave': What lessons can we learn from Asia?

Asia was the first to experience the virus, the first to exit lockdown, and now has new spikes.

Quad+ dialogue offers great opportunities for Vietnam’s enterprises

The Quad countries’ economic prosperity network plan is expected to bring great opportunity to Vietnam’s enterprises.

Economist suggests solution for Vietnam to become powerful after pandemic

Dr Vu Minh Khuong from Lee Kuan Yew School of Public Policy in Singapore thinks that large economic groups such as Vingroup should develop industrial zones (IZs), not only for Vietnam, but also for Southeast Asia.

Grappling with digital evolution

Amid the pandemic, with countries imposing social distancing and lockdown orders, digital transformation has become quite the buzzword, being mentioned more often than ever as people and businesses find themselves more reliant on technology. 

Why does only one airline fly to Con Dao Island?

Deputy head of the Civil Aviation Authority of Vietnam (CAAV) Vo Huy Cuong affirmed that the watchdog agency is unbiased when licensing air routes to Con Dao Island.

FDI is important for VN's real estate market recovery

Foreign direct investment (FDI), which will help the economy recover after Covid-19, is also a driving force for the recovery of the real estate market.

Vietnam announces two more SARS-CoV-2 test kits of international standards

Two more 'made-in-Vietnam' SARS-CoV-2 test kits meeting international standards were announced at a ceremony in Hanoi on June 5.

More VN firms may be acquired by foreigners

Minister of Planning and Investment (MPI) Nguyen Chi Dung warned that many Vietnam businesses may fall into foreign hands because of the pandemic.

Expat life in the ‘new normal’: how will COVID-19 affect the way we travel, live and work abroad?

The COVID-19 pandemic has had large-scale effects on all aspects of life. From trade flows to tourism, the spread of the disease has highlighted the vulnerabilities inherent in a globalised and interconnected world. 

Vietnam continues to attracts FDI, but will not depend on foreign investors: economists

The economy won’t successfully grow if money is only poured into the pockets of a few people, while the majority of people face difficulties and have to live in a polluted environment, experts say.

Two scenarios for Vietnam's economic recovery

Vietnam has to be very cautious when choosing and implementing a plan to reactivate the economy.