Covid-19

Update news Covid-19

Export offensive gains shape as lockdowns ease around the world

Vietnam’s export s are expected to bounce back as many partners are gradually exiting lockdown, in addition to the positive effects of free trade agreements.

Online recruitment on the rise, but still affected by Covid-19

Both enterprises and workers need new recruitment methods to optimize human resources, experts say.

Japanese experts to arrive in Vietnam to examine lychee exports

Japanese experts are set to arrive in Vietnam on June 3 to examine and supervise phytosanitary measures for the lychees destined for the Northeast Asian market, according to the Ministry of Agriculture and Rural Development (MARD).

IZs development needs planning to attract FDI

The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic 

American, European investors eye Vietnam’s businesses

Asian investors are the buyers in most M&A and capital contribution deals in Vietnam. However, more and more investors from the US and EU have appeared in recent deals.

Gov’t to boost private investment to accelerate post-pandemic growth

The Government is focusing on boosting the development of enterprises and encouraging private investment to accelerate post-pandemic economic growth.

VN banking sector 2020: lower profitability, higher vulnerability anticipated

Commercial banks all can anticipate a sharp fall in profits this year because of Covid-19, though they faced difficulties later than other businesses.

Local airlines regain 35-40% passenger capacity

Air travel demand has increased after a long period of travel restriction because of Covid-19.

How big are the wage funds of the largest enterprises in Vietnam?

Vietcombank and Vietnam Airlines spend VND40 million a month on each employee, much higher than other enterprises.

ASEAN countries continue loosening COVID-19 restrictions

Thailand on May 29 decided to shorten the night curfew by an hour, starting June 1, when the country enters the third phase of COVID-19 lockdown easing.

Vietnam among most successful Asian countries in containing coronavirus: Foreign media

The Australia-based website Eastasiaforum.org on May 28 ran an article titled “Vietnam’s COVID-19 political gains” affirming that Vietnam has earned international accolades as one of the successful countries in Asia to contain the coronavirus.

E-commerce a positive for VN retail sector

Despite the impact of the COVID-19 pandemic, the retail market in Vietnam in the first quarter of this year still recorded positive results from e-commerce, online shopping and delivery services.

VN Gov’t steps up measures to support Coronavirus-affected businesses

The Government has introduced a range of new measures to support businesses affected by the COVID-19 pandemic, according to its Resolution No. 84.

How can foreign investors be prevented from acquiring Vietnamese enterprises?

Vietnamese enterprises, hit hard by Covid-19, may be the ‘aiming points’ of foreign ‘sharks’ attempting to swallow up enterprises at low costs.

Latest Coronavirus News in Vietnam & Southeast Asia May 30

COVID-19: Another imported case confirmed, total hits 328

 

VN garment exports forecast to plummet due to lack of orders

Vietnam's garment and textile exports in the first four months fell 10 percent year-on-year to 10.63 billion USD and could fall much further as buyers cancelled orders due to COVID-19, according to the Vietnam Textile and Apparel Association (Vitas).

High-quality programs at many universities enroll sub-par students

The State Audit, when working with the Ministry of Education and Training (MOET), named a number of schools which enroll students of low quality for high-quality training programs.

Public investment to offer benefits to many local businesses

Public investment is expected to play a very important role in promoting economic growth in 2020 and the enterprises in the building material sector are the biggest beneficiaries, economists say.

IZ developers still make high profits amid Covid-19

Industrial infrastructure companies are still thriving amid Covid-19, and are expected to continue to grow as Vietnam is one of the best destinations for investors in the post-epidemic period.

Catfish sales focus on home market as exports fall

Catfish products can bring export turnover of $2 billion a year, but, surprisingly, the fish has not been favored in the home market.