Covid-19

Update news Covid-19

Giant retailers hit hard in Covid-19 because of rapid network expansion

Their network expansion strategy in normal conditions offers great advantages to retailers, but it has put a burden on them during the Covid-19 crisis.

VN support industry finds it hard to attract foreign investment

Vietnam's support industry is struggling to attract foreign investment as multinational companies look for alternative options during the COVID-19 pandemic.

Which business fields re-opened first after Covid-19 lockdown?

Prime Minister Nguyen Xuan Phuc has requested MPI to build a scenario for economic recovery after Covid-19.

Parents angry as int'l schools collect tuition for last few months

Students did not go to school for the last several months, but international schools have asked parents to pay tuition as usual.

Hanoi scheduled to host Golden Kite Awards on May 12

After being postponed several times due to COVID-19, the 2019 Golden Kite Awards are finally set to get underway in Hanoi on May 12.

EU, French agency support Vietnam’s resilience to climate change, COVID-19

The European Union (EU) and the French Development Agency (AFD) have reached an agreement to strengthen their joint cooperation for increasing Vietnam’s resilience to climate change and natural hazards, 

Stock market: seasonal effects won’t occur this year

The stock market experienced a sharp decline in Q1. KIS Vietnam has advised investors not to ‘sell in May and go away’.

Wildlife markets sell birds with phony legal documentation

Wildlife traders reveal that most of the wild animals sold at markets are from the wild, but their documents say the birds are from farms raising animals for commercial purposes.

Vietnam set to welcome dual investment flows following COVID-19

Despite FDI shown signs of a slowdown as a result of the negative impact of COVID-19, experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.

VN cashew industry fails to meet export targets

The cashew industry had just overcome the crisis in late 2018 and early 2019 when it was dealt another blow from Covid-19.

Around 670,000 labourers lose jobs in first four months

As many as 670,000 employees lost their jobs in the first four months of 2020 due to the COVID-19 crisis, according to the Department of Employment under the Ministry of Labour, Invalids and Social Affairs.

VN wood processing firms survive amid COVID-19

Many wood processing firms have managed to operate despite the COVID-19 pandemic and many have even chalked out measures to take advantage of the opportunities on offer when the pandemic is over.

How are craft villages doing amid COVID-19?

While villages making food enjoy good sales and business households work day and night to fulfill orders, other villages which serve tourism are idle.

Medical technology startup gets investment amid pandemic

Thuocsi.vn of BuyMed, a startup, is expected to change the traditional medicine supply chain.

PM Phuc tells Vietnam to restart the economy

An online dialogue between Prime Minister Nguyen Xuan Phuc and the business community took place on May 9, aiming to address businesses’ concerns, boost production and restart the economy in response to the COVID-19 pandemic.

ICT firms report revenue reduction of up to 90 percent

Revenue of information, communication and technology (ICT) firms was estimated to have fallen by 30-90 percent in the first quarter of the year due to the COVID-19 pandemic.

Strong price cuts predicted for VN real estate market

After a tough 2019, the real estate market has continued experiencing many hardships because of Covid-19.

VN travel firms shift to sell food online to survive Covid-19

Some restaurants and hotels owned by Saigontourist have begun selling food online, while iVIVU, the online hotel room booking platform, has started selling combo lunch and Hue Smile local specialties.

Despite Covid-19, Vietnam still attracts foreign direct investments

Despite the 21 percent decrease in FDI decrease in Q1, Kizuna, which leases ready-made workshops in Long An province, is still moving ahead with its plan to expand production.

Cutting costs crucial to survival of VN maritime transport

Cutting costs is critical for the maritime transport sector, which is seeing a slowing down in activities due to the COVID-19 pandemic.