- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news post-pandemic
The impacts of the COVID-19 pandemic remain unpredictable across the globe.
The Ministry of Investment and Trade noted that though the export turnover of the processing industry could not regain the strength it had before Covid-19, the recovery was very clear.
Covid-19, which has caused disruptions in cash flow, has created many changes in businesses’ marketing strategies.
The COVID-19 pandemic is not only a big test for enterprise resilience but also an opportunity for businesses to re-evaluate their long-term strategy and urgency of sustainable development.
Localities and all links in the tourism value chain need to join hands to boost domestic tourism, which is now a priority for the struggling industry’s recovery post-pandemic, tourism experts have said.
Vietnam could resume pre-COVID-19 growth levels by next year although the pandemic threw a spanner in the works for the country’s thriving economic growth story, McKinsey & Company said in report published on Consultancy.asia.
The appetite for mergers and acquisitions (M&A) activities in Vietnam has not been dampened by the Covid-19 pandemic.
Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam can do to make itself more attractive to foreign investors post-Covid-19, according to VinaCapital.
Several travel companies admitted that although they are struggling due to the Covid-19 pandemic, it’s hard for them to secure bank loans because banks classify them as high-risk businesses.
Vietnam’s economy grew 1.81 per cent in the first half of 2020
Despite a five-year high in first-half consumer price index, Vietnam is expected to bring inflation under control this year due to feeble demand for production and consumption, as well as shrunken demand in global markets.
A series of favourable policies are expected to be issued by the government’s upcoming taskforce in the country’s bid to attract a new investment wave after the health crisis.