HCM City authorities are seeking opinions from experts and enterprises on the best ways to revive the economy, a top city official said yesterday at a seminar.

Construction on the country's the largest data centre, owned by FPT Telecom, officially started at the Hi-Tech Park in HCM City on Monday.

The Government has issued a new decree on environmental protection fees for industrial wastewater treatment that will replace Decree 154 in 2016.

Linking the local market with Amazon is suggested as a way to cope with the negative impacts of the COVID-19 pandemic on business and production, said the Ministry of Industry and Trade (MoIT).

Hanoi asked for permission to close shops and some business activities to fight against Covid-19 on March 25. 

The Ministry of Finance (MoF) and the Ministry of Industry and Trade (MoIT) have failed to find common ground with regards to tax policies for Vietnam’s support industry enterprises.

In response to the call of the Vietnamese Prime Minister and the Vietnam Fatherland Central Committee on Covid-19 prevention, Essential Flavours has donated hundreds of rice sacks to support vulnerable people in Vietnam.

Firms need policies for sustainable development after pandemic

As some business fields are stagnant and the government’s shock relief plans need more time to bring benefits, the picture of the national economy is expected to be darker in Q2 than in Q1.

There is now plenty of movement by German enterprises re-orienting from China, complementing their existing Chinese operations with new activities in Vietnam regarding sourcing and investments.

While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia.

After gaining sweet fruits for years, giant beer and beverage companies in Vietnam are facing losses due to not only the ongoing health crisis, but also tightened drink-driving penalties. 

Vietnam’s economy has been seriously hurt by the continuing coronavirus pandemic. 

The North Magnetic Pole has been racing across the top of the world, from Canada towards Siberia.

With few foreigners yet to register for ownership of properties in Vietnam, there have been calls to significantly raise the ownership cap to entice more overseas buyers.

As many as 35,000 businesses left the market in Q1 (suspended operation, we're dissolved or went bankrupt). Over 11,400 businesses do not operate at registered addresses, according to  the General Statistics Office (GSO).

A handful of international financial groups have cut their ties with coal-fired power plants – a sustainability move as investors and the public demand strong action on climate change.

The People's Committee of Hoi An announced on Tuesday it would issue a fine of VND67.5 million (US$2,870) to five people who disguised themselves as beggars in some areas of the city.

Organisers have not confirmed dates to restart the national football premier league V-League 1, while the National Cup will be delayed for days.

Consumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said.