Anticipating difficulties ahead, businesspeople believe that it is not the time to leave the market.

A World Bank expert’s advice about attracting FDI deserves consideration, according to Bui Trinh, a respected economist.

Vietnam outstrips Thailand in rice export price

Saigontourist, which once held 50 percent of capital at Sai Gon Golf JSC, has divested all of its contributed capital.

Automobile sales down in first seven months

“If enterprises want to join the global supply chain, don’t think local,” said Nguyen Anh Tuan from Samsung Vietnam.

Nearly 20,000 rooftop solar power projects installed

Vietnam’s e-commerce saw a 30 percent growth rate from 2016 to 2020, according to the Ministry of Investment and Planning. The country aims to have 55 percent of population shopping online by 2025.

Many once-famous brands, which were experiencing bad business performance, have revived shortly after being bought by large corporations, reported Saigon Times.

The new outbreak of Covid-19 and the heavy fluctuations of financial investment channels are creating big challenges for the real estate market.

Foreign firms to gain greater footing in petrol retail market

While private enterprises have made more outward investments, state-owned enterprises (SOEs) have been gradually reducing their investments, reported Bizlive.

As many as 12 cities/provinces have not seen new FDI projects this year, reported Saigon Times.

Economists have predicted the resurgence of the COVID-19 pandemic could leave Vietnam facing its lowest level of economic growth in 35 years.

Some economists have suggested pumping 1-2 percent of GDP, or $2.5-5 billion, into 28 SME credit guarantee funds to help businesses overcome current difficulties.

As another wave of COVID-19 hits the nation, many businesses are already on the verge of collapse.

Fierce competition in retail market

The real estate market is facing difficulties because of both Covid-19 and legal problems. Businesses with powerful financial capability are now hunting for land and projects, reported Doanh Nhan Sai Gon.

Rubberwood panels temporarily taxed at zero

Domestic consumption will help the economy recover from the effects of the Covid-19 epidemic