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Update news vietnam economy
Vietnam needs to keep inflation and interest rates at low levels, stabilize the exchange rate, accelerate public investments, and improve the investment environment, economists say.
A series of startups have stopped operation within a short period. Will startups still have opportunities to attract capital from investors?
Even as the European Union-Vietnam Free Trade Agreement (EVFTA), which will take effect from August 1, 2020, promises to bring about tremendous opportunities for businesses and consumers of both sides,
Vietnam will be able to reap fruit from the EVFTA if it can improve the legal framework and enhance implementation capability.
One month after the easing of social distancing measures, many economic sectors have prospered, while some others have shortened their steps of decline.
The average loss for each container of shipments to the EU due to the EC’s yellow card is 10,000 euros, according to a source.
Despite the epidemic, the Vietnamese retail market in Q1 saw positive signs from e-commerce, online shopping, and delivery services.
The foreign capital inflow into Vietnam will help local enterprises expand their production, but the opportunity can only be grabbed by capable enterprises.
Vietnam needs to grab opportunities to reduce its trade surplus with the US.
While automobile manufacturers in the world have laid off workers in large quantities to reduce operation costs during the Covid-19 crisis, automobile joint ventures in Vietnam have retained their workforce.
Airlines have been ready to fly internationally for two months and will provide the first post-Covid-19 flights as soon as they get the nod from the government.
Businesses are expecting interest rates to continue to fall, while banks’ credit growth continues to stand still or declines because of low credit demand.
The State Capital Management Committee at Enterprises (SCMC) has asked the state to lend VND12 trillion to Vietnam Airlines for at least three years to help it survive the pandemic.
Pepper prices unexpectedly fluctuated on confusing information, placing difficulties for export.
The debts incurred by enterprises in the aviation industry, due in 2020, if not payable, will have a big impact on public debt.
The e-commerce market is expected to witness competition between Tiki-Sendo, Shopee and Lazada, after Tiki and Sendo join under the same roof, slated for this year.
Despite the Covid-19 crisis, more private equity funds have been seeking ways to enter Vietnam as investors see bright prospects in the long term.
With the number of foreign travelers decreasing sharply and legal problems remaining unsettled, the condotel market is the 'darkest' part of the real estate market.
During Covid-19, investors become hesitant to pour capital into the economy in general and startups in particular. The startups living on fund raising will not be able to survive, according to Clever Group president Nguyen Khanh Trinh.
Instead of going to traditional markets or supermarkets for essential goods, more Vietnamese are buying things online.