While maritime passenger transport firms were paralyzed soon after Covid-19 broke out, cargo transport firms still saw growth.

Within two months, the State Bank of Vietnam (SBV) slashed interest rates twice to support the economy.

Large-scale production relocating out of China is offering a golden opportunity for Vietnam to attract high-quality US investment.

In a recent report titled “Vibrant Vietnam: Forging the Foundation of a High-Income Economy”, the World Bank has suggested that a productivity-driven development model,

COVID-19 has prompted many economic sectors and their players to change. Some sectors have done quite well in renovating and made certain achievements.

Gaining great achievements in the fight against Covid-19 with membership in many FTAs, Vietnam can attract FDI but it is not the only country competing for projects.

New firms up 36 percent in May

The Foreign Direct Investment (FDI) capital flows over the recent five months of 2020 only decreases compared to the same period last year but rises against the same period of the previous years.

Both enterprises and workers need new recruitment methods to optimize human resources, experts say.

Vietnam must not sit still and wait for FDI to come. If it does, the best will be skimmed off by other countries, according to Nguyen Dinh Cung, a respected economist.

May CPI shows slight reduction due to dropping petrol, power, rice prices

Asian investors are the buyers in most M&A and capital contribution deals in Vietnam. However, more and more investors from the US and EU have appeared in recent deals.

Commercial banks all can anticipate a sharp fall in profits this year because of Covid-19, though they faced difficulties later than other businesses.

Air travel demand has increased after a long period of travel restriction because of Covid-19.

Vietcombank and Vietnam Airlines spend VND40 million a month on each employee, much higher than other enterprises.

Vietnamese enterprises, hit hard by Covid-19, may be the ‘aiming points’ of foreign ‘sharks’ attempting to swallow up enterprises at low costs.

Local firms should have good knowledge about CE and FDA standards: seminar

Public investment is expected to play a very important role in promoting economic growth in 2020 and the enterprises in the building material sector are the biggest beneficiaries, economists say.

Industrial infrastructure companies are still thriving amid Covid-19, and are expected to continue to grow as Vietnam is one of the best destinations for investors in the post-epidemic period.

Vietnam at advantage in economic recovery post-COVID-19: Former Deputy PM