The Q1 finance reports released by enterprises in nearly all business fields, from manufacturing and real estate to aviation and oil and gas, show big losses. Large enterprises have reported huge losses of trillions of dong.

VN corporate bond market faces risks: Finance Ministry official

With the agreement announced on May 4, Vsmart has become the second brand of Vingroup cooperating with a leading Italian industrial designer.

JP Morgan says Vietnam’s banks are an outstanding investment opportunity in Southeast Asia, while a report from Bao Viet Securities says the banking sector is very promising.

Their network expansion strategy in normal conditions offers great advantages to retailers, but it has put a burden on them during the Covid-19 crisis.

Prime Minister Nguyen Xuan Phuc has requested MPI to build a scenario for economic recovery after Covid-19.

 Localisation rate of Vietnamese automobile industry remains low

The stock market experienced a sharp decline in Q1. KIS Vietnam has advised investors not to ‘sell in May and go away’.

 Garment sector focuses on potential markets

The cashew industry had just overcome the crisis in late 2018 and early 2019 when it was dealt another blow from Covid-19.

While villages making food enjoy good sales and business households work day and night to fulfill orders, other villages which serve tourism are idle.

Shrimp industry confident of reaching 2020 export target: Minister

After a tough 2019, the real estate market has continued experiencing many hardships because of Covid-19.

Vietnam is preparing to ship the first batches of chicken to Russia after the Russian Federal Service for Veterinary and Phytosanitary Surveillance allowed imported chicken from Vietnam.

The inventory index of the automobile industry is 122.5 percent in Q1 compared to the same period last year, though the output has decreased by 10.4 percent.

Some restaurants and hotels owned by Saigontourist have begun selling food online, while iVIVU, the online hotel room booking platform, has started selling combo lunch and Hue Smile local specialties.

Despite the 21 percent decrease in FDI decrease in Q1, Kizuna, which leases ready-made workshops in Long An province, is still moving ahead with its plan to expand production.

As the dollar price has decreased in the international market, the official exchange rate announced by the State Bank of Vietnam (SBV) and dollar market price have also decreased slightly.

Honda Vietnam said the company plans to shift from manufacturing to importing vehicles due to manufacturing interruptions and market stagnation caused by the COVID-19 pandemic.

VinaCapital has predicted a 3 percent GDP growth rate reduction because of Covid-19, while Fitch has projected a modest growth rate of 3.3 percent, and ADB 4.8 percent.