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Update news vietnam economy
The number of securities companies that saw profits decrease or took losses in Q1 were much higher than the number of companies that maintained growth.
Though domestic petroleum depots are full, the Vietnam Energy Association (VEA)
wants to buy oil to store.
2020 may become a ‘nightmare’ for many consumer finance companies, which could see their profits drop sharply because of new regulations and the effects of COVID-19.
Present in 50 countries and territories, Vietnamese dairy producers are step by step building their positions in the world market.
One third of the sons and daughters of top businesspeople have been given opportunities to run businesses, and most of them have initiated reforms.
Contrary to real estate investors and businesses’ expectations, one year after the Formula 1 race track kicked off, the real estate market in Hanoi remains at a standstill.
Experts say investors should target investment channels with high liquidity such as savings accounts, gold and dollars, and wait patiently for opportunities with stocks.
The Covid-19 pandemic continues to cause exports to stagnate. Coffee growers in the Central Highlands are experiencing many hardships.
If the government agrees to slash taxes and fees for domestically assembled cars, this will be a ‘doping dose’ for domestic automobile manufacturers and consumers.
Drastic changes needed in farming practices to access EU market
Fearing a slump amid the epidemic, Vietnamese farmers are hesitating to begin new shrimp hatchery crops.
Commercial banks are seeking more workers even though the economy has been hit hard by the pandemic. Recruitment notices say banks need both officers and medium- and high-ranking managers.
Experts all think the appearance of a new cash flow for bottom fishing will help the stock market recover after a strong correction during Covid-19.
Foreign funds are still pouring millions of dollars into Vietnamese startups because many believe they will see a startup boom when the pandemic ends.
Businesses have taken measures to minimise the adverse effects of the COVID-19 pandemic, said a research committee on private firms under PM Nguyen Xuan Phuc’s Advisory Council for Administrative Procedure Reform.
Vietnamese food inspired on COVID-19 has been praised by international media.
How to eliminate trade conflicts after implementation of EVFTA
Following Zara and H&M, Uniqlo has arrived in Hanoi following its earlier opening in HCM City.
Deputy Governor of the State Bank Dao Minh Tu said at a conference between the Prime Minister and ministries’ leaders that state-owned banks will have to sacrifice 30-40 percent of profit to help businesses cope with Covid-19.