As the motorbike registration fee has increased, consumers have become hesitant to buy new motorbikes.

The HCM City Real Estate Association (HOREA) says there has been a sharp increase in inventory and has urged loosening of legal procedures to hasten completion of projects.

Imported pork faces slow sales despite cheaper prices

The Ministry of Agriculture and Rural Development (MARD) has done what it promised – imported pork in large quantities from the US, Canada, Brazil and Russia to stabilize the pork market.

Derivatives market trading increases in March

The number of garment orders for the next two months has decreased by 70 percent, while wooden furniture enterprises have cut capacity by 70 percent for next week. Automobile manufacturers have closed factories.

German firms optimistic about VN economy’s recovery in the medium-term

Many banks have adjusted business plans and set lower business targets as businesses, or bank clients, have been hit hard by Covid-19.

The Purchasing Managers’ Index (PMI) in Vietnam fell from 49 points in February to 41.9 points in March. 

Hanoi poised to cut regular spending by 5% to combat epidemic

After Vietnam halted rice exports, Thailand pushed its export prices up, but now Vietnamese exporters are preparing to return to the world market.

Experts warn that businesses suffering the most may not be able to access the VND285 trillion aid package because they cannot prove solvency.

Offline shops have become deserted as people are staying at home to prevent the spread of coronavirus. As a result, online shopping activities have become busier.

Despite sharp price cuts of hundreds of million of dong, cars still cannot find buyers. The automobile market is predicted to see a minus 15 percent growth rate this year.

More points of sales needed to ensure good supply: says MoIT

Giving every citizen VND1-1.5 million, which will be disbursed three times, to help cover basic needs is one of the initiatives that could help Vietnamese people overcome current difficulties.

Because of the complex movements of Covid-19, banks have drawn up backup plans for credit growth and bad debt management.

Signs of recovery appeared last week as the stock price stopped sliding.

Wood orders see mass cancellations or delays amid COVID-19

As the country’s ‘flower metropolis’, Da Lat exports only 10 percent of its output. The exporters are large companies, especially foreign invested companies.