Businesspeople say the impact of the COVID-19 epidemic on enterprises has been ‘beyond imagination’.

Loss-making projects unable to revive must be dissolved: Deputy PM

The race to increase the CASA portion among commercial banks has become fierce.

Modern retail channels have been invading the domain of traditional markets.

Vietcombank’s completion of the sale of shares to foreign investors in early 2019 and BIDV’s action in late 2019 are expected to help attract foreign banks to Vietnam.

Vietnamese confectionery firms get their act together

Many state-owned corporations (SOEs) have asked to be put under the management of ministries as they were in the past. The proposal has been described by VCCI chair Vu Tien Loc as a "step back in the reform process".

After HCM City decided to temporarily close restaurants and catering services with the capacity of more than 30 customers, they began selling online and delivering food.

Not putting high hopes on the interest rate cuts made by the State Bank of Vietnam (SBV) recently, the market is still waiting for a bailout to cover all business fields.

The US dollar price has been increasing sharply over the last two weeks. 

As Covid-19 has been escalating and the oil price has fallen, the national oil and gas group PetroVietnam is considering several possible scenarios, including mine closure. It is also considering buying crude oil to store.

Some countries have temporarily closed shopping centers and asked people to stay at home to prevent the spread of coronavirus, which has affected exports of Vietnamese enterprises.

Hundreds of thousands of tons of rice in Mekong Delta remain unsold as merchants have stopped collecting rice. Farmers fear the rice price will drop dramatically if Vietnam stops exporting rice.

The managers of Sun Group, BRG and Vietjet, speaking at a meeting with Prime Minister Nguyen Xuan Phuc in mid-March, said they were facing difficulties.

Tens of listed companies plan to spend trillions of dong to buy treasury stocks in an aim to prevent stock prices from falling.

With the oil price falling to $30-35 per barrel, the national oil and gas corporation PetroVietnam will lose $3 billion in revenue in 2020.

While many agricultural and aquatic products remain unsold because of decreased demand during Covid-19, rice sales have been satisfactory.

As the covid-19 epidemic has been escalating, the market capitalization value has been sliding. Market losses have reached $44 billion.

Shrimp prices have plummeted in the Mekong Delta since global demand has been hit severely by the COVID-19 pandemic.

Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association.