Việt Nam News

Việt Nam’s stock market suffered a steep decline on Monday as market sentiment was pressured by worries about the broader spread of the coronavirus across the country.

Supermarkets like Saigon Co.op, AEON, MM Mega Market, and Satra said they are still open in HCM City and ready to work with local authorities to supply consumers.

Thirteen enterprises have registered to sell agricultural products directly to citizens using cars and buses in Hà Nội, according to the city’s Department of Industry and Trade.

Though COVID-19 has brought challenges to the coffee industry, businesses can nevertheless seek to adapt by exploring innovative and value-added ideas for Vietnamese coffee.

The State will manage competition in the markets of fixed broadband services and terrestrial mobile communication services.

Delivery businesses are operating at full capacity in HCM City since demand is huge, but many orders are stuck because of Covid-19-related restrictions.

Strong economic recovery, which is expected post-pandemic, and rapid growth of e-commerce will likely result in a significant surge in road freight for Việt Nam and other ASEAN economies, said logistics experts. 

Việt Nam's tra fish (pangasius) exports have done well this year, but the outlook is less bright for the rest of the year since the Covid-19 pandemic has not been controlled yet.

Analysts from securities firms expect that cash flows might fall significantly this week, causing investors to be more cautious. 

Prolonged COVID-19 prevention measures have forced many factories in southern Việt Nam to shut down, raising concerns over supply chain disruption among businesses, especially foreign direct-invested (FDI) companies.

Representatives from 100 businesses and non-traditional education and training units signed a commitment to provide training for human resources in the digital revolution in Việt Nam.

Thuận Châu district plans to expand the area of red-flesh dragon fruit to 150-200ha during 2021-25.

The Cửu Long (Mekong) Delta province of Bến Tre is building new fishing ports and storm shelters and upgrading others to ease the overload on existing ones.

Despite the pandemic impacting the resort, hotel and rental market, the housing and apartment segment still has projects for sale at record prices.

Suspension of production at local wood processing enterprises due to the COVID-19 pandemic is having effects on exports.

Talking to Kinh tế & Đô thị (Economics & Urban Affairs) Newspaper, economist Nguyễn Trí Hiếu said in the immediate future, there must be a timely solution to support businesses to ensure the "dual goal" of fighting the pandemic and maintaining production and business. In the long term, it is necessary to develop a new strategy for supporting industries, as well as diversifying import and export markets to avoid risks from all fluctuations in the world.

The Ministry of Construction has warned about illegal trading of social housing projects amid a scarcity of affordable homes nationwide.