Thăng Long Air Services Corporation (Taseco Airs) estimates its profit will plummet by 90 per cent due to the COVID-19 pandemic.
While VNĐ1.1 trillion (US$48 million) of public investment was disbursed in the first quarter, foreign direct investment (FDI) in Đà Nẵng fell 80 per cent compared to the same period last year.
Under a plan recently issued by the municipal People’s Committee, the capital city targets that 90 per cent of modern retailers and water, electricity and telecommunications services providers together with 25 per cent of petrol stations would accept cashless payments by the end of this year.
Despite being still slow, credit growth of the banking system in March recovered partly compared with the first two months of this year.
NextTech Group on Monday announced it will invest US$500,000 into Chatbot Việt Nam Technology Joint Stock Company, which runs Bot Bán Hàng – a chatbot platform for sellers and advertisers in Việt Nam.
The Government has recently issued a list of Việt Nam’s special preferential import tariffs to implement the Việt Nam – Cuba Free Trade Agreement from now until 2023.
Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) incurred losses worth more than VNĐ3.7 trillion (US$160 million) in the first quarter of this year due to the impacts of the COVID-19 pandemic.
The Vietnamese benchmark VN-Index recorded its largest daily gain in 19 years on Monday, following last week’s late gains thanks to upbeat global mood on the slowdown in COVID-19-related deaths and new cases.
The Ministry of Industry and Trade has requested northern provinces to promote cooperation with their Chinese partners to implement disease control processes and allow goods through the border.
Enterprises affected by the COVID-19 pandemic could have access to a VNĐ16.2 trillion (US$695.28 million) interest free loan package for a maximum duration of 12 months to pay their employees.
Demand for cold storage is increasing due to the lower consumption of food during the COVID-19 pandemic.
The Việt Nam Oil and Gas Group (PetroVietnam) achieved its production target but suffered reduction in revenue due to lower crude oil prices in the first quarter of this year.
Leading melamine maker Thailand's Srithai Superware Plc is pushing its investment in Việt Nam, Vietnam News Agency reported.
The Ministry of Transport has asked the Government to assign the Ministry of Finance to consider reducing several taxes for transport businesses.
HCM City businesses and authorities have been asked to ensure sufficient oil and petrol for local demand, and to prevent hoarding of these goods during the COVID-19 pandemic.
HCM City has suspended non-urgent construction projects until April 15 in an aim to strictly follow nationwide social distancing rules amid the COVID-19 pandemic.
These scenarios were outlined during the city’s online meeting on Monday discussing socio-economic development in the first quarter and its efforts in COVID-19 prevention and control.
Singaporean firm F&N Dairy Investment Pte Ltd has filed an offer to purchase more than 17.4 million shares at domestic dairy producer Vinamilk (HoSE: VNM).