Việt Nam News

HÀ NỘI - The Ministry of Industry and Trade extends the period of selecting the prestigious exporters for 2019 until May 30, one month later than the schedule of April 30 due to the impacts from the COVID-19 pandemic.

The number of pigs in Bình Dương and Đồng Nai provinces is expected to increase in the third and fourth quarters, following the African Swine Flu (ASF) epidemic at pig farms last year.

The Hà Nội Stock Exchange (HNX) held 16 bidding sessions for Government bonds, mobilising VNĐ3.07 trillion (US$130.6 million) last month, down 68 per cent from the previous month.

Weaker foreign direct investment inflow on the back of the Covid-19 pandemic and a likely preference by the central bank for a weaker Vietnamese đồng to support export competitiveness would be key drivers of đồng weakness over the near term, although any currency weakening will be measured to avoid potential punitive measures from the US, experts forecast.

Most hotels and resorts in Việt Nam would resume operations in May with attractive promotions as the country was entering its post-pandemic recovery, Mauro Gasparotti, director of Savills Hotels Asia Pacific said.

Samsung Vietnam on Monday officially announced the massive recruitment of high-tech employees in 2020 with deadline for applications on June 07, 2020.

Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) recorded after-tax profit reached VNĐ2.5 trillion (US$106.5 million) in the first quarter of this year, posting a 19.8 per cent year-on-year increase.

A VBCSD survey found that 31 per cent of member companies said they would focus more on the domestic market and reduce dependence on foreign markets.

The decline was attributed to the impact of the COVID-19 outbreak.

Việt Nam’s reopening of its domestic travel sector is expected to be replicated by focusing on short-haul Asian markets that will enhance its international tourism profile, according to a survey conducted by the hospitality consulting group, the C9 Hotelworks, and Delivering Asia Communications.

Fishery enterprises’ first-quarter profits were hit hard due to negative impacts of the COVID-19 outbreak.

The world is changing as the ongoing coronavirus (COVID-19) pandemic continues to present unprecedented challenges to all economies, industries and living conditions.

The event, which will be carried out online and broadcast live on Vietnam Television, aims to address businesses’ concerns, boost production and restart the economy in response to the COVID-19 pandemic.

Vietnamese shares settled down on Monday as negative news from the international markets clouded local investors' sentiment.

Retail sales increased in both supermarkets and traditional markets in HCM City during the Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.

 The People's Committee of Sa Pa Town, Lào Cai Province has cooperated with the Sa Pa Tourism Association and the Fansipan Cable Car Service Co, Ltd to kick off a tourism stimulus programme.

The Vietnamese manufacturing sector saw an intensification of the downturn last month with Manufacturing Purchasing Managers' Index (PMI) decreasing to 32.7 as a result of the coronavirus pandemic (COVID-19).

In April alone, the IIP slumped sharply by 13.3 per cent over the previous month and by 10.5 per cent over the same period last year. It is also the first IIP decrease in April during the 2016-20 period, the GSO said.