Pharmaceutical firms are not entirely confident with performance in 2020 as the pandemic COVID-19 has turned the global supply chain up-side-down.
German enterprises were optimitic about the medium-term recovery of the Vietnamese economy, according to the AHK World Business Outlook 202.
Initially, the committee requested relevant departments and sectors to assist Trung Nam Group in completing procedures so that the enterprise can start construction of a 450MW solar power plant in Phước Minh Commune this month, the chairman said.
Cutting costs and restructuring products are what many real estate firms are doing to deal with difficulties caused by COVID-19.
The Ministry of Industry and Trade has said the most important priority at present is to maintain the operation of domestic industrial enterprises during the novel coronavirus pandemic.
Many banks in Việt Nam have reduced their profit target for 2020, and plan to support companies severely impacted by the COVID-19 pandemic.
Việt Nam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the Covid-19 pandemic.
The Việt Nam Association of Seafood Exporters and Producers (VASEP) on Tuesday asked the Ministry of Finance to offer support to its members amid the coronavirus outbreak.
The Indian Business Chamber in Việt Nam donated VNĐ300 million (US$12,816) to the HCM City Department of Health on April 6 to support the fight against the COVID-19 pandemic.
Shares continue to advance on Tuesday but receded from Monday’s peak due to prolonged foreign net selling amid fears of a slowdown in the global economy.
About 16,000 businesses are not included in the Ministry of Finance’s support package on tax and land rent.
The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes for April and May.
The Hà Nội retail property market faced a lot of difficulties in the first quarter this year due to the impact of the novel coronavirus (COVID-19) pandemic, according to Jones Lang Lasalle Vietnam Co, Ltd (JLL).
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.