Việt Nam’s manufacturing drops to record low in March due to pandemic
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on Wednesday showed.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on Wednesday showed.
Deputy Governor of the State Bank of Việt Nam (SBV) Đào Minh Tú has instructed commercial banks to continue reducing lending rates for firms affected by COVID-19 by 2 percentage points per year.
Authorities in the Bà Rịa–Vũng Tàu Province have been asked to speed up procedures so that investors can be sought for important projects.
Gas prices fell VNĐ69,000 (US$3) per 12kg canister on Wednesday as global crude oil prices dropped sharply.
According to a directive from the Prime Minister, social distancing will be applied nationwide for 15 days starting from April 1, in an attempt to contain the spread of coronavirus, and only factories, businesses and service establishments producing and providing essential goods and services are allowed to remain open.
The State Bank of Việt Nam on Tuesday issued a directive to reduce the fees for transactions via interbank electronic payment system by 50 per cent for local banks.
Bảo Việt Securities Company (BVSC) reported a realised after-tax profit of VNĐ127.9 billion (US$5.4 million) last year, completing 102 per cent of its plan.