Việt Nam News

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.

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.

Prime Minister Nguyễn Xuân Phúc has given the green light to the export of medical face masks without any caps on export volume so that Việt Nam would not miss out on the opportunity of becoming the world’s face mask factory amid the COVID-19 pandemic.

The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties in production during the novel coronavirus (COVID-19) pandemic.

Crises tend to accelerate already existing trends and make space for the new

The building material sector would be among the first to benefit from the Government’s efforts to speed up disbursement of public investment, which was identified as a growth driver as the COVID-19 pandemic cast a shadow on the economy.

Nearly 37,600 new firms were established in Việt Nam with registered capital of a combined VNĐ445.2 trillion (US$19.1 billion) in the first four months of this year, down 13.2 per cent in number.