Stocks hammered by foreign capital outflow
Vietnamese shares retreated on Thursday as foreign investors maintained net-selling amid concerns over the coronavirus-hit global economy.
Vietnamese shares retreated on Thursday as foreign investors maintained net-selling amid concerns over the coronavirus-hit global economy.
The national carrier Vietnam Airlines on Thursday announced that it will suspend all international routes on its flight network until April 30.
Việt Nam recorded a trade surplus of US$900 million during the first half of March, resulting in a nearly $2.74 billion trade surplus for the country by mid-March amid the development of the COVID-19 pandemic.
The Ministry of Industry and Trade (MoIT) issued requirements for individuals and organisations who wish to join the network of consultants for small and medium-sized enterprises (SMEs).
The Ministry of Finance has approved a plan to reduce the fees for some types of securities-related services this week to support market members and investors badly impacted by the COVID-19 pandemic.
As issues related to land use rights still hinder State-owned enterprises from executing equitisation on time, the finance ministry has built a draft to amend the current decree regulating land issues.
As the outbreak of the novel coronavirus (COVID-19) has become a global pandemic, Vietnamese firms must find an alternative to export their products as countries around the world tighten regulations to monitor trade flow.
On Tuesday, commercial banks slashed interest rates in a coordinated effort to support businesses and customers who were affected by the novel coronavirus (COVID-19) outbreak. Director General of the Monetary Policy Department under the State Bank of Vietnam (SBV) Phạm Thanh Hà discussed the details of this plan.
Vietnamese shares struggled to stay positive on Wednesday despite the prolonged foreign capital outflow amid worries about the coronavirus pandemic.
The International Exhibition of Products, Telecommunications Services, Information Technology and Communications (ICT Comm) and the International Exhibition of Film and Television Technology (TELEFILM 2020) will be held together in HCM City in September.
The European Union (EU)’s lockdown of its borders to the stop the spread of the novel coronavirus (COVID-19) pandemic had not yet had a significant impact on goods circulation, an official from the Ministry of Industry and Trade said to Việt Nam News Agency.
Fifteen banks and a finance company have donated VNĐ140 billion (US$8.5 million) to support the fight against the Covid-19 pandemic and help people suffering from drought and saltwater intrusion in rivers around the country.
Việt Nam jumped 23 places from last year to reach 58.8 points, ranking 105th place in the economic freedom index this year.
The Ministry of Transport has proposed Prime Minister Nguyễn Xuân Phúc cut several taxes and service prices for the aviation industry, which is being heavily affected by the COVID-19 pandemic.