Standard Chartered Bank forecasts Việt Nam’s economic growth will slow to 3.3 per cent in 2020 due to increase in external headwinds.
The Việt Nam Telecommunications Authority has urged telecom companies to lower charges for banking services via SMS for local banks so they can cut fees and promote cashless payments.
HCM City has begun to implement a number of measures to gradually revive business activities post-social distancing necessitated by the Covid-19 pandemic.
Domestic airlines will increase flights on several domestic routes from Thursday while offering new promotions to increase demand after national social distancing ends.
Lower natural rubber prices and falling oil prices helped cut input costs of local tyre firms and increased their profits in the first quarter.
The Ministry of Finance forecast that the budget overspending at 5-5.1 per cent of gross domestic product (GDP) this year, about 1.5-1.6 percentage points higher than the Government’s plan due to the impacts of the COVID-19 pandemic.
Shops reopened yesterday in Hà Nội after three weeks of a social distancing order was issued to tackle COVID-19.
Việt Nam’s credit growth is forecast to slow to only 8 per cent in 2020 from 13.7 per cent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.
The People’s Committee of Hà Nội on Wednesday issued plans on organising activities to connect production and distribution of goods between Hà Nội and other provinces and cities nationwide by year-end.
Industrial park developers and natural rubber companies are the most resilient amid a prolonged global pandemic COVID-19 due to higher cash availability, according to BIDV Securities Corp (BSC).
Vân Đồn International Airport in the northern province of Quảng Ninh announced on Wednesday that commercial flights at the airport could be resumed in early May.
Honda Vietnam announced late on Wednesday that it will resume the production of automobiles and motorbikes from today after 22 days of suspension to prevent the COVID-19 pandemic.
HÀ NỘI – Việt Nam gained shrimp export growth to some key export markets in the first quarter of this year, especially Japan and the US, despite the COVID-19 pandemic, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
The company is listing nearly more than 81.86 million shares on the Hồ Chí Minh Stock Exchange with code BMP.
Việt Nam needs to develop regulations for P2P lending.
Pre-tax profit was VNĐ46.8 billion, 96 per cent of its full-year pre-tax profit plan.
Oil may reach its lowest price in history this week but its impacts on the world economy and Việt Nam have been limited at this time when the COVID-19 pandemic is keeping people at home and transportation has been cut off.
Four securities firms with the largest market shares saw proprietary trading erode their earnings in the first quarter as the global pandemic COVID-19 hit the market hard and pulled share prices down sharply.