Vietnam real estate market attract M&A deals during Covid-19
The epidemic has brought great opportunities to businesses with powerful financial capability to hunt for attractive projects and take them over, Vietnamnet reported.
North-South Expressway: Public investment to reduce cost by USD 800 million
Using the state budget for building eight North-South Expressway sections could cut interest expenses alone by VND19.2 trillion ($823 million) over private investment.
Ministry says no to suspension of petroleum imports
Ministry of Industry and Trade leaders disagree with the proposal to stop importing petroleum because of concerns that this could affect consumer rights and violate commitments in trade agreements.
In Vietnam, hotels are being sold as owners take losses amid Covid-19
Many owners cannot maintain operation of their hotels during the epidemic and want to sell them.
Vietnam remains hopeful investment wave after Covid-19
Vietnam is expecting to welcome a new wave of high quality foreign direct investment in the near future thanks to the country’s internationally acclaimed efforts to fight COVID-19.
Vietnam has 4 representatives in Forbes' top 2,000 largest companies in 2020
Vietcombank, BIDV, Vingroup and VietinBank are the four representatives from Vietnam contributing to Forbes' list of the world's 2,000 largest public companies this year, with their rankings all elevating sharply.
Vietnam Ministry of Transport proposes to resume new airlines from 2022
Vietnam Ministry of Transport just proposed to resume new airlines establishment from 2022 when the aviation industry recovers from the Covid-19 pandemic.
Hospitality industry unlikely to recover until next year due to its sharp decline
The rapid spread of COVID-19 around the globe has caused significant damage to several industries, including tourism, which has been one of the hardest hit. Therefore, it is believed a challenging made for the hotel industry to fully recovery in 2020, with a full recovery likely to take place by 2021.
Vietnam industrial estate to grow strongly as multinationals leave China
Vietnam’s industrial real estate is forecasted to thrive as foreign investors move production out of China after the Covid-19 pandemic, according to industry insiders.
Vietnam real estate market remains optimistic
Real estate is facing many difficulties such as the impact of disease, scarce supply...but many factors make investors still believe in the "dawn" of the real estate market in 2020.
Over 1,000 women entrepreneurs in Viet Nam to be supported by Mastercard and CARE
Right after the ease of social distancing due to the Covid-19 outbreak with the resume of business activities in Vietnam, Mastercard Center for Inclusive Growth, an independent subsidiary of Mastercard, is working with CARE, an International Non-Governmental Organization, to provide direct assistance to thousands of women entrepreneurs, which is playing a critical role for economic recovery of Vietnam.
Vietnam commercial banks support over 300,000 Covid-19 affected borrowers
Commercial banks cut interest rates on VND980 trillion (US$42.6 billion) of loans to aid 318,000 COVID-19 affected individual and corporate borrowers by the end of April, according to the State Bank of Viet Nam (SBV).
Vietnam credit institutions settled nearly US$ 1.2 billion of bad debts in Q1 2020
Credit institutions in Vietnam retained more than VND26.94 trillion (US$1.17 billion) of non-performing loans (NPLs) in the first quarter of this year.
Vietnam to put thousands of imported pigs into COVID-19 quarantine
Vietnamese enterprises are increasing imports of breeding pigs to help restock herds across the country battered by an African swine-fever outbreak. These pigs will be put into quarantine according to COVID-19 regulations.
Vietnam to cease new airlines establishment due to Covid-19
Vietnam will not consider applications for new airlines as the country prioritises the recovery of its aviation sector after the impact of the novel coronavirus, the Civil Aviation Authority of Vietnam (CAAV) said on Wednesday.
Vietnam PM allows re-opening of sub-border gates with China
The Prime Minister (PM) has permitted to re-open sub-border gates and border crossing to resume goods trading activities between Vietnam and China, according to the Ministry of Industry and Trade.
Vietnam Airlines opens five new domestic routes
On 12-5, Vietnam Airlines Corporation (Vietnam Airlines) said that in May 2020, the national flag carrier is slated to open five more domestic routes with ticket fares starting from only VND 99,000 per route (US$ 4.25).
Vietnam Central bank reduces rates to aid post-pandemic recovery
The State Bank of Vietnam cut its policy rates for a second time in two months on Wednesday as it seeks to boost growth amid the coronavirus pandemic.
Noi Bai international airport in Hanoi among world’s top 100 for fifth consecutive year
The Noi Bai International airport in Hanoi has made it into the world’s top 100 airport listing for the fifth consecutive year in 2020, announced the Airports Corporation of Vietnam (ACV) on May 12, but still lags far behind other Southeast Asian airports.
Workers’ welfare determined priority amid COVID-19
As the Covid-19 has challenged the usual operation of manufacturing activities across Vietnam, some businesses have put forth on protecting workers’ health as well as ensuring a safe working environment as an essential move to overcome the pandemic.
