If the COVID-19 situation worsens, 75 percent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found. The company polled 172 enterprises in various sectors in March-April for the survey on HR practices to cope with the pandemic. The estimated changes in HR budgets will […]
Read MoreVietnam’s export value is expected to rise in the coming months thanks to China’s increase in imports, strong measures taken by the Vietnamese Government, ministries, agencies, and businesses, and the EU-Vietnam Free Trade Agreement (EVFTA). Economist Ngo Tri Long said China – Vietnam’s largest market – has begun to contain the COVID-19 pandemic and Vietnam’s […]
Read MoreThe Hanoitimes – The consumer prices, however, increased 4.9% year-on-year in the January- April period, the highest four-month growth rate during the 2016 – 2020 period. Vietnam’s consumer price index (CPI), the main gauge of inflation, in April saw a sharp decline to five-year low of 1.54% against the previous month as the Covid-19 pandemic caused […]
Read MoreThe Hanoitimes – The Vietnamese e-commerce industry has experienced a lot of sudden changes due to the influence of Covid-19, according to a latest report by iPrice Group. Product categories, which are traditionally the “golden eggs” of the Vietnamese e-commerce industry such as fashion and electronics, were affected negatively during the pandemic, according to the latest […]
Read MoreThe Hanoitimes – With the annual garment revenues of US$39 billion, Vietnam holds the potential of becoming a face mask manufacturing hub. Vietnam’s Prime Minister Nguyen Xuan Phuc has approved a plan on exporting surgical masks, Covid-19 drugs, and medical equipment after the country reported no coronavirus cases in the community for 10 days. The products […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover is likely to have reached US$162.83 billion in the first four months, up 3.4% year-on-year. Vietnam reported an estimated trade deficit of US$700 million in April, narrowing the trade surplus to US$3 billion in the January – April period from the US$3.74 billion recorded one month ago, the General Statistics […]
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