The Hanoitimes – The economy could expect a boom in private consumption in the post-pandemic period, ranging from tourism, shopping, catering services, to healthcare, said an expert. There is a high possibility that Vietnam could enjoy a V-shaped economic recovery in case the pandemic ends in the second quarter (Q2), given a combination of effective measures […]
Read MoreThe Hanoitimes – The trade ministry has decided to cut electricity tariffs for certain customers by 10% for the next three months to support economic activities amid the Covid-19 pandemic. State-run Vietnam Electricity (EVN)’s Standalone Credit Profile (SCP) of ‘BB’ has reasonable headroom to absorb the impact of the proposed reduction in electricity tariffs in the […]
Read MoreThe Hanoitimes – The tourism industry worldwide has gone into hibernation due to the Covid-19 pandemic, leaving many people out of work and struggling to earn a living. Current forecasts showed that compared to previous crises, worldwide tourism, including Vietnam’s travel industry, will take more time to recover, according to VnExpress. Chairman of the Vietnam Tourism […]
Read MoreThe Hanoitimes – As Vietnam is among a handful of countries that are effectively containing the pandemic, it has a golden chance to step out of the economic deceleration much sooner than other economies. At a time when international markets are struggling with negative impacts of the Covid-19 pandemic, the government’s decision to open the domestic […]
Read MoreThe Hanoitimes – The aviation authority has proposed allowing carriers to increase flight frequency between Hanoi and Ho Chi Minh City, and resume air connection from these two cities to other domestic destinations. The Civil Aviation Authority of Vietnam has submitted to the Ministry of Transport a plan to resume flights from April 23 after the […]
Read MoreThe Hanoitimes – The government is determined to maintain fast economic growth and stabilize market prices at the same time, said Prime Minister Nguyen Xuan Phuc. Vietnam is fully capable of keeping inflation below 4% targeted for this year, according to Prime Minister Nguyen Xuan Phuc. The government is determined to maintain high economic growth and […]
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