Vietnam’s manufacturers are facing an uphill task to keep operation amid restriction measures. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell to 40.2 in August, down from 45.1 in July and signaling the worst deterioration in the health of the sector since April 2020, according to Nikkei and IHS Markit. Business conditions have now declined […]
Read MoreAfter HCM City resumed operation of goods delivery services on August 31, Viettel Post and Vo So e-commerce platform opened an “online market” to provide food and essential goods for people at hcm.voso.vn. The market meets the demand for goods of the most populous city in the country, especially amid the complicated epidemic situation. To buy […]
Read MoreStandard Chartered has revised down its forecast for Vietnam’s gross domestic product (GDP) growth this year from 6.5% to 4.7%. The country’s GDP in 2022 was predicted to expand 7%, lower than the 7.3% projected earlier, the local media reported. Due to low economic indicators, the serious developments of the Covid-19 pandemic and slow Covid-19 […]
Read MoreEconomic indexes show the situation is getting worse in the country. The most concerning issues are social distancing extensions and other restrictions. A report on socio-economic development in August and the first eight months released by General Statistics Office (GSO) several days ago showed that economic indexes are getting worse, including industrial production, total retail […]
Read MoreVietnam attends a ministerial-level talk of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Amid the complicated development of Covid-19, the CPTPP deal makes positive contributions to the recovery of the economy, trade, and supply chains in a world that has been severely affected by the pandemic, ministers from the CPTPP member countries […]
Read MoreTen years ago, wealthy people said ‘no’ to properties located far from the center of cities, but more are now moving from the crowded inner city to the suburbs, where they can enjoy fresh air and less noise. Analysts say that the pandemic has had a great impact on the real estate market. The social […]
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