Hanoi asked for permission to close shops and some business activities to fight against Covid-19 on March 25. Later, the Prime Minister released a decision on social distancing that began on April 1. Shippers then became the only link connecting buyers and sellers. They included delivery services for online sale apps, post office, freight and […]
Read MoreThe Hanoitimes – Vietnam should be prepared for a new wave of FDI inflows after the Covid-19 medical issue is resolved, which could be in around one year from now, said CEO of VinaCapital Don Lam. In addition to fiscal measures already in place to mitigate the Covid-19 impacts on the economy, Don Lam, CEO of […]
Read MoreMany Vietnamese small- and medium-sized enterprises (SMEs) are facing cash flow problems triggered by the ongoing Covid-19 pandemic, stated a survey by the Vietnam Chamber of Commerce and Industry (VCCI). According to the survey, some 85% of SMEs have scaled down their market, resulting in 60% of firms facing cash flow issues. Further, only 50% […]
Read MoreVietnam’s export value recorded in the first four months of the year rose 4.7% against the year-ago figure to reach nearly US$83 billion, with trade surplus of an estimated US$3 billion, according to the General Statistics Office. These figures showed that the country’s import-export activities hold potential for further growth despite being heavily affected by […]
Read MoreThe “money burning” race in the local e-commerce scene is not over yet, with all Big Four competitors scampering to gain a larger market share. The war of attrition in e-commerce was forecast to moderate as soon as the Big Four (Lazada, Tiki, Shopee, and Sendo) consolidate their supremacy. However, contrary to the prediction, the […]
Read MoreThe Ministry of Industry and Trade has extended the period of selecting prestigious exporters for 2019 until May 30, one month later than the schedule of April 30 due to the impact of the COVID-19 pandemic. The ministry has announced this extension to ministries, sectors, the Vietnam Chamber of Commerce and Industry, commodity associations, industry […]
Read More
Thailand
