Business

Nearly 74 percent of firms to go bankrupt if epidemic lingers: survey If the epidemic of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) lasts for more than six months, it may cause up to 73.8 percent of the firms to go bankrupt, a recent survey finds. … [Read more...] about Business survey to begin on April 1

“The ongoing coronavirus outbreak is causing anxiety and uncertainty for both people and businesses in Viet Nam. AmCham members are primarily concerned with ensuring the safety of employees, supply chain disruptions, and coping with the sharp drop in consumer and customer demand,” said AmCham Executive Director Adam Sitkoff. … [Read more...] about The US business community concerned on impact of corona virus

Freight flights are the national flag carrier’s efforts to ensure trade, maintain production and business, especially in import-export activities, thus improving the social life of workers in big factories and industrial zones and joining hands with the Government in the pandemic fight. … [Read more...] about Vietnam Airlines increases cargo transport to ensure trade

Hanoi (VNA) - The Vietnam Trade Promotion Agency has encouraged localities, businesses and trade promotion organisations develop online marketing measures during the COVID-19 pandemic, said agency director Vu Ba Phu. They should promote trade promotion activities on digital platforms, develop e-commerce activities and boost the application of information technology for their operations. At the same time, the agency will strongly enhance trade promotion programmes of export products and online trade links between Vietnamese businesses and import partners. Phu told the Cong thuong (Industry and Trade) newspaper that his office would coordinate with Vietnam’s trade offices and commercial counsellors abroad to utilise export opportunities and propose suitable trade promotions. The agency will provide Vietnam trade offices with a list of target markets and goods with high potential of export compiled by localities and commodity associations. Then, those offices would provide the … [Read more...] about Online trade promotion activities should be developed due to COVID-19: agency

“Greater reforms are critical to accelerate economic growth and improve growth quality,” said Nguyen Dinh Cung, CIEM’s Director. He stressed there were a number of challenges ahead for Viet Nam’s economy, while the room for macro-economic policies to stimulate growth was narrowing. … [Read more...] about VN urged to improve economic resilience