Markets

According to Ms. Linh, the owner of the Facebook account named Tinna Linh, in the past week, the number of orders for hand sanitizers, room sprays, and functional foods that strengthen the health resistance for adults and children increased strongly, nearly doubling that on normal days. ‘Customers were not interested in these products before, now they buy them massively. Our stock is not enough for the demand of our customers,’ said Ms. Linh. Ms. Le Ha Vien, the founder of the fan page Cho dau cua Vien (Vien’s strawberry market), shared that she always runs out of strawberries, avocados, sweet potatoes, and asparagus. The number of orders increased by 20-30 percent compared to normal days. Every day, her customers make 20-30 orders with a value of VND200,000-VND300,000 per order. She said that the specific characteristics of her products are that vegetables are cut in the afternoon and sold in the early morning of the next day so she limits only 20 orders per day to … [Read more...] about Online market vibrant amid Covid-19 outbreak

Meanwhile, Zuellig Pharma, one of the largest healthcare service groups in Asia, has supported Vietnam by presenting more than 600 innovative eZCooler boxes to representatives of the northern provinces of Hai Duong, Bac Ninh, Son La, Yen Bai, Ha Giang, and Quang Ninh to enhance access to vaccines in these areas. … [Read more...] about Pharma initiatives to cure the needy

At the same time, the local wood-processing sector still recorded an increase in export volume and value. In the first two months of the year, Vietnam’s wood and wooden product exports to foreign markets brought in US$1.53 billion, up 10.1% compared to the same period in 2019. … [Read more...] about U.S. remains largest buyer of Vietnam’s wood products

The Vietnamese stock market started the new year 2020 with the VN Index jumping to the 990 point threshold and foreign investors buying continuously. The net purchase by foreign investors had reached VND2.117 trillion as of January 24. Asked about the impact of coronavirus, Tuan said the epidemic is having negative impact on many business fields, including aviation, real estate, tourism and F&B. … [Read more...] about Analysts see opportunities for Vietnam in coronavirus crisis

That is a painful decision, but not as agonising as companies not being able to source sufficient inputs to actually produce their products. Last week, Apple Inc., which is arguably one of the best-run companies in the world, essentially guided that it does not know when it will be able to ramp up the full production of its products again. … [Read more...] about COVID-19 outbreak to accelerate relocation wave from China to Vietnam