"We know that most businesses are in difficulty and have seen reduced revenue, and have not met targets. As a city leader, we have listened, and we want to accompany and solve problems faced by enterprises. But in reality there has been stagnation in law enforcement in some departments," Phong said. … [Read more...] about HCM City draws up specific policies for large firms
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HCM City (VNA) – More than 1,000 businesses located at processing, industrial and hi-tech parks in Ho Chi Minh City are set to have solar panels installed on their rooftops in the next few years in an effort to promote green development. This comes under a cooperation agreement on developing rooftop solar power in those areas signed between the HCM City Export Processing Zone and Industrial Park Authority Business Association (HBA) and BCG Energy JSC, an affiliate of Bamboo Capital Group on February 24. Accordingly, from now to 2024, BCG Energy will develop at least 300MWp of rooftop solar power at factories based in local processing zones, industrial parks and hi-tech parks. The HBA also aims to install rooftop solar panels at 1,000 companies to raise the capacity to 1,000MWp to help reduce 23 million tonnes of CO2 emissions. At the signing ceremony, HBA Chairman Nguyen Van Be said businesses at local processing, industrial and hi-tech parks now have demand for technology … [Read more...] about Over 1,000 firms in HCM City to develop rooftop solar power
A trader watches stock information on a computer screen. The VN-Index of the Hochiminh Stock Exchange on February 24 lost nearly 30 points at the close - PHOTO: THANH NIEN HCMC – A sell-off on the local stock market today, February 24, dampened investor sentiment, with the VN-Index of the Hochiminh Stock Exchange losing nearly 30 points. … [Read more...] about Strong sell-off hits Vietnam stocks
It quoted Hongkong leader Carrie Lam as warning that the international financial hub was facing an economic crisis worse than either the 2003 SARS (severe acute respiratory syndrome) outbreak that paralyzed Hong Kong or the 2008 financial crisis. … [Read more...] about Travel agencies warn Vietnamese tourists against solo travel to Hong Kong
In terms of retail, smaller, clean and nearby shopping places like street shops, minimarkets and convenience stores are being temporarily favoured against wet markets or larger super- or hypermarkets. In addition, the number of transactions for online shopping and home delivery has significantly increased. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?