Q2 Business Performance Expected to Be Better than Q1

A business survey showed that manufacturing and processing companies expected the Covid-19 pandemic would end soon and their business performance in the second quarter would be better than in the first quarter.

Government Is Doing Effective Job Responding to Coronavirus

9:53:49 AM | 7/4/2020

The American Chamber of Commerce in Hanoi (AmCham) on March 31 announced the results of a survey of the U.S. business community in Vietnam on the impact of the coronavirus. Over three-quarters of respondents feel the Vietnamese Government is doing a very effective or extremely effective job responding to the coronavirus crisis.

Balancing Food Security and Surplus for Export

8:52:19 AM | 6/4/2020

The puzzled regulation in rice export raises the question: Should Vietnam boost rice exports to take advantage of rising world demand or save rice to prevent food shortages it could face in the coming time?

How VSS Handles Administrative Procedures during Social Distancing Period

8:47:58 AM | 6/4/2020

On March 31 and April 1, VSS issued Official Dispatches 1061/BHXH-PC and 1068/BHXH-PC on receiving and resolving administrative procedures during the peak phase of preventing the Covid-19 pandemic.

Remedy for Businesses in Covid-19 Pandemic

12:56:45 PM | 4/4/2020

As the Covid-19 pandemic is causing more and more serious impacts on the economy of Vietnam, Prime Minister Nguyen Xuan Phuc issued Directive 11/CT-TTg to help businesses deal with difficulties and ensure social security. This is considered a very positive move of the government and businesses will benefit directly from this stimulus package.

Shrinkage in FDI: Opportunity to Restructure Market

12:48:21 PM | 3/4/2020

The Covid-19 pandemic has unsurprisingly produced a negative impact on foreign direct investment (FDI) flows into Vietnam. FDI inflows to Vietnam in the first quarter of 2020 decreased in both projects and registered value. However, according to experts, this is also an opportunity for Vietnam to restructure the market and have policies to entice investors intending to narrow production in neighboring countries and invest in Vietnam.

Vietnam Attracts $4 Billion FDI Capital Despite COVID-19 Crisis

12:36:06 PM | 27/3/2020

Although the COVID-19 crisis is deepening across the globe, Vietnam managed to woo $4 billion in FDI capital in the first quarter.

Fisheries Enterprises Make Efforts to Overcome Difficulties Caused By Covid-19

11:36:59 AM | 26/3/2020

The production, business and export activities of fisheries have been seriously affected due to the impact of the Covid-19 epidemic, especially in the first two weeks of March. Up to now, the majority of businesses have seen a decrease of 35-50% in their orders.

FDI Pledges to Vietnam Reach US$8.55 Billion in First Quarter

11:35:18 AM | 26/3/2020

Foreign direct investment (FDI) pledges to Vietnam in the first three months of 2020 fell by a sharp 20.9% over the same period of 2019 to US$8.55 billion, according to the Foreign Investment Agency.

Southeast Asia’s Largest Solar Power Plant to Be Built in Ninh Thuan

11:31:52 AM | 26/3/2020

A 450MW solar power plant, the largest of its kind in Southeast Asia, will be built in Phuoc Minh commune in the south central province of Ninh Thuan.

Vietnam’s Two-Month Cashew Exports to US Up

11:33:21 AM | 25/3/2020

Vietnam’s cashew exports to the US in the first two months of the year rose by 21% in volume to 17,900 tonnes and 3.6% in value to US$126.2 million year-on-year, according to the General Department of Customs.