Dat Nguyen

Ride-hailing firm GoViet has appointed a new country general manager as part of its Gojek Vietnam rebrand.

Vietnamese lychees, exported to Japan for the first time last month, are now being sold by Singapore’s largest retail chain, FairPrice.

Vietnam’s GDP would expand by 3 percent this year with a recovery in the second half as Covid-19 appears to have been contained in the country, Fitch Solutions forecasts.

Da Nang’s economy shrank by 3.61 percent in the first half, its first contraction in the 23 years since it became a central-level city.

Gold prices hit a four-month high of VND49.5 million ($2,137) per tael Wednesday as global prices surged due to a resurgence in coronavirus cases.

EuroCham has proposed that imported cars are also given the same 50 percent reduction in registration fees as locally produced cars.

The coronavirus pandemic has caused 7.8 million workers to lose their jobs or have working hours reduced.

The first train for Hanoi’s second metro route will not arrive in July as planned after being delayed by the coronavirus outbreak.

Vietnam’s e-commerce market is set to maintain its recent growth momentum this year with a 30 percent year-on-year rise to reach $15 billion.

Losing out to ride hailing operators and social distancing, amongst others, HCMC bus services are struggling to reroute impacts of low demand.

The Airports Corporation of Vietnam expects a pre-tax profit plunge of 80 percent this year to VND2 trillion ($86 million) due to coronavirus impacts.

Vietnam breweries have slashed their profit targets by up to half this year due to coronavirus impacts and a swelling clampdown on drunk driving.

To reduce unsold inventory and boost tourism infrastructure investment, the Construction Ministry has proposed that foreign investors are allowed to own hospitality property.

Budget carrier Vietjet targets a pre-tax profit of VND100 billion ($4.3 million) for 2020, a drop of 98 percent from last year, due to coronavirus impacts.

The U.S. has initiated an anti-dumping investigation into passenger vehicle and light truck tires from Vietnam and three other economies.