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Covid cloud to cast H2 shadow over labor market

Covid cloud to cast H2 shadow over labor market

The strongest Covid-19 wave to hit Vietnam will influence many enterprises to postpone or limit their recruitment plans, employment agencies report.
HCMC to reopen groceries markets with pandemic arrangements

HCMC to reopen groceries markets with pandemic arrangements

HCMC has approved a new market model that will have 12 stalls selling essential goods, following all pandemic-related safety measures including distancing and health declarations.
July 25, 2021 | 01:12 pm GMT+7
MB Group eyes $5 bln revenue by 2026

MB Group eyes $5 bln revenue by 2026

Accelerating digital transformation and improving technology infrastructure capacity are key to MB Group’s strategic goals for the new period.
July 25, 2021 | 09:00 am GMT+7
Grab, Gojek… suspend food delivery in Hanoi

Grab, Gojek… suspend food delivery in Hanoi

Tech-based transport firms like Grab, Now, Be, Gojek and BEAMIN have stopped food delivery and ride-hailing services in Hanoi starting Saturday as the city imposes 15-day social distancing.
July 24, 2021 | 04:53 pm GMT+7
Falling out: Thaco subsidiary to no longer invest in HAGL Agrico

Falling out: Thaco subsidiary to no longer invest in HAGL Agrico

Automaker Thaco has scrapped plans to invest further in HAGL Agrico due to the latter’s delays in transferring lands following earlier deals.
July 24, 2021 | 01:15 pm GMT+7
US gets its way as Vietnam agrees not to devalue currency

US gets its way as Vietnam agrees not to devalue currency

The U.S. Trade Representative's office has determined that no tariff action is warranted against Vietnam after its central bank agreed to refrain from "competitive devaluation" of the dong.
July 24, 2021 | 11:48 am GMT+7
Hanoi supermarkets increase inventories

Hanoi supermarkets increase inventories

Supermarkets in Hanoi are stocking two or three times their normal volumes of goods and increasing warehouse capacity to brace for a worsening of the Covid-19 pandemic.
July 24, 2021 | 10:52 am GMT+7
Steelmakers protest proposed tariff adjustments

Steelmakers protest proposed tariff adjustments

The Vietnam Steel Association (VSA) has protested the latest proposed adjustments to tariff rates on steel products saying they will hurt domestic manufacturers.
July 24, 2021 | 10:21 am GMT+7
Farmers ‘cry’ over spilled milk in southern Vietnam

Farmers ‘cry’ over spilled milk in southern Vietnam

Farmers in Soc Trang and Can Tho have been dumping thousands of liters of milk for several days as pandemic restrictions hamper transportation to HCMC buyers.
July 24, 2021 | 08:18 am GMT+7
Government bailout should provide more sustained support: lawmakers

Government bailout should provide more sustained support: lawmakers

The government’s support packages for businesses should extend to foster rapid post-pandemic recovery instead of focusing solely on surviving outbreaks, lawmakers say.
July 23, 2021 | 07:09 pm GMT+7
Covid-19 wave derails growth predictions

Covid-19 wave derails growth predictions

The fourth Covid-19 wave, stronger than the previous ones combined, has stumped growth expectations and made predictions difficult, experts say.
July 23, 2021 | 05:32 pm GMT+7
Japanese foundation to pour $5 mln into women empowerment fund

Japanese foundation to pour $5 mln into women empowerment fund

Japan-based Sasakawa Peace Foundation (SPF) has committed to investing $5 million into Beacon Fund to support female entrepreneurs in Southeast Asia.
July 23, 2021 | 04:17 pm GMT+7
VN-Index plunges with last minute selling-spree

VN-Index plunges with last minute selling-spree

Vietnam’s benchmark VN-Index fell 1.92 percent to 1,268.83 points Friday, pulled down by surging sales volume in the last 25 minutes of trading.
July 23, 2021 | 04:14 pm GMT+7
Vietnam Airlines overdue debts surpass $578 mln

Vietnam Airlines overdue debts surpass $578 mln

Vietnam Airlines had posted overdue debts of more than VND13.3 trillion (nearly $578.3 million), including nearly VND7.1 trillion for aircraft rentals, as of late June.
July 23, 2021 | 04:07 pm GMT+7
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