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Textile, auto, timber industries struggle as coronavirus exacts toll

Textile, auto, timber industries struggle as coronavirus exacts toll

Vietnam's textile, auto and timber industries are facing challenges with plummeting revenues threatening massive job cuts as the Covid-19 pandemic intensifies.
Covid-19 impact: HCMC apartment sales plummets

Covid-19 impact: HCMC apartment sales plummets

Q1 apartment sales in HCMC dropped by over 50 percent year-on-year as the novel coronavirus pandemic dampened the market.
April 03, 2020 | 09:16 am GMT+7
Honda, Hyundai assembler close plants for fortnight

Honda, Hyundai assembler close plants for fortnight

Honda and Hyundai assembler TC Motor have shut down their plants for two weeks to protect their employees amid the coronavirus pandemic.
April 01, 2020 | 01:13 pm GMT+7
Ministry wants rice export ban lifted

Ministry wants rice export ban lifted

The Ministry of Industry and Trade has asked the government to lift a ban it imposed on rice exports, saying that the position now is comfortable.
March 31, 2020 | 04:10 pm GMT+7
Companies request cheaper power to overcome coronavirus impacts

Companies request cheaper power to overcome coronavirus impacts

Businesses are proposing a reduction in power prices to help them overcome challenges brought about by the Covid-19 pandemic.
March 31, 2020 | 09:23 am GMT+7
Covid-19 spikes computer sales at electronic stores

Covid-19 spikes computer sales at electronic stores

Many stores have seen demand increase sharply for computers, with some doubling sales since the Covid-19 epidemic struck Vietnam.
March 30, 2020 | 09:28 am GMT+7
Farmers big losers if Vietnam stops rice exports: experts

Farmers big losers if Vietnam stops rice exports: experts

Stopping rice exports will see domestic prices plummet from oversupply, inflicting heavy losses on farmers, experts argue.
March 28, 2020 | 02:35 pm GMT+7
HCMC apartment rent revenues plummet amidst Covid-19 pandemic

HCMC apartment rent revenues plummet amidst Covid-19 pandemic

Landlords are reporting plunging revenues as occupancy drops and struggling tenants seek discounts over coronavirus impacts.
March 28, 2020 | 09:00 am GMT+7
Textile sector braces for $473 mln Covid-19 setback

Textile sector braces for $473 mln Covid-19 setback

The coronavirus pandemic could cost Vietnam’s textile industry VND11 trillion ($473 million) in revenue, with millions losing their jobs.
March 28, 2020 | 08:00 am GMT+7
Tourism firms hibernate as Covid-19 fight rages

Tourism firms hibernate as Covid-19 fight rages

Vietnamese tourism companies are virtually in hibernation mode as the novel coronavirus slashes travel plans and, in turn, their revenues.
March 27, 2020 | 07:44 am GMT+7
Automakers seek tax breaks amid slump caused by pandemic

Automakers seek tax breaks amid slump caused by pandemic

Automakers are seeking tax breaks and fee waivers for buyers to boost demand amid dwindling sales due to the coronavirus pandemic.
March 26, 2020 | 02:00 pm GMT+7
Railroad operators suspend more routes as coronavirus continues to hit demand

Railroad operators suspend more routes as coronavirus continues to hit demand

Several trains to tourist destinations will be suspended from Thursday due to the dwindling demand as a result of the coronavirus pandemic.
March 26, 2020 | 09:59 am GMT+7
Rice traders cry foul over sudden export ban

Rice traders cry foul over sudden export ban

Rice traders are unhappy with the sudden government ban on exports that has million dollar worth of cargo idling at ports.
March 25, 2020 | 07:33 pm GMT+7
Vietnam suspends rice exports to ensure food security

Vietnam suspends rice exports to ensure food security

Vietnam Customs has stopped issuing clearance for rice shipments to ensure food security as the Covid-19 pandemic intensifies.
March 25, 2020 | 07:07 am GMT+7
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