VOV.VN - The second wave of the COVID-19 epidemic to hit Vietnam has continued to deal a devastating blow to small businesses, travel agencies, and tourist accommodations in the Old Quarter of Hanoi due to the suspension of operations.
VOV.VN - The Hanoi People's Committee has moved to require all shops throughout Hanoi’s Old Quarter to close as of midnight on August 1 due to fears regarding recent developments relating to the novel coronavirus (COVID-19) epidemic.
VOV.VN - Since Vietnam moved to apply the ASEAN Single Window mechanism, especially the exchange of electronic certificate of origin (C/O) form D from 2018 to the present, it has been able to save approximately US$ 5.7 million in transaction costs for local businesses
The Government needs to have more practical and quicker support policies to help businesses, especially small ones, recover from the effects of the COVID-19 pandemic, business executives have said.
VOV.VN - The first quarter of the year has seen a total of 4,240 enterprises register to halt operations due to the negative impact of the novel coronavirus (COVID-19) epidemic, representing a sharp increase of 36% in comparison to the same period last year.
Enterprises in certain sectors have mapped out plans to increase their presence in the domestic market as most foreign ones have become frozen due to the COVID-19 pandemic.
Although Vietnam has been successful in containing the Covid-19 pandemic, the disease has raised concerns about the nation’s business environment and prospects for many businesses and industries.
VOV.VN - Vietnam has allowed 788 enterprises from 19 countries to export pork and related products, according to a report issued by the Department of Animal Health under the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - The Ho Chi Minh City Steering Committee for COVID-19 Prevention and Control has issued a set of indicators to assess the risk of novel coronavirus infection for businesses.
VOV.VN - Many businesses have been forced to give workers time off work, especially at weekends due to reduced demand caused by the novel coronavirus (COVID-19).
Businesses should keep a close watch on the developments of COVID-19 to have appropriate production recovery plans after the pandemic declines and ends, according to the Ministry of Industry and Trade.
VOV.VN - With the novel coronavirus (COVID-19) epidemic showing no signs of slowing down globally, many businesses located in Ho Chi Minh City have started to devise solutions aimed at overcoming the difficulties they face in maintaining production activities and ensuring steady jobs for workers.
VOV.VN - Local businesses have been advised to diversify their export markets in a bid to avoid becoming heavily reliant on a single market whilst simultaneously restructuring the source of raw materials to ensure stable domestic production due to increasingly complicated developments relating to the novel coronavirus (COVID-19) epidemic, according to insiders.
VOV.VN - Domestic firms should look into changing from direct to indirect exports via distribution system and e-commerce channels, a move that is considered an urgent requirement due to the increasingly complicated developments of the novel coronavirus (COVID-19), according to the Ministry of Industry and Trade (MoIT).
VOV.VN - The production activities of firms in several localities nationwide have been greatly affected by the novel coronavirus (COVID-19) epidemic as enterprises with partners in China and throughout Asia have had numerous orders cancelled.
VOV.VN - Face masks production companies in Ho Chi Minh City have suffered the shortage of non-woven fabric materials to produce face masks amid the complicated developments of the novel coronavirus (Covid-19). .
VOV.VN - Production activities of several businesses in the central coastal city of Da Nang have suffered disruption due to the recent novel coronavirus (nCoV) epidemic, with enterprises that have transactions with the Chinese market being the worst affected.
VOV.VN - Strong participation among domestic businesses in the agricultural field has proved that the sector is full of promise whilst enjoying a number of advantages, according to a statement made by Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
VOV.VN - There remains a significant gap in business environment between Vietnam and other regional countries, while administrative procedures need to be simplified, thus helping domestic firms make major breakthroughs in their development, has said Vu Tien Loc, Chairman of Vietnam Chamber of Commerce and Industry (VCCI).
VOV.VN - Local firms need to improve their product quality and design and step up trade promotion activities, in order to increase their competitiveness in the Regional Comprehensive Economic Partnership (RCEP) market, according to industry insiders.