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.
The COVID-19 epidemic is having an impact on Vietnamese consumer behaviour in the first quarter and will possibly continue in the second quarter, according to global data and consulting company Kantar Worldpanel.
The State Bank of Vietnam (SBV) has urged domestic and branches of foreign credit institutions to offer a cut in loan interest rates for businesses affected by the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) which is taking toll on the regional economies.
Corporate earnings were forecast to slow in 2020 as the economy became more vulnerable to external factors, data firms and securities businesses forecast.
Enterprises should participate in the legislation process of Vietnam's commitments to the EU-Vietnam Free Trade Agreement (EVFTA) in order to make the most of it, a representative from the Vietnam Chamber of Commerce and Industry (VCCI) has said.
A delegation of the Ministry of Agriculture and Rural Development (MARD) led by Deputy Minister Le Quoc Doanh is on a visit to the US to enhance cooperation and farm produce trade from February 24-29.
Sellers hiking the prices of face masks and hand sanitiser on some e-commerce websites have been fined.
A delegation of firms from Singapore was expected to visit Vietnam at the end of this month to seek fruit and vegetable suppliers, as imports from China were declining due to the outbreak of novel coronavirus (COVID-19).
The Vinacomin – Minerals Holding Corporation (Vimico) is going to auction 2,367,040 shares worth over 23.6 billion VND (about 1 million USD) it holds at the Nghe Tinh Non-ferrous Metal JSC on March 10.
Domestic gold prices soared to an eight-year high on February 24, reaching 49.4 million VND (2,128.66 USD) per tael (1,766.4 USD per ounce).
The fears of coronavirus have clouded prospects for the global economy and caused difficulties for Vietnam's stock market.
The COVID-19 outbreak has cost 54 points in the 2020 Vietnam Consumer Confidence, foreshadowing huge downturns in many domestic sectors.
The national flag carrier Vietnam Airlines has restored some services on domestic and international flights with durations of less than 2.5 hours since February 24, as there have been signs showing COVID-19 has been put under control in Vietnam.
The Government has decided to allow Vietcombank and Vietinbank to increase their charter capital by 10 trillion VND (434.8 million USD) in the first quarter of this year, Deputy Prime Minister Vuong Dinh Hue said last month.
More than 1,000 businesses located at processing, industrial and hi-tech parks in Ho Chi Minh City are set to have solar panels installed on their rooftops in the next few years in an effort to promote green development.
The Ministry of Industry and Trade (MoIT) has called for more solar power producers in Vietnam to enjoy fixed feed-in-tariffs (FIT) instead of a bidding mechanism.
Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by SARS-CoV-2 which started to hit the world earlier this year.
Vietnamese e-commerce platforms has forced the removal of thousands of medical supplies from online shops for selling at inflated prices, as part of efforts to keep the market stable during the COVID-19 outbreak.
Local tech platforms and startups aim to take on the world but doing so won't be easy.
The Asia-Pacific Quality Organisation (APQO) has announced the official launch of the 2020 Global Performance Excellence Award (GPEA).