While many travel firms and hotels have gone bankrupt or are idle, others have been thriving thanks to new business strategies and creative products.

January started on a positive note, with city hotels seeing increased MICE and event bookings, while in some resorts corporate bookings started to return, according to Savills Vietnam.

VOV.VN - Vietnam has done a good job in their fight against the coronavirus pandemic, according to US magazine Business Insider citing Australian think-tank The Lowy Institute’s recently-published Index.

VOV.VN - Local businesses have been advised to diversify their markets to intensify import and export activities this year, alongside maximising the benefits of free trade agreements (FTAs), restructuring export products, developing stronger brands, whilst grasping market information and changes in the policies of importers, according to insiders.

VOV.VN - Immediately after the Lunar New Year (Tet) festival, with the novel coronavirus (COVID-19) impacting many localities, domestic enterprises have strived to implement the year’s production plan whilst ensuring the strict implementation of the Prime Minister’s directive regarding pandemic prevention and control.

Homestay services in Vietnam have recently grown into a business, earning income and improving life for entrepreneurs in the field. However, this sector seems to have evolved in different ways which show it may have deviated from the essence of the business as such.

Permanent members of the Government held a meeting under the chair of Prime Minister Nguyen Xuan Phuc on February 18 to discuss a draft plan on comprehensively reforming the State’s economic management.

As many as 91% of local businesses in Hanoi had resumed operations and 94.5% of the labourers had returned to work after the Tet (Lunar New Year) holiday as of February 17, according to the Hanoi Federation of Labour.

Despite a raft of difficulties facing Vietnam’s retail market, economists and insiders are still optimistic about the outlook for the sector in the time ahead, according to the Vietnam Report JSC.

VOV.VN - Alongside containing the COVID-19 pandemic, the Government has been advised to stabilise the macroeconomy, improve the local business climate, and ensure that public investment is strictly supervised and implemented in an effective manner in order to enhance the resilience of the economy, according to insiders.