Effective gov’t support mitigates Covid-19 impacts on Vietnam financial industry
Incentives timely issued by the government and the central bank to support customers affected by Covid-19 has prevented the type of contagion that occurred during the global financial crisis in 2008.
11:31, 2020/31/09
Dutch Ambassador impressed with Hanoi’s Covid-19 fight
Dutch ambassador to Vietnam Elsbeth Akkerman expressed her impression of Hanoi's efforts to ensure sustainability and inclusivity in plans to get people's life on track when Covid-19 is basically under control.
10:04, 2020/04/09
UOB raises Vietnam GDP growth forecast for 2021 to 7.1%
Assuming there is no further massive outbreak domestically, it is expected the recovery to extend further in the fourth quarter.
11:08, 2020/08/08
Vietnam transport ministry to issue licenses for airlines operating international flights
Vietnam’s aviation authority would give permission for airlines to resume flight routes to six major markets namely South Korea, China, Japan, Taiwan, Laos and Cambodia.
10:32, 2020/32/08
Vietnam seeks investments from Japan, S.Korea into supporting industries
Vietnam will actively and selectively attract foreign investments, taking high-quality, efficiency, modern technology and environmental protection as the key benchmarks.
08:02, 2020/02/08
Vietnam stock market predicted to go sideways after strong performance in Sept
The price to earnings (P/E) of the benchmark VN-Index is not quite cheap to attract new inflows as it is 15.1x (as of 30 September) versus 14.5x – 15x in the pre-Covid time.
14:01, 2020/01/07
Over 4.4 million Vietnamese workers lose jobs on Covid-19
The services sector faced the most severe impacts with 68.9% of its workforce directly affected, followed by the industry and construction sector and agro-forestry and fishery.
12:23, 2020/23/07
Vietnam – UK trade cooperation is a win-win relationship
While the UK continues to be a potential market for Vietnam’s key export staples, the latter could be a springboard for British companies to reach a broader market in Southeast Asia.
16:19, 2020/19/06
Vietnam gov’t pledges to partner with business community to overcome Covid-19
Not only does the Vietnamese government provide supporting packages for the business community, it has also given priority to reforming administrative procedures for greater convenience for the public.
23:01, 2020/01/05
Vietnam credit growth could reach 9% by year-end: C.bank
By the end of August, the credit growth was estimated at only 4.75%, but rose to 6.1% one month later, indicating improvements in enterprises’ access to credit.
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