PM hints at dissolution and bankruptcy for loss-making mega projects
The main goal is to minimize losses for the state budget and ensure lawful rights for workers, national security and defense, Prime Minister Nguyen Xuan Phuc has said.
21:14, 2020/09/07
Nearly 50% of firms in Vietnam forced to lay off workers in Covid-19 resurgence
Only 2% of enterprises in Vietnam are immune from the pandemic.
06:47, 2020/08/30
Business formations in Vietnam up 1.5% in August amid Covid-19 resurgence
The number of newly-established enterprises in Vietnam in the first eight months of 2020, however, was down 2% year-on-year to 88,700.
14:32, 2020/05/30
Business formations in Vietnam surge 36% m/m in May
The number of newly established enterprises in Vietnam in the first five months of 2020, however, was down 10.5% year-on-year to 48,300.
14:46, 2020/04/06
Vietnam's Q2 GDP growth forecast to slow to 2% or even fall into recession
A change in the epicenter of the pandemic from China to the US and Europe is causing greater impacts on Vietnam’s economy.
12:49, 2020/04/06
Covid-19 leaves 35% of Vietnam firms struggling for survival in 3 months: Survey
The majority of enterprises taking part in the survey are focusing on the domestic market.
14:18, 2020/03/21
Hanoi waives taxes for enterprises hurt by Covid-19
In the two-month period, over 2,600 household businesses in Hanoi were forced to shut down, and 6,400 others suspended operation, an increase of 22% and 37.8% year-on-year, respectively.
13:54, 2020/03/06
74% enterprises may go bankrupt if Covid-19 epidemic lasts 6 months
It is increasingly difficult for enterprises to pay operational expenses as revenues are hit by Covid-19.