Business

Hanoi may only apply stay-stay-work plans to firms with less than 500 workers to avoid mental problems for workers, pressures on firms and cross virus infection inside workplaces.

Digital transformation of the banking and finance sector has made cyber security and information safety a major concern.

Durian prices have sharply fallen in Dak Lak Province as farmers are unable to sell their produce due to the lockdown in various provinces and cities.

The Ministry of Transport have given in-principle approval for a project to use steam trains on a Danang-Hue railway section.

Approximately 11,400 local enterprises leave the market each month, with the number of newly-established businesses decreasing sharply in July by 33.8% compared to the same period from last year, according to information compiled by the Ministry of Planning and Investment.

Vietnam's rice prices have dropped by USD110 per tonne to compete with other countries.

Nearly 25 Vietnamese companies exporting basa fish have withdrawn from the EU market since the beginning of the year.

Leading food processor Vissan in Vietnam has proposed suspending its operations for 3-4 weeks after 43 employees tested positive for Covid-19.

Total foreign direct investment (FDI) registered capital decreased by 11.1% to fall to US$16.7 billion by July 20 due to the adverse impact caused by the latest COVID-19 outbreak, according to the Foreign Investment Agency (FIA).

Vietnamese firms invested USD570.1 million in foreign countries in the first seven months of this year, representing a 2.3-fold increase, the Ministry of Planning and Investment reported.

Bamboo Airways on has announced that they have stopped all commercial flights until August 7 due to the lack of passengers.

Retail petrol prices were down about 100 VND per litre from 3pm on July 27 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Delivery fees in HCM City have sharply increased as tighter social distancing measures are being imposed in the city.

Vietnam's footwear exports brought home 11.27 billion USD from the start of the year to July 15, a year-on-year surge of 28.36 percent, according to the General Department of Vietnam Customs.

More than 900 firms in Hanoi that owe hundreds of billions of VND in taxes have been publicly named by the city Department of Taxation.

Longan farming areas under Covid-19 social distancing measures are facing challenges in seeking outlets for around 4,700 tonnes of fruit.

Many supermarkets in HCM City have announced to close early following tightened social distancing rules imposed in the area.

Vietnam will tighten control over cross-border platforms providing advertisement services like Facebook and Google under new rules taking effect from September 15.

The Office of the United States Trade Representative (USTR) on July 23 issued a formal determination in the Vietnam Currency Section 301 investigation, under which the agency will not take any tariff action against Vietnam.