Business

Farmers in Hiep Xuan Commune, Hanoi, are busily harvesting the mulberry and expecting huge incomes.

The number of billionaires in Vietnam has fallen to four in Forbes’ latest list of the world’s richest people.

Petroleum prices in Vietnam were cut from March 16, following a decision by the ministries of Industry and Trade and Finance.

The Governor of the State Bank of Vietnam (SBV) has consistently urged the entire banking system to carry out urgent solutions to prevent and fight against the COVID-19 epidemic amid the new and unpredictable development of the disease.

An Australian supermarket chain will start opening its doors exclusively to customers over 60-years-old for one hour a day as part of an effort to ease the burden of panic-buying on the most vulnerable.

The State Bank of Vietnam (SBV) has asked Vietnamese credit institutions and foreign banks’ branches in the country to disinfect cash in a bid to curb the spread of COVID-19 outbreak.

The authorities in HCM City have seized over 1,500 fake luxury products at local shopping centres on March 12.

Businesses directly affected by the COVID-19 outbreak would be allowed to pay VAT and rent five months late, according to a Government's draft decree being developed by the Ministry of Finance.

Japan will help the Mekong Delta province of Ben Tre to establish a climate-resilient agricultural value chain, said the Japan International Cooperation Agency (JICA) Office in Vietnam on March 12.

Public buses in Hanoi are reporting a decreasing number of passengers due to Covid-19 outbreak.

Vietnam is forecast to lose some 0.41 percent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report by the Asian Development Bank (ADB).

Supermarket shelves have been filled again as supermarkets and local authorities assure citizens that there will be enough food for Hanoi.

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

A chicken processing factory in Chuong My district, Hanoi, has become the first business in Vietnam to be licensed to export processed chicken products to Russia.

Cyclo services in Danang City are struggling to find customers as the tourism industry has been hit by fears of the Covid-19 outbreak.

Farmers in the Mekong Delta are harvesting the 2019-20 salt crop, with the prolonged hot weather providing a bumper harvest, and prices ruling high.

The banking sector is building a credit support programme with a value of VND285 trillion (over USD12.2 billion ) for firms hit by the epidemic of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19).

The Ministry of Industry and Trade (MoIT) confirmed that the goods reserves are still plentiful to ensure adequate supply for people.

Many shops and restaurants in Hanoi and HCM City have closed or are looking for new owners due to Covid-19 fears.