Business

A hotel chain in Hanoi has had to temporarily shut following big losses due to fears of coronavirus.

Foreign direct investment inflows to Viet Nam in the first two months of 2020 were estimated at US$6.47 billion, down 23.6% against the same period last year, according to a report by the Foreign Investment Agency (FIA) under the

Construction started on February 27 on the My Thuan Bridge 2 to connect the Trung Luong-My Thuan and My Thuan-Can Tho expressways between Ho Chi Minh City and Can Tho, linking the two economic powerhouses of the southern region.

Vietnam and China has agreed to reopen more border crossings to reduce the large number of container trucks queuing for customs clearance as a result of the new coronavirus (SARS-CoV-2) outbreak.

Vietnam has so far granted licences to 460 US producers of meat and meat products and 210 exporters of aquatic products, said Deputy Minister of Agriculture and Rural Development Le Quoc Doanh.

A 40-strong business delegation from the US will launch an investment promotion programme in Vietnam from March 3-6, aiming to expand trade and investment cooperation in the Southeast Asian country, according to an official from the US-ASEAN Business Council.

The Asia-Pacific Quality Organisation (APQO) has announced the official launch of the 2020 Global Performance Excellence Award (GPEA).

Services and retail are forecast to attract a large amount of Japanese direct investment into Vietnam this year.

Many train routes have been cut due to the falling number of customers amid the Covid-19 outbreak.

Vietnam was sold as a promising destination for casino investors. However, almost all casinos have faced losses which are attributed to strict policies.

Vietjet airlines has launched a special promotion offering half price fares throughout Vietnam and international destinations in Asia.

Around 80,000 workers are needed in Ho Chi Minh City for the first quarter of this year, according to the HCM City Human Resources Forecast and Labour Market Information (FALMI) Centre.

More than 30,000 stores have been closed on online shopping sites including Shopee, Tiki, and Lazada due to overcharging.

Airlines and travel companies in Vietnam have offered attractive promotions to attract domestic tourists amid the coronavirus outbreak.

More than 230 tour boats at Tuan Chau Port in Ha Long Bay have been left idle due to the coronavirus outbreak.

Twenty-one container trucks of dragon fruits weighing 315 tonnes and a lorry carrying wood totally valued at nearly 5 billion VND underwent customs clearance at Thanh Thuy international border gate in the northern province of Ha Giang on February 18-19.

The launch was attended by more than 200 guests from travel companies, the Foreign and Commonwealth Office of the UK, the Vietnam-UK Network, the Vietnamese Embassy in the UK and national flag carrier Vietnam Airlines.

The government has approved on a plan to build Van Don District into an industrial and entertainment centre.

Many taxi firms have reported a 50% loss in revenue due to the coronavirus outbreak.