Businesses in Da Nang will be offered a 50 per cent reduction in fees for COVID tests and given vaccines to boost economic recovery by the end of this year.
HCM City businesses are eager and preparing to reopen after months of closure due to stringent social distancing orders, but continue to face challenges from tough regulations and staff shortages.
The ongoing COVID-19 outbreak is showing more positive signs, with higher vaccination rates and a decline in the number of new infections, raising hopes for businesses of a return to normality and providing support for the stock market.
The impacts of the COVID-19 pandemic have slowed down the operations of businesses in industrial parks (IP), disrupting supply chains and labour, according to a recent report by the Ministry of Planning and Investment (MPI).
Localities and firms in the spices and seasoning industry should devise production recovery plans, apply advanced technologies, diversify products and capitalise on recent new-generation free trade agreements to which Viet Nam is a signatory to bolster exports once COVID-19 is brought under control, a senior trade official has said.
The stock market is becoming a favoured and profitable investment channel for investors amid the COVID-19 pandemic but it also poses many challenges for regulators and market members.
Reopening the economy is necessary but any untimely decision amid low vaccination rates and high contagion risks could stymie the country’s efforts to defeat Covid-19, experts warn.
HCMC should only reopen its economy when vaccination and infection figures signal improvement to avoid causing more damage to struggling businesses, experts say.
Businesses in Viet Nam should learn how to overcome unprecedented challenges and adapt amid the impacts of the new wave of COVID-19 infections, experts said during a webinar.
Demand for e-commerce and pharmaceuticals ensure that the industrial and logistics real estate segments remain the most resilient asset class in 2021, experts have said.