The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
Suffering strong losses due to its inappropriate retail concept for the Vietnamese setting, Malaysian retail giant Parkson Retail Asia is looking to dispose of its store in the port city of Haiphong.
With a series of signed free trade agreements, Vietnam is opening up a new development horizon for businesses, but as a result manufacturers may suffer from the deeper scrutiny that come along with the deals, especially when it comes to origin of goods.
After devastating retail and hospitality sectors in the real estate market, the COVID-19 pandemic has expanded its negative impact to offices for lease, where many tenants are narrowing their spaces or moving to lower grades.
Vietnamese shares suffered their biggest daily percentage drop in four months as new COVID-19 cases highlighted continued risks posed by the pandemic and dimmed the prospect of a swift economic recovery.
Vietnamese shares suffered their biggest daily percentage drop in almost four months as new COVID-19 cases stoked concerns that new restrictions could derail the economic recovery.
Vietnam is expected to continue witnessing massive difficulties in boosting exports in the second half of 2020 due to its key markets suffering from a decline in consumption, leading to a drop in demand for imports.
By the end of June this year, some 30.8 million Vietnamese people aged 15 and above had suffered the scourge of the novel coronavirus, according to a quarterly labor survey.
Most investment funds in Viet Nam’s equity market reported negative growth in net asset value per share (NAVPS) in H1 due to a stock market downturn, resulting from the impacts of the COVID-19 outbreak.
As the local aviation industry is suffering due to the COVID-19 pandemic, the Airports Corporation of Viet Nam (ACV) is projecting that in 2020, it will record only half of the revenue it got last year.