The current unpredictability of the Covid-19 pandemic has led to a huge slump in the property market with an explosion of online selling sites marketing townhouses and shops in apartment buildings across Ho Chi Minh City. Many traders are quite enthusiastic to sell properties online and reach out to customers without the fear of taxes or any checks by authorities.
Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Viet Nam, according to a recent report by Electricity of Viet Nam (EVN).
Vietnam was among a handful of economies that has brought the spread of Covid-19 under control early on.
Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.
A resurgence of Covid-19 in a number of countries across the world and geopolitical tensions between major powers continue to pose major risks to Vietnam’s economy.
Such a high fiscal deficit is due to low state budget revenue and increase in regular spending under the severe Covid-19 impacts.
Vietnamese exporters should boost exports to the US through the Amazon e-commerce platform during the COVID-19 pandemic, speakers told a seminar in HCM City yesterday.