HCMC earned over VND198.5 trillion ($8.66 billion) in budget collections in the first six months, a 19.75-percent rise against the same period last year.
The Saigon Times
Four industry associations have written to the Government asking for help to import the Covid-19 vaccine after they have found a vaccine supply source in the United Arab Emirates (UAE).
Many lenders in Ho Chi Minh City have applied the ‘three-on-the-spot’ mechanism, one of two models required for production companies in virus-hit areas, to deal with difficulties caused by the COVID-19 pandemic.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB) has reported pre-tax profit of VND4.19 trillion (US$183.9 million) for the first half of the year, a year-on-year increase of 44.2 per cent and equivalent to 58 per cent of the full-year target.
The Ministry of Industry and Trade's Department of E-commerce and the Digital Economy has been cooperating with e-commerce platforms to remove barriers to the transportation of essential goods during the COVID-19 outbreak.
Total retail sales of goods and services shrank 8.3 per cent month-on-month in July to VND339.4 trillion (US$14.84 billion) as a result of restrictions induced to stem the ongoing COVID-19 outbreak, according to the General Statistics Office (GSO).
The current Covid-19 outbreak has inevitably caused a sharp drop in consumer spending and a potential rise in living costs, but exports remained a driving force for growth with consistent performance.
Wood processing enterprises which have been implementing the "3 on-site" model in the provinces of Binh Dinh, Binh Duong and Dong Nai have urged the public to put less pressure on them after a cluster of COVID-19 cases were detected at wood production facilities in these provinces.
Beer companies have been facing a turbulent time since early 2020, and now under the fourth wave of the Covid-19 pandemic, the revenues are dropping even more drastically than last year.
“Non-essential” businesses are adopting various ways to survive the fourth Covid-19 wave, diversifying or shifting to a new product range, or boosting online sales and marketing.