Enterprises need the resources to restructure operations and improve their corporate governance capabilities to not only survive but thrive.
The Deputy Chairman of the Hanoi People’s Committee Nguyen Van Suu said the capital is determined to disburse its entire 2020 public investment funds in order to spur economic growth.
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.
Supermarkets, e-commerce and transport firms are in a bind as an increasing number of motorbike shippers choose to turn off their delivery apps temporarily.
The 2021 Vietnam Annual Economic Report entitled “Repositioning Viet Nam in the Global Dynamics” was unveiled on July 29 by the Vietnam National University - University of Economics and Business.
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 consumer price index (CPI) increased by 1.64 per cent in the January to July period, the lowest rate since 2016, with lower food and electricity prices after Government efforts to stabilise prices and support virus-hit citizens and enterprises in the pandemic, according to the General Statistics Office (GSO).
The pace of export will depend on the recovery of the global economy and the competitiveness of Vietnam’s export staples.
“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.