Vietnamplus

Sending Vietnamese labourers to work abroad is among important and efficient channels in job creation, which helps raise income for workers.

The Vietnam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.

Singapore plunged into a technical recession as the economy shrank 41.2 percent in the second quarter compared to the previous quarter.

The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.

Checkable deposits saw a significant quarter-on-quarter decline as of the end of March, despite more payment accounts opened in the first three months of this year.

Increasing ceiling rates for airfares would bring more opportunities for local aviation firms to have flexible and suitable price policies in the domestic aviation market.

Cambodia’s export of locally-assembled bicycles has increased in the context that bicycle industries around the world rust during the ongoing COVID-19 pandemic.

Listed steel companies reported positive business results in the first quarter of this year despite the impacts of the COVID-19 pandemic.

Representatives from shipping companies want to have their loans extended and access new loans to continue production and trade activities.

The Tourism Authority of Thailand (TAT) has forecast that the number of foreign tourists may plunge by almost two-thirds to 14 million this year, the lowest level in 14 years due to impacts of the COVID-19 pandemic.

Online shopping in the first quarter of this year has dropped compared to the same period last year, according to a research by iPrice Group.

Cashew exports are expected to surge in the latter half of the year once the COVID-19 pandemic is put under control.

Vietnam’s tra fish exports fell 29.3 percent year on year to 334 million USD in the first three months of this year, due to the COVID-19 pandemic, but the industry – a big foreign currency earner – may fully recover in the third quarter, according to the Directorate of Fisheries.

Thailand’s cross-border trade fell by 7.6 percent in the first quarter of this year compared to the same period last year as the COVID-19 pandemic hit the global economy and led bordering countries to close dozens of checkpoints.

Online trade connections between Vietnamese firms and import partners were being increased together with trade promotion activities to accelerate post-pandemic export, Deputy Minister of Industry and Trade Do Thang Hai said.

More than 180 Russian citizens were flown home from Cam Ranh International Airport in the south-central coastal province of Khanh Hoa on April 27.

The HCM City Department of Tourism has estimated that the city’s tourism industry suffered losses worth close to 10 trillion VND (426.2 million USD) in the first quarter of this year due to impacts of the COVID-19 pandemic.

Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) incurred losses worth more than 3.7 trillion VND (160 million USD) in the first quarter of this year due to the impacts of the COVID-19 pandemic.

The price of pepper and cashew in southern Vietnam is falling as demand has dropped due to the COVID-19 crisis, affecting farmers and businesses.

Tourist arrivals in Hanoi in the first quarter are estimated at 3.85 million, down 47.2 percent annually, according to the Hanoi Department of Tourism.