Da Nang’s economy hit hard by COVID-19 Business

Da Nang’s economy hit hard by COVID-19

Da Nang’s gross regional domestic product (GRDP) has been estimated to be down 9.77 percent this year to about 100 trillion VND compared to 2019 due to COVID-19, a press conference held on December 29 to announce the central city’s socio-economic figures for 2020 heard.
Construction firms face difficulties due to COVID-19 pandemic  Business

Construction firms face difficulties due to COVID-19 pandemic

The complicated developments of the COVID-19 pandemic have seriously affected a large number of enterprises, especially construction companies, as their business and production saw not very good results in the first quarter of 2020, according to a survey by the General Statistics Office.
Stronger reforms needed to facilitate economic performance: PM Business

Stronger reforms needed to facilitate economic performance: PM

Addressing the Government’s meeting on October 2, Prime Minister Nguyen Xuan Phuc requested ministries, sectors and localities to push ahead with stronger reforms to promote production and business activities amid several challenges to and problems of the economy.
No capital shortages for prioritised sectors: central bank Business

No capital shortages for prioritised sectors: central bank

The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at a conference connecting enterprises and banks in Hanoi on April 16.