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E-commerce vital to help local firms boost exports
May 20, 2021 – Tin tức Việt Nam
Việt Nam has one of the fastest-growing e-commerce sectors in the world. Last year, local e-commerce revenue grew 18 per cent to reach US$11.8 billion, accounting for 5.5 per cent of total retail sales of consumer goods and services nationwide. The COVID-19 pandemic has created tremendous pressure for change and new ways of doing business for firms, even small ones. The need for support from major e-commerce platforms that operate on a global scale is vital for local firms to overcome the difficulties of the pandemic.
Tourism-related firms face bankruptcy due to pandemic
May 20, 2021 – Việt Nam News
Many tourism-related firms that have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections.
According to the firms, they are on the verge of closing their businesses because there are no customers due to the pandemic. With no revenue, they are afraid of losing their restaurants and hotels because they have taken out loans from banks and are now struggling to pay the debts.
India starts anti-dumping investigation of solar cells from Vietnam
May 20, 2021 – VnExpress
Xuất khẩu thép và tiêu thụ trong nước tăng trưởng lần lượt 40% và 68% trong 4 tháng đầu năm 2021.
Vietnamese automaker acquires South Korean retail chain
May 19, 2021 – VnExpress
Một nghiên cứu cho thấy các công ty Hàn Quốc thích Hà Nội hơn Thành phố Hồ Chí Minh để đặt văn phòng vì nơi đây có không gian cao cấp hơn.
Transactions made via digital channels to reach 70% by 2025
May 19, 2021 – Vietnamnet
The Vietnamese government will support boosting the application of new payment methods to achieve the digital transformation goals of the banking industry.
Manufacturers localise supply to circumvent chip shortages
May 20, 2021 – Vietnamnet
A global chip shortage is creating more pressure for manufacturers in Vietnam as they deal with slowed-down production for electronics and tech products
Ministry of Industry and Trade proposes unprecedented new law
May 19, 2021 – Vietnamnet
The Ministry of Industry and Trade (MoIT) said that, while most sub-industries are covered by laws, activities in the processing and manufacturing industry have not had specific regulations.
Landlords await tenants as empty space increases
May 19, 2021 – Vietnamnet
As a result of the ongoing Covid-19 pandemic, the rental market in HCMC has plummeted, pushing many landlords into difficulties as tenants have left, leaving empty spaces in their wake and no takers.