Renewed expansions were seen for output, new orders and purchasing activity, while business confidence jumped higher, according to the latest manufacturing purchasing managers' index (PMI) survey.
HSBC’s forecast for the country's GDP growth this year has been amended to 5.1 per cent, reflecting the severe impact of the latest Covid-19 outbreak.
HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.
European business leaders ended 2020 more optimistic about Vietnam’s trade and investment environment than at any point since the outbreak of Covid-19, according to the Business Climate Index (BCI) from the European Chamber of Commerce.
The impacts of the Covid-19 outbreak are drastically altering the global economic landscape, disrupting mergers and acquisitions (M&A) environment and opening up new deal considerations for any party involved.
Sun Group carries out speedy procedures at Van Don international airport, Quang Ninh province, while receiving passengers coming from coronavirus-affected areas.
The government of Vietnam decided to temporarily suspend visa exemption for citizens from Denmark, Norway, Finland, Sweden, the UK, France, Germany, and Spain amid complicated Covid-19 outbreak.
There is a trend towards categories like instant noodles, frozen food, sterilized sausage and packaged water and packaged food.
The international visitor volume through Vietnam’s airport has declined sharply because of the outbreak of coronavirus.
15 out of 16 cases have fully recovered and discharged from hospitals.
IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
The corona virus outbreak will have a global impact, and Vietnam’s real estate market is not the exception, especially in hospitality and retail segment, says Troy Griffiths, Deputy Managing Director, Savills Vietnam.
Disbursed foreign direct investment in 2018 increased by nine per cent to over $19 billion accompanied with sustainable economic growth has solidified platform for real estate development.
In the first half of this year, the average primary price of condotel in Danang increased by 19 per cent to reach $2,100 per square meter, according to Savills.
