The ODA loans Japan provides include $346.7 million for the socio-economic recovery and development of Viet Nam post-covid-19 pandemic, $43.3 million for the public transport infrastructure improvement in Binh Duong province, and $32.8 million for upgrading infrastructure for agricultural development in Lam Dong province (phase 1).
The affirmation of Vietnam's long-term foreign-currency issuer default rating reflects the country’s continued strong medium-term growth prospects, despite the Covid-19 pandemic and the global economic spillovers, and strong external finance metrics relative to peers.
Alexander Koch, Heineken Vietnam's Managing Director, affirmed that the Covid-19 pandemic has significantly affected the company's operations as well as its contribution to the state budget.
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.
The groundbreaking ceremonies of a series of four key projects worth over $12 billion in total were launched on October 24 as part of Quang Ninh's aspiration for social-economic development in the context of the Covid-19 pandemic.
In the circumstance of the Covid-19 pandemic that has "frozen" the activities of many businesses, Danh Khoi Group has continuously introduced many projects to customers by online platforms and prepared plans to speed up when the market opens in the new normal.
After a long social distancing period, Danh Khoi Group is planning to implement a series of projects in the last quarter of the year, ready to get into an important final stretch that makes up for the period of business operations being delayed due to the pandemic.
As Vietnam battles another wave of Covid-19, accelerating the pace of reforms, upgrading workforce skills and infrastructure will strengthen the private sector to help the country recover from the pandemic and unlock its potential, according to a new World Bank Group report.
To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).
In the wake of the pandemic, understanding the future of tourism has become more important than ever. To get business back on track and maintain positive relationships with potential travelers, the tourism sector needs to take a deeper look at emerging trends and integrate new insights into products and services as well as marketing and communication campaigns.
The Covid-19 pandemic has resulted in an accelerated shift towards omnichannel purchasing behaviours, as e-commerce channels are increasingly used as a substitute for physical shopping activities.
The report of humanitarian group Oxfam reveals that the social and economic fallout from the Covid-19 pandemic as mass unemployment, disruption to food production and supplies and declining aid could push 121 million people to the brink of starvation this year.