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.
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.
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).
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.
David Nardone, group executive - industrial and international, WHA Industrial Development Plc believes that the opportunities in Vietnam are substantial and attractive, especially after its effective response to the Covid-19 pandemic.
Quang Ninh, Hai Phong, Quang Nam and other provinces has announced temporary closure of tourist destinations after Vietnam confirmed more Covid-19 infected patients, of whom most are foreigners.