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.
IFC, a member of the World Bank Group, is providing a financing package of $75 million to Phu My Hung Development Corporation to help sustain its property development operations, in the wake of Covid-19 impacts.
While many countries in the world still have to fight the second coronavirus wave, Vietnam has come back to the normal life thanks to effective containment strategy.
IFC will work with Hanoi to formulate a new-generation FDI strategy and assist the city in diversifying its funding sources.
While Covid-19 drags on local currency bond markets in emerging East Asia, the market still got a positive increase.
More than 2 tonnes of lychee from Bac Giang province were sold out after only a few hours displayed at supermarkets in Tokyo and Osaka, Japan.
VinFast officially opened its office in Melbourne, Australia, aiming to research and develop new car models and lay the foundation for VinFast’s international expansion, towards realizing the vision of becoming a global automobile brand in the future.
Vietnam’s hospitality market after social distancing due to Covid-19 has showed positive development but recovery is underway.
Two of Vietnam’s leading clubs, The Bluffs Ho Tram Strip and Laguna Golf Lang Co, are backing the nation to reassert its reputation as one of the world’s hottest golfing destinations as the country eases its Covid-19 lockdown.
A recent Ministry of Finance ruling is set to send ripples across Real Estate businesses, especially those with extensive asset portfolios. The International Financial Reporting Standards (IFRS) adoption roadmap commits to improved transparency and brings financial reporting in Vietnam closer to global standards.
