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Quang Ninh kicks off 4 key projects in one day

Quang Ninh kicks off 4 key projects in one day

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.

Inefficient plastics recycling costs Vietnam up to $3 billion each year

Key to Vietnam’s economic transformation after Covid-19

Vietjet transports 800 passengers from pandemic-hit Danang back home

The flight VJ2737 today takes off and transports 230 stranded passengers from Danang to Hanoi. This is the first flight of the new-age carrier Vietjet operating to help passengers coming home while Danang has still imposed social distancing to prevent and control the spread of Covid-19.

Vietnamese consumers are the most optimistic in the world amid Covid-19

Overcoming the first wave of Covid-19, in the second quarter of 2020, Vietnam became the second most optimistic country globally with Consumer Confidence Index of 117 points.

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

Accelerated shift towards omnichannel retailing inVietnam

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.

Confidence of European firms in Vietnam returns after Covid-19

European business leaders were more positive about Vietnam’s trade and investment environment in the first few months after Covid-19, according to data from the Business Climate Index (BCI) of the European Chamber of Commerce in Vietnam (EuroCham).

Vietnam emerges as next production hub of Asia

Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.

Hunger linked to Covid-19 could kill millions more than pandemic, warns Oxfam

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 lends Phu My Hung $75 million to recover after Covid-19

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.

Vietnam in the new normal after coronavirus

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 to support Hanoi to attract high value-added investment

IFC will work with Hanoi to formulate a new-generation FDI strategy and assist the city in diversifying its funding sources.

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