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ADB trims Vietnam’s 2021 growth outlook to 3.8 per cent

ADB trims Vietnam’s 2021 growth outlook to 3.8 per cent

Vietnam’s economic growth is expected to slow down due to a resurgence of Covid-19 that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to latest report released by the Asian Development Bank (ADB).

Formula 1 race in Vietnam postponed due to Covid-19 pandemic

Following the announcement of the Australian Grand Prix’s cancellation this week, the Formula 1 races in Vietnam and Bahrain will be postponed.

Vietnam closes popular tourist destinations to fight 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.

Vietnam suspends visa-free travel for 8 European countries due to Covid-19 spreading

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.

Winners and losers during coronavirus outbreak

There is a trend towards categories like instant noodles, frozen food, sterilized sausage and packaged water and packaged food.

Vietnam’s aviation sector hit hard by Covid-19 outbreak

The international visitor volume through Vietnam’s airport has declined sharply because of the outbreak of coronavirus.

Vietnam Airlines suspends flights to South Korea

Vietnam Airlines is the second domestic airlines after Bamboo Airways to temporarily suspend Vietnam – South Korea flights to prevent the spread of Covid-19 epidemic.

Vietnam suspends visa-waiver program to South Korea due to Covid-19 spreading

South Korean citizens who want to enter Vietnam will have to obtain a suitable visa type issued by Vietnam.

Vietnam’s first airline suspends flights to South Korea over coronavirus concerns

Other Vietnam’s airlines are still maintaining some routes to South Korea but with lower flight frequency.

Vietnam shows effective control of coronavirus outbreak

15 out of 16 cases have fully recovered and discharged from hospitals.

IFC increases trade finance limits for Vietnamese banks amid Covid-19

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.

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