Economy

Vietnamese economy stays resilient to external shocks: WB While Vietnam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020, according to the World Bank (WB). … [Read more...] about COVID-19 ravages economy of central Vietnam

Bình Sơn Refinery and petrochemical company – a major breadwinner for the provincial budget – saw its sales fall 30 to 40 per cent. Textile and wood-chip processing and export companies delayed production as material imports from China ceased. … [Read more...] about COVID-19 ravages economy of central Việt Nam

If the epidemic lingers and only ends in the year’s fourth quarter, it is estimated that the national flag carrier’s total revenue will be VND38,140 billion, coming in VND72,411 billion under the set target and representing an estimated loss of VND19,651 billion. … [Read more...] about Vietnam Airlines requires VND12,000 billion to overcome COVID-19

Binh Son Refinery and petrochemical company – a major breadwinner for the provincial budget – saw its sales fall 30 to 40 per cent. Textile and wood-chip processing and export companies delayed production as material imports from China ceased. … [Read more...] about COVID-19 ravages economy of central Viet Nam

The figure brought Vietnam’s total trade value in the first two months of this year to US$66.16 billion, a rise of 19% year-on-year, including US$33.62 billion worth of exports (up 22.9% year-on-year) and US$32.54 billion worth of imports (up 15.3%). … [Read more...] about Vietnam’s import-export value hits US$25.9 billion in February