According to the rating agency, domestic demand is likely to stay muted as strict measures aimed at maintaining social distancing to contain spread of the virus are put in place. The authorities are implementing policies to mitigate the impact, including relief measures to assist households and the tourism and transport sectors. Specifics include payment extensions for value-added, personal income and land taxes for those affected by the outbreak, and cash handouts to workers who have lost jobs. … [Read more...] about Fitch revises outlook on Viet Nam to Stable; affirms at ‘BB’
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US mattress company eyes Viet Nam’s enormous potential
And we will soon be launching the Spring Air brand in Viet Nam. We just signed an agreement with Spring Air, one of the top brands in the US and Internationally. We will also launch the Spring Air luxury collection - Chatham and Wells which will be Made in the USA. We are really excited about this partnership. … [Read more...] about US mattress company eyes Viet Nam’s enormous potential
Viet Nam – attractive destination of US film makers
Many US film makers have shown interest in Viet Nam due to its stable legal and business environment, affirmed Vice President of the Motion Picture Association of America, Gregory Frazier, during his recent visit to Viet Nam. The visit aimed to lay a foundation for a closer tie between the film industries of the two countries, he said, noting that US film makers can cooperate with their Vietnamese partners to produce films or provide technical assistance to help develop the Vietnamese movies industry. … [Read more...] about Viet Nam – attractive destination of US film makers
Supply chains in Viet Nam disrupted by Covid-19
Eighty-three per cent of companies in the physical value chain in Viet Nam have been suffering from supply issues over the past two months due to the impact of the COVID-19 pandemic, a recent survey by CEL Vietnam, a supply chain consulting and training firm, has found. … [Read more...] about Supply chains in Viet Nam disrupted by Covid-19
COVID-19 ravages economy of central Viet Nam
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
