Citi business news

Despite heavy impact of the COVID-19 pandemic on the domestic and global economies, Vinamilk has still taken proactive actions to seek opportunities in potential markets, it noted, adding that the export of dairy products to China, the Republic of Korea and some other markets contributed 1.37 trillion VND to the net revenue in Q2, up 26.8 percent quarter on quarter and 7.1 percent year on year. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3

In order to successfully issue international bonds, the state-owned enterprises like EVN need to offer interest rates with the minimum gap of 100 basis points (compared with the domestic market) to call for capital by issuing 5-year bonds in the international market. … [Read more...] about VN businesses seek low-cost capital to develop infrastructure

Tung said as purchasing power and trust in the Government's anti-pandemic efforts were strong, the economy recovered quickly, adding: "I think the businesses that have survived up to now have good strength and accumulation. The difficulties that the F&B industry have overcome will help firms find ways to overcome the next storm.” … [Read more...] about F&B businesses prepare for possible second round of social distancing

Australia's Victoria state imposed fresh, sweeping restrictions on Sunday, including a curfew in Melbourne for the next six weeks, a ban on wedding gatherings, and an order that schools and universities go back online in the coming days. … [Read more...] about Global virus cases top 18 million as Australian city imposes curfew

Until Sunday, the city has set up four concentrated quarantine camps that are capable of accommodating hundreds of people. More than 7,000 people in Đắk Lắk have been quarantined against the virus, including 157 people at concentrated quarantine facilities, 67 at medical centres and nearly 7,000 at home. — VNS … [Read more...] about Buôn Ma Thuột City under lockdown after two new COVID-19 cases confirmed