The report on industrial and commercial production in the first six months of the Ministry of Industry and Trade showed that the production index of electronics and computers in the six months increased by 9.8 per cent over the same period last year. … [Read more...] about Electronics exports face difficulties due to COVID-19
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According to Nguyễn Văn Bình, general director of Lao-Việt Joint Venture Bank, the Lao Government implemented policies to support customers who were hit by the pandemic, including debt restructuring, loan packages with preferential interest rates and lowering required reserve ratio for commercial banks to increase sources for credits. Especially, Lao businesses were also promoting cashless payment. … [Read more...] about Vietnamese investors in Laos discuss measures to cope with COVID-19
Vientiane (VNA) – Vietnamese businesses in Lao sat down together to discuss their operation during the COVID-19 pandemic at a talk in the capital Vientiane on July 12. A focus of attention at the event was the Lao Government’s financial and banking policies to support pandemic-hit enterprises and workers. Speaking at the function, Vietnamese Ambassador to Laos Nguyen Ba Hung said the Lao Government has carried out drastic measures to prevent and control the pandemic and mitigate its influences on the local socio-economy. Vietnamese businesses here have faced various difficulties, he said, adding that their operations were stalled with unstable human resources and material sources. The number of Vietnamese projects in Laos remains at 413 with total value at 4.22 billion USD. Hung recommended Vietnamese firms proactively seek ways to adapt to the new conditions and prepare for post-pandemic production and investment, suggesting they change management styles, apply … [Read more...] about Talk discusses COVID-19 impact on Vietnamese firms in Laos
Experts believe that Vietnam should follow a gradual opening roadmap instead of an immediate opening to protect its great achievements in fighting against Covid-19. However, though economic relations were not shut down, the countries’ application of measures to fight against COVID-19 has hindered production, import/export and travel activities. … [Read more...] about How should Vietnam reopen to other economies after COVID-19?
The flight also carried home a group of Vietnamese medical staff who escorted Stephen Cameron, 43, tagged as Vietnam’s "Patient 91" and the nation’s most critically ill Covid-19 case, on the repatriation journey to the U.K. that departed Hanoi on Saturday night. … [Read more...] about 340 Vietnamese return home from UK on special flight