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The negative impact was not felt in all segments. Which areas are in trouble and which others can capitalise more efficiently? It is certainly true that retail and hospitality have been hit particularly hard. Whilst retailers may now be able to work towards a recovery in sales, bricks and mortar retail developers face the longstanding threat of the shift towards e-commerce, which has accelerated further over the last few months. … [Read more...] about Positive signals for resurgent Vietnamese real estate

Hoang Trung, Director of the Plant Protection Department under the Ministry of Agriculture and Rural Development, said Hai Duong has implemented many solutions for several years to receive export licences for its lychees, especially strict markets like Japan, Australia, and the US. Besides that, in the context of the COVID-19 pandemic, the Government has implemented many solutions on policies and procedures to facilitate lychee exports this year. … [Read more...] about BUSINESS NEWS HEADLINES MAY 29

In the opposite direction, EIB of private Eximbank topped losses with 1.7 percent. The ticker was the only one of all VN30 banking sector blue chips to have closed in the red this session. … [Read more...] about VN-Index recovers after major losing session

The figures show that Vietnamese people’s demand for domestic travel has been relatively high. While international tourism activities have not been able to resume, the sector should thoroughly grasp this “golden opportunity” to promote the domestic market, contributing to gradually increasing the total number of tourists as well as improving the difficult position of many travel enterprises. However, people’s incomes have been affected due to Covdi-19; therefore, attractive stimulus programmes are one initial solution to stimulate the domestic tourism market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 28

Covid-19 has changed consumers’ habits. A survey by Nielsen Vietnam found that urban habits of going shopping at supermarkets and traditional markets have dropped by 50 percent, while the number of online shopping transactions increased by 25 percent. Online retail and fast delivery … [Read more...] about The business fields expected to bounce back after the epidemic