Vietnam trip budget

Adjusting employees’ income, cutting all non-urgent expenses, spacing out or delaying expenses where possible, and initiating negotiations for unit price reduction and discounts on signed contracts are among measures the flag carrier looks to take in the coming period, Thanh said in the letter. … [Read more...] about Vietnam Airlines faces $2.1bn revenue cut, 10,000 job cuts due to pandemic: leader

PetroVietnam may buy crude oil to store As Covid-19 has been escalating and the oil price has fallen, the national oil and gas group PetroVietnam is considering several possible scenarios, including mine closure. It is also considering buying crude oil to store. … [Read more...] about COCVID-19, price decline hit Vietnam’s oil industry

The retail revenue in February reached VND4.7trn (USD198m) and VND10.2trn in the first two months, an increase of 8.2% compared to the same period last year. The gain is due to increased demand for medical supplies and essential products. Other retail products, businesses and restaurants have been hard hit by the outbreak. The number of goods sold during the day at Big C and Lotte has dropped by 50%. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 3

The people will be transported to the provinces of Thá‌i Nguyên, Quảng Ninh, Hưng Yên, Ninh Bình, Thanh Hóa, Hà Nam, Hòa Bình, Yên Bái, Tuyên Quang, Vĩnh Phúc and Phú Thọ, as well as Hải Phòng City. … [Read more...] about Buses to take people completing COVID-19 quarantine home

Viet Nam’s State-owned oil producer PetroVietnam (PVN) has yet to commit to any spending cuts. However, PVN did concede through an official statement that its 2020 revenue was likely to be halved due to the drop-off in crude and losses incurred from some ongoing projects. PVN is also believed to have ordered its subsidiaries to prepare business scenarios for different oil price levels as it contemplates the likelihood of a protracted downturn in prices. … [Read more...] about COVID-19, price decline hit Viet Nam’s oil industry