(VOVWORLD) - The first industry to take a hit from the COVID-19 economic disruption, tourism is expected to be the first industry to rebound after the pandemic ends. The sector has prepared tourism stimulus measures to revive the domestic tourism market, remove obstacles for tourism companies, and prepare to receive foreign visitors.
(VOVWORLD) - Last month, the Vietnamese government approved a master plan on national e-commerce development through 2025. The plan is part of efforts to promote the digital economy whose advantages are tapped to boost competitiveness and productivity, and expand the market and exports.
(VOVWORLD) - Vietnam has contained the COVID-19 epidemic and is rebooting its economy. Economists say it is an opportunity for Vietnamese businesses to promote production and trade. As exports are facing difficulties due to the pandemic, the domestic market of nearly 100 million people is seen as huge potential to rescue local businesses.
(VOVWORLD) - With initial success in containing COVID-19 and an advantage as a safe investment destination, Vietnam is attracting a shift of foreign direct investment (FDI) inflows.
(VOVWORLD) - Against the national economic decline caused by COVID-19, Quang Ninh province has maintained its growth and economic structure, thanks to its industrial production, an economic bright spot.
(VOVWORLD) - As of mid-April, Da Nang city had disbursed nearly 680 million USD, 13% of the target set for this year. Public investment disbursement in the first quarter was up 300% from the same period last year and 400% from the first quarter in 2018. To counter economic effects of the COVID-19 pandemic, Da Nang has stepped up public investment to boost employment.
(VOVWORLD) - Vietnam's agricultural export is facing difficulties because many countries have suspended customs clearance or intensified quarantine rules due to COVID-19. The Ministry of Agriculture and Rural Development has closely worked with businesses to update market changes and look for alternative outputs for farm produce.
(VOVWORLD) - The COVID-19 pandemic is playing havoc with production and sales for businesses in all sectors, but has also brought opportunities for them to develop in new directions. Many have flexibly adapted their business models to the recent changes in consumer habits.
(VOVWORLD) - Because of the global Covid-19 pandemic, Vietnam's GDP grew just 3.82% in the first quarter, the weakest growth since 2011. Vietnam’s growth rate is still better than most of the region and the rest of the world, and Vietnam's economy has some bright spots to focus on.
(VOVWORLD) - The revised Law on Enterprises which will be submitted to the National Assembly meeting in May improves the legal framework to protect investors, especially the interests of minority shareholders, and increases transparency, offering businesses a more stable platform for sustainable development.
