covid-19 impacts

Update news covid-19 impacts

COVID-19 gives boost to e-wallet market

The impact of COVID-19 in Vietnam has spurred more than ever the growth of cashless payment, including electronic purses.

VN seafood companies to overcome COVID-19 challenges

Seafood companies are struggling with problems arising from the current fourth wave of COVID-19, causing uncertainties for the second half of 2021.

More than 30% of textile, garment operations on hold due to COVID-19

The proportion of textile and garment factories that have closed due to the COVID-19 pandemic has reached 30-35 per cent according to the Vietnam Textile and Apparel Association (Vitas).

COVID-19 forces postponement of 22nd Vietnam Film Festival

The 22nd edition of the Vietnam Film Festival will be postponed until November instead of taking place in September as planned, due to the ravages of COVID-19,

Business households and individuals expected to enjoy 50% tax reduction

Under the new support package that the Ministry of Finance is working on, all business households and individuals would enjoy a 50% reduction in payable tax arising from production and business activities in the third and fourth quarters of 2021.

Deposit interest rates plummet, people pour money into other investment channels

Commercial banks have reported a sharp fall in deposits as interest rates are now at a 10-year low and people seek other investment channels.

Vietnam faces steep decline in production output in July

The fourth wave of Covid-19 led to a further disruption in the country’s manufacturing sector in July, with production output falling at the fastest pace since April 2020.

Solutions sought for struggling aviation sector to overcome COVID-19 impacts

Economists gathered at an online conference on August 2 to seek financial solutions for struggling Vietnamese airlines amid COVID-19 pandemic.

Fearing supply chain disruption, businesses want priority in vaccination access

Eleven associations have asked to give priority to workers at enterprises to maintain production.

Deputy Prime Minister orders reduced water prices for people affected by Covid outbreak

On August 1, the Government Office sent a document to the People's Committees of the provinces and centrally-run cities conveying the direction of Deputy PM Le Minh Khai on the price reduction of clean water for daily life.

Restaurants, breweries in serious distress

The tourism industry has become paralyzed and many eateries have shut down because of Covid-19. This has adversely affected the consumption of drinks, especially alcoholic drinks.

Local startups find silverlining during COVID-19 pandemic

For many startups, the COVID-19 pandemic has been a nightmare. However, the pandemic has also opened up a number of new opportunities for those prepared to innovate.

 

HCM City enterprises maintain production during pandemic

Flexibility in building a production model from "3 on-site" to "2.5 on the spot" will create conditions for businesses in HCM City to maintain operations during the epidemic.

Challenges for television program during coronavirus pandemic

In the context of complicated Covid-19 epidemic development, many television programs and films that are being recorded have to be suspended, 

Produce stuck on farms as COVID-19 restrictions interrupt supply chains

Farmers are unable to sell their produce while consumers are struggling to buy food in the southern provinces, in a frustrating paradox created by COVID-19 travel restrictions and the closures of both wholesale and retail markets as a result.

Supply chain crisis ahead for top brands

The ongoing disruption in Ho Chi Minh City and southern provinces poses a threat to the global supply chain of multinational corporations, which source goods from Vietnamese-based suppliers.

Delivery drivers should be allowed to continue working: MIC

Delivery drivers should be allowed to continue work during the stay-at-home period to eliminate obstacles facing the transportation of goods and avoid disrupting the supply chain, the Ministry of Information and Communications (MIC) suggested.

Most students use mobile phones for distance learning

Kaspersky's latest survey shows that 59% of children in the Asia Pacific region have used their phones to attend online classes.

Bamboo Airways, Vietjet, Pacific Airlines suspend all regular flights

Due to the impact of the Covid-19 pandemic, Bamboo Airways, Vietjet and Pacific Airlines have suspended all of their regular passenger flights, while Vietnam Airlines and the Vietnam Air Services Company (VASCO) are still operating some air routes.

HCM City children enjoy 'quiet' summer, indoor activities amid pandemic

Due to the impact of the pandemic, most children are at home this summer and socially distanced from the world, and, as a result, parents are being more considerate when it comes to their entertainment and educational needs.