measures fit for real estate recovery

Measures fit for real estate recovery

The ongoing coronavirus pandemic has upended economies worldwide, and Vietnam must take urgent measures to handle this period of instability.
us symphony orchestra cancels tour in vietnam

US symphony orchestra cancels tour in Vietnam

The Grammy Award-winning Minnesota Orchestra will not perform in Vietnam as scheduled due to the COVID-19 pandemic, said the Vietnam Musicians Association (VMA).
inspirational achievements of vietnamese scientists

Inspirational achievements of Vietnamese scientists

A SARS-CoV-2 test kit developed by the Vietnam Military Medical University and Viet A Tech JSC, which has been praised for revealing accurate results after a little more than an hour, is considered an important and necessary tool contributing to the control of the devastating coronavirus. Ho Anh Son, deputy director of the Institute of Biomedicine and Pharmacy, shared with VIR’s Hao Mai the journey of joint efforts during the research process.
transport mainstays in call for policy backing

Transport mainstays in call for policy backing

State-owned transport giants Airports Corporation of Vietnam, Vietnam Airlines, Vietnam Railways, and Vietnam Maritime Corporation suffered all-time biggest losses in the first quarter of 2020 due to COVID-19 and are trying in vain to recover, seeking for rapid supporting policies from the government.
solar power grows 28 fold in vietnams energy mix

Solar power grows 28-fold in Vietnam's energy mix

In the first three months of this year, Electricity of Vietnam mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.
vietnams march 2020 pmi drops to record low due to covid 19

Vietnam's March 2020 PMI drops to record low due to COVID-19

The Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell sharply to 41.9 in March from 49.0 in February. The latest data signalled a steep decline in the health of the manufacturing sector, and one that was the most marked in more than nine years of data collection so far. The deterioration surpassed the previous record seen in July 2012.
citizens rising to the pandemic challenge

Citizens rising to the pandemic challenge

“I am deeply honoured to call Vietnam my home and thank the Vietnamese who have made me feel so welcome in this beautiful and proud country.” In a letter to VIR, Peter Rimmer, executive director of the British Business Group Vietnam, describes his experience of being taken care of in Ho Chi Minh City after flying in from the United Kingdom.
vietnam attracts 4 billion fdi capital despite covid 19 crisis

Vietnam attracts $4 billion FDI capital despite COVID-19 crisis

Although the COVID-19 crisis is deepening across the globe, Vietnam managed to woo $4 billion in FDI capital in the first quarter.
vietnam makes it into top 5 economic freedom gainers in asia pacific region

Vietnam makes it into top 5 economic freedom gainers in Asia-Pacific region

In its efforts to become an open economy, Vietnam jumped 23 notches to become 105th on the 2020 Index of Economic Freedom by The Heritage Foundation.
central banks new relief measures to mitigate damage

Central bank’s new relief measures to mitigate damage

The State Bank of Vietnam might reduce policy rates coupled with credit packages, as relief measures to limit financial problems resulting from the COVID-19 outbreak.
vietnam mulls over halting visa waiver for eu and uk over covid 19

Vietnam mulls over halting visa waiver for EU and UK over COVID-19

The National Steering Committee for COVID-19 Prevention and Control plans to propose the prime minister to suspend the unilateral visa waiver programme for the EU and the UK as a way to fight the COVID-19 outbreak.
vietnam manufacturing output slides at fastest rate since 2013 pmi

Vietnam manufacturing output slides at fastest rate since 2013: PMI

The Vietnamese manufacturing sector had a sharp contraction in manufacturing output amid the coronavirus disruption, seeing the quickest fall in production since June 2013.
seaports taking steps to alleviate business losses

Seaports taking steps to alleviate business losses

State-owned Vietnam Maritime Corporation has been suffering from some initial impacts on business performance, stemming from the existing coronavirus epidemic putting the brakes on various enterprise pursuits. Nguyen Canh Tinh, acting CEO of the corporation, discussed with VIR’s Bich Thuy the solutions and future adjustments ahead in order to mitigate losses.  
vietnam attends un social development commission session

Vietnam attends UN social development commission session

Dinh Nho Hung, Deputy Permanent Representative of the Vietnam Mission to the United Nations, has affirmed the importance of social protection in dealing with homelessness while attending a UN Commission for Social Development session.
international schools may benefit from expected leaving of hong kong expatriates

International schools may benefit from expected leaving of Hong Kong expatriates

International schools in Vietnam may welcome a rising number of foreign students as expatriates in Hong Kong wish to leave for the impact of the coronavirus outbreak.