Trade - Service

Local airports are required to keep applying safety protocol against Covid-19 as the pandemic has not been radically wiped out.

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

Hotels in Quang Ninh province were over crowded over the weekend.

Following the hottest M&A retail deal of Vingroup and Masan in early 2020, the merger of Tiki and Sendo is expected to make the competition in e-commerce industry fiercer.

Vietnam’s tourism sector is preparing to welcome back foreign tourists. The tourism sector will submit a schedule for re-starting inbound tourism in the coming time.

Vietnam could take advantage of the Vietnamese communities living in these two countries to boost exports.

The trade deal with the EU would emphasize Vietnam’s geopolitical significance in the Southeast Asian and Asia – Pacific regions, said Vice State President Dang Thi Ngoc Thinh.

With the Covid-19 pandemic under control in Vietnam, the country now seeks to breathe life back into its tourism industry.

The Vietnamese government is committed to preparing all necessary conditions to meet demands of multinationals, stressed Prime Minister Nguyen Xuan Phuc.

The tourism industry prepares for welcoming visitors from countries and territories which have contained the disease.

The EU-Vietnam trade deal is the largest new-generation free trade agreement in Vietnam’s history in terms of direct benefits.

Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years.

While footwear is one of Vietnam’s key export staples, the US is a major market for these products.

Since March, Vietnamese manufacturers have managed to fill the supply shortages left behind by China, resulting in a positive trade surplus of US$2.78 billion in January – April.

The country sticks to the goals of developing the economy, preventing the disease and restoring socio-economic activities in the new normalcy.

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the economy forward.

A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

Local retailers in FMCG should rethink their channel strategy as Covid-19 impacted the way Vietnamese consumers shopping.