Covid 19

Nguyen Van Hung, Deputy Minister of Culture, Sports, and Tourism, said: "Tourism has close links with other economic sectors like trade and transport. Due to COVID-19, travel companies need to work more urgently and resolutely. We need to focus on digital transformation, take advantage of the technological revolution, implement stimulus programmes, and pay more attention to the domestic market. Difficulties will be overcome soon." … [Read more...] about Digital transformation to revitalise post-COVID-19 tourism

Most of the M&A activity this year has happened in the real estate, finance-banking, industry and retail sectors, according to a recent report released by the Corporate Investment and Mergers & Acquisitions Center (CMAC). … [Read more...] about Covid-19 cuts Vietnam’s M&A value by half

Dr Đỗ Tuấn Đạt, VABIOTECH director, said: “Once the pre-clinical phase is completed, we will enter the human clinical trial phase. It is expected that until early 2021 the soonest, VABIOTECH will collect enough data to be licensed to conduct the trial of COVID-19 vaccine on humans.” … [Read more...] about Viet Nam remains at high risk of COVID-19 infections: health minister

Interest rates decline further From mid-November this year, most commercial banks simultaneously lowered their deposit rates further, although they had adjusted deposit interest rates many times before. The interest rates for over 12 month-term deposits of many banks have dropped to less than 6 percent per annum. Meanwhile, the interest rates for less-than-six-month terms in some commercial banks have also lowered to around 3 percent per annum, much lower than the ceiling regulated by the State Bank of Vietnam (SBV). The reduction of deposit interest rates has further facilitated commercial banks to offer several preferential interest rate packages for enterprises during the business occasion at the end of the year. For instance, the lending interest rate of business loans for small and medium-sized enterprises applied by Vietcombank is at only 5.9 percent per annum, lower than the 12-month deposit interest rate of some other commercial banks in the market. Agribank has also … [Read more...] about Banks enable credit capital at year’s end

Pham Kim Dung, deputy head of the organising board of the Miss Vietnam 2020 pageant, said Thi Ha will represent Vietnam to compete in the 2021 version of the Miss World pageant, albeit the event is still dependent on the COVID-19 situation globally. … [Read more...] about Miss World congratulates Miss Vietnam 2020 winner