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Update news covid-19 impacts
To survive in the Covid-19 pandemic, the Vietnam Railways Corporation (VNR) has applied for a non-interest loan package worth VND800 billion (nearly $35 million), according to Vu Anh Minh, VNR Chairman.
Bad debts may climb by the end of the year as the pandemic has interrupted the production of many enterprises and they had no revenue to repay debts.
Bicycles now suit well the diverse demand of urbanites during the time of the pandemic, speeding up changes in lifestyles and cultural practices.
Despite the impacts of the COVID-19 pandemic, competition between coffee chains in Vietnam has become increasingly fierce with more giants trying to grab a slice of the lucrative market.
The Ministry of Planning and Investment (MPI) proposed plenty of solutions aiming to save airlines from bankruptcy.
With the current outbreak still not entirely controlled, the government stands at a complicated crossroads as it needs to choose between further state budget security and continued support for the business community.
The fourth wave of COVID-19 has changed the routines of many people working in industrial parks (IPs) in northern Vietnam.
Businesses have once again shouted for help as they are coming closer to bankruptcy because of the fourth Covid-19 outbreak.
Owners of more than 500 tourist boats in Halong Bay in Quang Ninh Province are on the verge of bankruptcy as their tourist boats have been lying idle for over a year due to Covid-19, so they have turned to the prime minister for help.
The “tsunami” of hotels shutting down during this surge is having the biggest impact on workers, especially those working in low-level positions.
Bac Giang province has been gathering strength to fight the Covid-19 outbreak for one month, vowing to stamp out the outbreak by the end of June.
Practise. Practise hard. Practise harder. Boxing coach Dinh Phuong Thanh urges her players to maintain their strong physique and spirit for upcoming tournaments, even though none of them are certain to be held because of the COVID-19 pandemic.
HCM City is considering a financial support package worth more than VND76 billion (US$3.31 million) from the State budget to support small traders at traditional markets affected by the pandemic.
The COVID-19 pandemic has made the life of performing artists in Vietnam even harder. Many have had to take up extra jobs to earn a living like selling food online, shipping goods or selling insurance.
Data shows that industrial production index in the first five months of the year advanced 9.9 percent year-on-year, with manufacturing and processing up 12.6 percent.
The COVID-19 health crisis and resulting wide-ranging and deeply-felt economic upheaval has flipped the logistics industry on its head, leaving ill-protected freight firms in dire need of emergency State support to survive hardships.
Due to the impact of the Covid-19 epidemic, airline passenger numbers have dropped sharply, and as a result, many planes have been abandoned at the airport.
HCM City authorities will continue to support the business community affected by the pandemic and speed up the vaccination drive, Nguyen Van Nen, secretary of the city Party Committee, said during an online conference on Thursday.
The northern province of Bac Giang, Vietnam’s ongoing Covid-19 epicentre, plans for workers from other localities to return to their hometowns to help mitigate Covid-19 infections.
Financial relief packages and free supply of rice and other essential goods are among the many initiatives being taken by the Government and charity organisations to help workers affected by the COVID-19 pandemic.