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Update news covid-19 impacts
Many cinemas, travel firms and restaurant chains have been hit hard by the pandemic, but startups are also struggling to overcome difficulties.
The Vietnam film industry has once again been hit hard by COVID-19 as the release and production of many films have been delayed.
Covid-19 is a serious trauma that affects the human psyche, making people susceptible to mental disorders such as depression, anxiety, and post-traumatic stress disorder, experts say.
Nearly all kinds of fruits, from custard apple to dragon fruit to durian, have seen prices plummet on low demand.
More than 53 per cent of all employees said they have been under more stress during the recent outbreak compared to last year, according to a national survey conducted by Adecco Vietnam.
Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months.
The State Bank of Vietnam and the Government must offer stronger solutions to resolve the current problems pertaining to debt structuring, interest rate reduction, and support to businesses facing crisis.
The Government has submitted to the National Assembly Standing Committee a draft resolution on tax exemption and reduction to support Covid-19 affected people and businesses.
Supply chains in HCM City and the southern provinces are at great risk of snapping because many businesses have been forced to stop operating or...
As Ho Chi Minh City grapples with the COVID-19 outbreak, hotels have actively adapted to the situation by offering paid quarantine services to maintain their operation.
Recognizing that there is not much room for growth, the Minister of Planning and Investment suggested that along with strengthening measures to prevent and control the Covid-19 epidemic, it is necessary to urgently remove bottlenecks in the economy.
Deputy Minister of Industry and Trade Do Thang Hai said the ‘three on-the-site’ is a good model, but southern provinces have found it difficult to implement.
The health crisis is becoming increasingly complex and expected to continue drawing a grey economic picture in the region.
Enterprises in HCM City and other southern provinces have shelled billions of dong to implement the "3 on-site" model for business continuity however production at these facilities is still at risk of disruption due to the pandemic.
An audience-free art programme was broadcast on Vietnam National Television (VTV) last month as restrictions on COVID-19 have been tightened. This is a part of an online theatre programme conducted by the Ministry of Culture, Sports and Tourism.
Enterprises say they need a standard anti-pandemic process for specific cases to organize production and ensure uninterrupted supply chains.
Realizing that they will have to ‘live with the pandemic’ for a long time, seafood companies have reorganized their production to adapt to the new circumstances.
HCM City Stock Exchange (HOSE) on August 9 said the exchange has shifted to operate in accordance with a new scenario after coronavirus positive cases were discovered at HOSE office late last week.
Pre-schools in HCM City have found themselves in a tight corner, with many owners putting their schools up for sale.
Many countries are promoting vaccinations and reopening their economies. As a result, demand for Vietnam's textiles, footwear, furniture, and electronic products is on the rise.