covid-19 impacts

Update news covid-19 impacts

Packages look to end of pandemic struggle

A social security package worth $1.1 billion has been approved by the government to support workers and employers facing difficulties due to the impact of the pandemic.

New Covid-19 situation, new behavior

In the new situation, social distancing may cover almost the whole country, affecting tens of millions of people and hundreds of thousands of businesses, and the supply chain of the whole country or at least a large economic area will be broken.

Pandemic-hit workers anxiously wait for aid

According to statistics of the Ministry of Labor, Invalids and Social Affairs, up to 12.8 million Vietnamese people aged 15 and older were negatively affected by the Covid-19 epidemic in the second quarter of 2021.

Vietnam moving out of the epidemic more slowly than others, needs new policies

Prime Minister Pham Minh Chinh affirmed that Vietnam’s development goals have not changed and agreed with the two GDP growth scenarios for 2021 developed by the Ministry of Planning and Investment.

Textile and garment makers seek multitude of options

As the current outbreak of the pandemic remains complicated, textile and garment makers fear lasting impacts on their operations, 

Transport firms in distress as revenue drops

The transport, hospitality and service sectors in Da Nang are experiencing tough days because of the Covid-19 crisis as many businesses have left the market because they no longer have clients and revenue.

Opening the economy again step by step

Economists have urged the gradual reopening of the economy. VietNamNet talked to Dr Nguyen Duc Kien about the issue.

Under impact of pandemic, ancient houses in Hoi An offered for sale

Affected by the four Covid-19 outbreaks, many ancient houses that are priced millions of USD in the ancient town of Hoi An, Quang Nam province, are offered for rent or sale.

TV game shows interrupted by social distancing

Many TV programs have been affected by the pandemic and social distancing. Broadcasting schedules have been delayed as production has been suspended to ensure compliance with pandemic prevention regulations.

How to harmonize the two 'fronts'?

There must be satisfactory solutions for the sake of the economy and the country's reputation in international relations because the pressure to open up, for example, through accepting vaccine passports, is great.

Businesses strive to maintain production amid lockdown in HCM City

When HCM City went into lockdown under Government Directive 16 on July 9, many businesses and manufacturers prepared plans to set up temporary accommodations for their workers to avoid the spread of coronavirus and maintain production.

Businesses ask banks to ease interest rates as promised

Bank loan interest rates are becoming a heavy burden on businesses, which have been hit hard by Covid-19 for more than a year.

Vaccine passport: certificate could save the tourism industry

The Covid-19 outbreaks have hit the tourism industry especially hard. Travel firms are looking forward to the new vaccine passport, which they believe could save the industry.

Thousands of tour guides may not receive financial support because of unclear regulations

Tour guides are subject to the Government’s VND26 trillion support package which aims to help Covid-19-hit businesses and people. However, unclear requirements have may have caused the package to be inaccessible to thousands of tour guides.

Hotels as 5-star quarantine sites: new way to make profit

For over the past year, one of the largest 5-star hotels in Ha Long City, Quang Ninh Province, has been used as a quarantine site for visitors who enter Vietnam by air. 

Businesses in HCM City, Long An suspend operations to prevent spread of COVID-19

Authorities in HCM City and Long An Province have suspended operations of a number of businesses so that epidemic prevention measures can be carried out.

Banks make huge profits, hope interest rate reductions are far off

Banks have reported huge profits for Q2 and H1 due to high credit growth rates and lending interest rates, while capital mobilization cost has been low.

 

GDP still grows in midst of tribulations among the poor, businesses

Do GDP calculations take into account the fact that a taxi driver gets poorer by 10 times more as he has to spend VND100,000 on nCoV testing a day, and informal workers have no access to cheap meals in HCM City?

 

Vietnam should not be slow in opening its door: economists

Prime Minister Pham Minh Chinh has said that Vietnam should not adjust the development goals and agrees with the two GDP growth scenarios designed by the Ministry of Planning and Investment (MPI).

 

 

V.League 1 yet to come back due to rising COVID-19 threats

The Vietnam Professional Football Joint Stock Company (VPF) announced on July 8 that it plans to continue delaying V.League 1 matches for the 2021-2022 season due to complicated developments of the COVID-19 pandemic locally.