Business News

A policy that may grant up to 30 per cent tax exemption for small-to-medium-sized business (SMEs) to mitigate the adverse effects of COVID-19 was discussed yesterday by National Assembly deputies during a meeting in Hà Nội.

The current turmoil was not caused by a surplus of capital in the financial sector like the global crisis in 2009. The Covid-19 pandemic has hurt the whole economy, from both supply and demand sides. Fiscal policies are considered part of the solution rather and they cannot entirely handle the root of the problem.

Local budget carrier Jetstar Pacific will conduct essential procedures to rebrand itself as Pacific Airlines to enhance its business performance and achieve greater synergy with its 70% owner Vietnam Airlines (VNA) in the local market, as part of an agreement reached yesterday, June 15, between Vietnam’s national airline VNA and Australian flag carrier Qantas Group, which currently holds a 30% stake in the low-cost airline.

As a careful attempt to slowly revive Asian economic co-operation, particularly so in business and tourism, the first trial international flight departing Japan and landing in Vietnam, which will carry 250 business travellers, will take place at the end of June.

The CTCVN VBF committee invited experts from global double-A companies to speak (ABB & Advantech);
Sharing the subject of [how the automation tools enable people development ].

9,226 people undergoing quarantine nationwide between March 17 and June 11, 2020.

Ministry of Construction data shows that some 80 per cent of developers stopped sales or even temporarily halted operations during the first quarter while the rest had modest operations going.

Prime Minister Nguyen Xuan Phuc has agreed to resume services like karaoke parlors and discos  as Viet Nam has gone nearly two months without new COVID-19 community infection.