Business News

Vietnam’s Prime Minister Nguyen Xuan Phuc has allowed the reopening of non-essential businesses as the country has recorded no novel coronavirus disease (COVID-19) case in the community for three weeks.

Vietnam’s Ministry of Transport has removed all regulations regarding social distancing on buses, taxis, long-haul coaches, trains, boats, and aircraft that had previously been enforced to prevent the spread of novel coronavirus disease (COVID-19).

The minister made the call during a briefing of the transport ministry, as airlines prepare to restart domestic routes following the easing of social distancing measures designed to contain and control the COVID-19 pandemic.

Gaw NP Industrial, the latest development in Vietnam funded by global real estate private equity firm Gaw Capital Partners, is actively pushing its investment process in order to be operational in the first quarter of 2021.

Although the Covid-19 pandemic has hit Vietnam’s real estate market hard, the demand for investment and real estate ownership is still high, promising a rapid recovery for the whole market in the future.

As the COVID-19 pandemic still remains complicated around the world, Viet Nam will continue strict border control to prevent importation of new case as a premise for easing domestic restrictions in favor of reopening the economy, according to National Steering Committee.

Statistics showed Việt Nam's textile and garment exports in April decreased by 20 per cent compared to March, Trương Văn Cẩm, vice chairman of the Việt Nam Textile and Apparel Association (Vitas), said at an online seminar held by the association on Monday.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.