Construction giants not immune from Covid-19 impacts

The biggest names in Vietnam’s construction industry, Coteccons, Hoa Binh, and FLC Faros, have seen Q1 revenues fall as Covid-19 slows the economy. Read more »

Ministry says no to suspension of petroleum imports

The trade ministry has rejected a proposal that Vietnam stops importing petroleum, saying large domestic inventories cannot negate other factors like international commitments. Read more »

Transport firms protest higher road toll as Covid-19 relief

Transport companies say a proposed toll increase as relief for BOT projects will exacerbate their own Covid-19 related woes. Read more »

Ministry proposes new airline entry from 2022

The establishment of new carriers would resume from 2022 as the aviation industry recovers under the most optimistic scenario, the Transport Ministry proposed. Read more »

Hospitality industry unlikely to recover until next year

Hotel occupancy rates are set to plummet this year due to the coronavirus pandemic, and a recovery is only expected next year. Read more »

Industrial estate to thrive as multinationals leave China

Vietnam’s industrial real estate will benefit as foreign investors move production out of China after the Covid-19 pandemic, industry insiders say. Read more »

VN-Index nudges down for second straight session

The VN-Index fell 0.22 percent to 832.40 points Thursday, with most blue chips finishing in the red. Read more »

No new airlines for now: transport ministry

Vietnam will not peruse applications for new carriers as it prioritizes recovery of the aviation market after coronavirus impacts, the Transport Minister says. Read more »

Has Covid-19 subverted the traditional Vietnamese consumer?

The Covid-19 pandemic has introduced many traditional Vietnamese consumers to the convenience of online shopping and they might not return to old ways. Read more »

No new airlines, says transport ministry

Vietnam will not peruse applications for new carriers as it prioritizes recovery of the aviation market after coronavirus impacts, the Transport Minister says. Read more »

Auto sales plummet 36 pct in first four months

Auto sales fell 36 percent year-on-year in the first four months to 64,100 units as the Covid-19 pandemic crushed demand. Read more »

Honda Vietnam eyes imports as snapped supply chains hit production

Honda Vietnam is considering more car imports this year since local production has been hit by the supply chain disruption caused by the coronavirus pandemic. Read more »