Commercial banks ask for more mechanisms to support interest rate cut

Commercial banks ask for more mechanisms to support interest rate cut

Although the State Bank of Vietnam (SBV) has had the policy to reduce interest rates and extend the repayment period to support enterprises in the restoration of production and business activities, many commercial banks said that there should be more mechanisms for implementation.
Districts reopen traditional markets cautiously

Districts reopen traditional markets cautiously

Most of the traditional markets have been urgently planning to resume operations. Meanwhile, the purchasing power in the supermarket system has dropped sharply because people did not buy and hoard goods as before.
HCMC building coordination plan to facilitate workers' return to factories

HCMC building coordination plan to facilitate workers' return to factories

Enterprises are looking forward to the day Ho Chi Minh City reopens to restore production but cannot help worry about a labor shortage and safe conditions for operations and production. That is also the concern of a large number of workers who have been unemployed for many months and are longing for the day they return to work.
Enterprises flexibly maintain production to retain partners

Enterprises flexibly maintain production to retain partners

Eighteen percent of orders of European enterprises have moved out of Vietnam. Previously, many large FDI enterprises of Japan and South Korea had also informed Vietnamese enterprises producing supporting industrial products about moving some orders to neighboring countries. To avoid the risk of disruption in the domestic supply chain, Vietnamese enterprises have applied many solutions to maintain production.
Citizens in districts 7, Cu Chi, Can Gio delighted as business activities resume

Citizens in districts 7, Cu Chi, Can Gio delighted as business activities resume

On the first day after social distancing was loosened, many people in District 7 in Ho Chi Minh City had to return when they went to the market because they forgot to bring their smartphones to scan the QR code. Some eateries have reopened. However, because travel remains difficult, they cannot buy enough ingredients, so they only sell food in the morning.