COVID 19 pandemic Tin tức

Fitch revises Vietnam’s 2020 GDP to 3% from 2.8% in previous forecast

Fitch revises Vietnam’s 2020 GDP to 3% from 2.8% in previous forecast

Vietnam’s economy is expected to recover in the second half of this year to 3%, from 2.8% previously since the country appears to have contained the Covid-19 outbreak domestically.

Vietnam posts $4bln trade surplus in six months despite public health crisis

Vietnam posts $4bln trade surplus in six months despite public health crisis

Despite travel bans from several countries that affected trade activities, Vietnam reported a trade surplus of $4 billion during the first half of this year, General Statistics Office said.

29/06/2020 - 13:36
Agricultural sector gains $4.5bln trade surplus in 1H despite ...

Vietnam’s agricultural sector reported a trade surplus of about $4.5 billion in the first six months of this year despite the COVID-19 pandemic, Ministry of Agriculture and Rural Development said.

29/06/2020 - 09:57
Vietnam posts 1.81 percent GDP growth in six months, ten-year low

Vietnam’s gross domestic product (GDP) grew 1.81 percent in the first half of this year, the lowest growth rate since 2011, according to data released on Monday by the General Statistics Office.

26/06/2020 - 15:09
Vietnam to cut 30% jet fuel environmental tax to back virus-hit ...

Vietnam plans to cut environmental protection tax on jet fuel by VND900 ($0.04) per liter till end of 2020 to support local aviation sector, according to a posting on government news portal.

25/06/2020 - 21:39
Budget carrier Vietjet sees 2020 profit to drop nearly 100% to $4.3mln on ...

Vietjet Air targets 2020 a pretax profit of VND100 billion ($4.3 million), down nearly 100 percent from 2019 due to impacts from coronavirus, the company said in documents prepared for shareholders’ meeting.

25/06/2020 - 14:25
Hoa Phat projects 2020 after-tax profit to grow 19% to $387.5mln amid ...

Vietnam’s steel maker Hoa Phat Group targets VND9 trillion ($387.5 million) after-tax profit in 2020, up 19% from 2019 despite impacts from COVID-19 pandemic.

25/06/2020 - 11:36
Vietnam’s 2020 output projected to grow 2.7%, among the highest in the world: ...

Vietnam’s economy is expected to grow 2.7% in 2020 while the world growth outlook for this year has been slashed to minus 4.9%, almost 2 percentage points below IMF April forecast.

25/06/2020 - 09:39
Vietnam Airport Corp. sees 2020 profit to drop 80% to $86.5mln on ...

State-owned Airport Corporation of Vietnam projected 2020 pretax profit to fall 80% from 2019 to VND2,007 billion due to severe impacts from COVID-19 pandemic, according to documents prepared for shareholders’ meeting.

24/06/2020 - 11:31
Covid-19 pandemic encourages foreign firms to speed up purchasing stakes in Vietnamese ...

Several M&A deals have been completed although the global economy is stumbling because of the Covid-19 pandemic. Of which, some Vietnamese brand names have fallen into the hands of large foreign corporations.

19/06/2020 - 16:59
Sabeco to retain 2020 dividend at 35%, profit projected to drop 39%

Vietnam’s largest brewer Sabeco plans 2020 dividend at 35%, the same rate of 2019, while seeing after-tax profit to fall 39%, according to documents prepared for shareholders’ meeting on June 30.

19/06/2020 - 15:40
Samsung to shift most of its computer LCD production chains to ...

Vietnam will be the world’s biggest Samsung’s computer LCD maker since the tech giant moves most of its production chains of this product to Vietnam, Tuoi Tre cited information from the firm.

18/06/2020 - 16:50
Vietnam enjoys the fastest growth in Southeast Asia, up 4.1% in 2020, ADB ...

Vietnam’s economy is projected to grow 4.1% this year while economies in the region could face contraction between 0.5% to 6.5% due to impacts from COVID-19 pandemic, Asian Development Bank reported.

18/06/2020 - 10:35
Industrial park developer Becamex targets 2020 profit at $40mln, down ...

Vietnam’s industrial park developer target 2020 after-tax profit to fall 65% from a year earlier to VND931 billion ($40 million), company said in documents prepared for shareholders’ meeting.

15/06/2020 - 17:26
BP takes $17.5 billion write-down, expects oil price to stay low

The coronavirus pandemic has forced the oil major to take the largest write-down in the industry in years.

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