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Saturday, May 21, 2022
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Q1 sees 34,600 new businesses established

HCMC – Vietnam saw around 34,600 new businesses entering the market in the first quarter of 2022, up 18% year-on-year, according to the General...

Number of HCMC-based firms resuming operations skyrockets 500%

HCMC - HCMC has seen signs of strong economic recovery at the beginning of 2022, with the number of firms resuming operations in January...

Over 31,000 HCMC-based firms close in 2021

HCMC - HCMC saw nearly 31,660 businesses shut down either temporarily or permanently in 2021 due to the impact of the Covid-19 pandemic, accounting...

Industry associations propose exempting suspended firms from insurance payments

CAN THO - Eleven industry associations have sent a petition to Deputy Prime Minister Le Minh Khai and Vietnam Social Security proposing exempting laborers...

Many firms may hold out for short time due to diminished cash flows

HCMC – Up to 86.4% of enterprises that participated in a recent survey said that they had suspended their operations due to Covid-19 and...

98% of enterprises in Can Tho suspend operations due to pandemic

HCMC – Up to 9,800 of nearly 10,000 enterprises in Can Tho City have suspended their operations due to the impact of the Covid-19...

HCMC seeks to reopen 5-10% of enterprises meeting requirements

HCMC – The HCMC government has come up with a plan to allow enterprises meeting one of four requirements to resume production, with 5%-10%...

Long An suspends operations of all enterprises

HCMC – The Mekong Delta province of Long An, neighboring HCMC, is being severely affected by the Covid-19 pandemic and has temporarily suspended the...

Tens of thousands of enterprises shut down due to Covid-19

HCMC - Since the Covid-19 pandemic broke out early this year, lots of businesses in Vietnam have been dissolved or have suspended operations, while...

120,000 more people in HCMC to lose jobs due to Covid-19

HCMC – Some 120,000 additional people from roughly 4,000 enterprises in HCMC hit hardest by the Covid-19 pandemic including tourism, hospitality, transport, construction, clothing...

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