Local enterprises have sought ways to cope with the novel coronavirus-caused acute respiratory disease (COVID-19) instead of suspending business or scaling back.
Customers at Coop Mart Tan Binh 2 in HCM City. This supermarket and other retailers in this city have promoted online shopping to develop business during the COVID-19 pandemic (Photo: coopmart.com.vn)
HCM City (VNS/VNA) - Local enterprises have sought ways to cope with the novel coronavirus-caused acute respiratory disease (COVID-19) instead of suspending business or scaling back.
Ho Quynh Hung, chairman of the director board and general director of the Dien Quang Lamp Joint Stock Company, said besides finding new suppliers of input materials at home and abroad, the company has boosted production of LED chips, an important raw material of LED lamps.
Dien Quang’s high-tech factory producing LED chips was put into operation in 2019 to help it reduce its dependence on imported raw materials.
In addition, to keep its operation at a normal level, the company has permitted office staff section to work from home and hold online meetings. It has also shipped goods to customers' home.
A representative of PV GAS said the corporation has used online meetings and working from home to reduce impacts on production and business activities.
Nguyen Anh Duc, permanent deputy general director of Saigon Co.op, said to meet the shopping needs of customers during the pandemic, Saigon Co.op has strengthened its telephone order and home delivery services.
Businesses and retailers in HCM City have moved towards online shopping to help customers avoid crowded places and reduce the risk of spreading the disease.
They have also updated information about their products, payment methods and home delivery services on their website and social networks.
Meanwhile, Dang Trong Ngon, chairman of the KTG Group’s director board, said the pandemic had greatly impacted economic development so the group has developed new property products for enterprises to maintain production and business. The new industrial real estate product would provide infrastructure with many utilities for investors and industrial enterprises.
This product is a combination of factories and ready-built warehouses with the application of information technology in managing and operating production and business activities. That would help enterprises gain efficiency in operation, environmental protection and sustainable development, he said./.
Authorities of the northern province of Ha Nam have strived to ease difficulties for foreign businesses operating in the locality in the face of the novel coronavirus disease (COVID-19).
Businesses should keep a close watch on the developments of COVID-19 to have appropriate production recovery plans after the pandemic declines and ends, according to the Ministry of Industry and Trade.
Minister of Industry and Trade Tran Tuan Anh said on March 20 that EU and US authorities have yet to limit the import of garment products from Vietnam.
The domestic shrimp industry has not faced a great impact from the novel coronavirus-caused acute respiratory disease (COVID-19) because now this industry is under production and Vietnam will enter its shrimp harvesting crop in August.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.