Covid restrictions sour Vietnam for foreign investors

Foreign companies are now looking to leave Vietnam, once a favored destination, after the fourth wave of Covid-19 halted production.

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Over half of Covid budget spent

Vietnam has spent nearly 52 percent of its total VND100.11 trillion ($4.39 billion) dedicated to Covid-19 expenses this year.

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Confusion reigns over Covid self-testing plan for shippers in HCMC

Many businesses have expressed unhappiness with the two options they have been given to organize rapid Covid-19 tests for their shippers, citing budgetary and employee retention concerns.

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Bamboo Airways conducts first direct Vietnam-US flight

Bamboo Airways conducted its first direct flight from Vietnam to the U.S. Thursday night, bringing with it pilots, flight attendants and technicians.

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Edtech startup Clevai raises $2.1 mln in pre-Series A round

Clevai, online teaching platform for students from kindergarten to grade 12, has bagged $2.1 million in a pre-series A funding round led by Singapore’s Altara Ventures.

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Masan to leverage retail, telecom synergy by acquiring Mobicast

The Sherpa, a subsidiary of Masan, has announced a 70 percent acquisition of Mobicast shares with a total cash consideration of VND295.5 billion ($13 million).

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VN-Index hits five-week high

Vietnam’s benchmark VN-Index rose 0.15 percent to 1,352.76 points Thursday, the highest in five weeks, with a double-digit rise in trading value.

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Covid budget slashed 52 pct

Vietnam has spent nearly 52 percent of its total VND100.11 trillion ($4.39 billion) dedicated to Covid-19 expenses this year.

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Small businesses struggle to recruit workers for reopening

Businesses that reopened in Ho Chi Minh City are struggling to find enough workers due to stringent requirements on vaccination and on-site accommodation.

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Vietnam allows fully vaccinated people to produce, deliver agricultural goods

The government has issued a directive allowing people who have received two doses of a Covid-19 vaccine to produce and deliver agricultural products.

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House sanctions government’s $640-mln demand for Covid fight

The National Assembly has approved the government’s request for VND14.62 trillion ($640 million) to combat Covid-19 amid growing demands to speed up vaccination.

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Vietnam begins probe into Thai sugar for circumventing anti-dumping measures

Vietnamese authorities have begun an investigation into alleged circumvention by Thai sugar through five countries to avoid anti-dumping duties.

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Businesses get creative in pandemic times

Dr. Nguyen Thanh My, BOD Chairman of My Lan Group, shared how his company has adopted the model of keeping workers on site, looking for opportunities in pandemic times and using social distancing as a springboard.

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IPPG’s CEO awarded Knighthood of the Order of the Star of Italy

Le Hong Thuy Tien, CEO of Imex Pan Pacific Group (IPPG), was bestowed the Knighthood of the Order of the Star of Italy by the Italian president, one of the highest recognitions for foreigners.

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Shipping firms lament pandemic sidelining

Shipping firms feel hassled by low vaccination rates and the limited number of road permits for workers. They are requesting more attention and priority policies.

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