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VIETNAM BUSINESS NEWS MAY 10


VIETNAM BUSINESS NEWS MAY 10
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 10/05/2021
  
14:01
GMT+7
Businesses advised to stay vigilant to maintain export growth
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
Statistics from the Ministry of Industry and Trade (MoIT) showed that export value in April grew 44.9 percent over the same period last year, while that in the first four months of 2021 expanded 28.3 percent year on year to 103.9 billion USD. ....

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Covid-19 tests resilience of Vietnam's businesses


Covid-19 tests resilience of Vietnam’s businesses
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 11/01/2021
  
10:02
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Despite difficulties caused by Covid-19, many Vietnamese businesses have been able to survive and develop.
In late 2020, FLC put its FLC Grand Hotel Quy Nhon with 1,500 hotel rooms with capacity of 3,500 people, the largest 5-star hotel complex in Vietnam, into operation.
Amid Covid, and current conditions, the new hotel is considered an indicator of confidence in Vietnam s tourism recovery in the long term.
Nguyen Xuan Phu, president of Sunhouse Group, said revenue plummeted by 50 percent in the first two months of 2020. However, Sunhouse began seeing a strong recovery in the last three months of the year. ....

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