The Toyota plant in Vinh Phuc produced 50,114 units last year. The year 2019 also marked a new milestone for the company, with the accumulated production of 500,000 units and the return to assembly of the Fortuner. Toyota lines assembled at the factory include the Vios, Innova, Fortuner and Corolla, which are also its best-selling models. … [Read more...] about Toyota Vietnam suspends production
Drop your guard
When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
Energy and financial firms were among the worst performers in the quarter. Retailers, which have seen sales evaporate as stores closed, suffered some of the biggest losses on Tuesday, with Macy's down almost 9% a day after it said it would put the majority of its staff on unpaid leave. … [Read more...] about Coronavirus: Stock markets suffer worst quarter since 1987
Inter-provincial coaches from the city to other provinces within a distance of around 100km are permitted to run two trips per day. Others of a longer distance are allowed to transport passengers for one trip a day. … [Read more...] about HCM City suspends operation of service vehicles
Saigon Co.op, one of Vietnam’s leading retailers, has managed to weather difficulties. At a meeting organised in late February, a representative of Saigon Co.op affirmed that the retail market this year is forecast to face massive difficulties due to the epidemic. However, the company still set revenue target of VND38.9 trillion ($1.69 billion), up 10 per cent on-year. … [Read more...] about Retailers implement creative quick fixes to drum up custom