Lunar new year

The department said in the first quarter of this year, total cement consumption at home and abroad was expected to reach 20.97 million tonnes, 15 per cent higher than the same period last year. Of this, export volume in the first quarter stood at 7.51 million tonnes, a year-on-year surge of 28 per cent. - VNS … [Read more...] about Domestic cement consumption down, export market bright

T.K.H., 73, is confirmed to have recovered from the disease after testing negative for the virus five times. However, he needs to undergo further tests to ensure that all his samples are negative before he can be discharged from hospital, according to the HCMC Hospital for Tropical Diseases. … [Read more...] about Two more patients in Vietnam test negative for coronavirus

Deputy Governor Dao Minh Tu of the SBV said that as the liquidity of the banking system is currently abundant and banks do not lack capital, commercial banks are not allowed to raise interest rates, even mobilizing interest rates. If necessary, the SBV will adjust the benchmark interest rate, thereby indirectly helping banks to lower interest rates to support enterprises during the Covid-19 outbreak. He also noted that the whole banking system needs to ensure activities to happen normally. Commercial banks need to implement solutions, such as restructuring debts, outstanding loans, and repayment period and considering to lower interest rate. Currently, several banks have joined in helping enterprises affected by the Covid-19. Vietcombank cut interest rate by 1-1.5 percent per annum for credit outstanding balance in Vietnamese dong, depending on term; by 0.5-0.75 percent per annum for credit outstanding balance in US dollar; by 1 percent per annum for new loans in Vietnamese dong and … [Read more...] about Banks offer preferential interest rates for enterprises affected by Covid-19

The Ministry of Industry and Trade said that containers carrying dragon fruits, watermelon and jackfruits have kept proceeding to the border gates in the northern provinces of Lang Son and Lao Cai despite advice against doing so. … [Read more...] about Fruits container congestion worsens at Vietnam-China border gates

Cam Ranh International Airport in central Khanh Hoa province is among the worst hit as Chinese nationals account for 60 percent of the total passengers there. Meanwhile, Noi Bai International Airport is the least, seeing around 530-540 flights each day, but anyway this is still a drop of some 100 flights compared to peak period of Lunar New Year (Tet) holiday, Thanh said. … [Read more...] about Air travel falls 20 percent on COVID-19 outbreak: authority