According to a report released by IHS Markit today, April 1, business conditions had deteriorated to the greatest extent since the survey began in March 2011 amid record falls in output, new orders and employment. Firms also scaled back purchasing activity and inventory holdings, while severe disruption to supply chains was reported. … [Read more...] about Vietnam’s PMI at nine-year low
News from saigon times online
China reports fewer new coronavirus cases, starts posting asymptomatic cases daily
The total number of imported cases stood at 806, but while this category accounts for a small percentage of the overall number of confirmed cases, authorities have barred most foreigners from entering and introduced more rigorous checks on citizens returning from abroad as they fear imported cases could trigger a second wave of infection. … [Read more...] about China reports fewer new coronavirus cases, starts posting asymptomatic cases daily
Ministry proposes 10% electricity bill cuts for certain users
Nguyen Anh Tuan, head of the ministry's Electricity Regulatory Authority, said at a Government meeting this morning, April 1, that the ministry had proposed that households using less than 300 kilowatt hours (kWh) per month should enjoy a 10% reduction in price for three months, from April to June. Those who use over 300 kWh are not entitled to the incentive. … [Read more...] about Ministry proposes 10% electricity bill cuts for certain users
Government announces VND30 trillion aid package for coronavirus-hit people
Prime Minister Nguyen Xuan Phuc speaks at the meeting - PHOTO: VGP HCMC - Unemployed people or workers forced to leave their jobs due to the coronavirus will receive VND1 million per person per month from April to June from the government’s VND30-trillion aid package, Prime Minister Nguyen Xuan Phuc said at a meeting on March 31. … [Read more...] about Government announces VND30 trillion aid package for coronavirus-hit people
Japanese firm to supply 15,000 ventilators to Vietnam
However, its production capacity is limited, so the firm is working with the world’s leading consulting companies to transfer the patent rights for manufacturing these ventilators to others that comply with Metran’s policies and requirements. This is expected to ramp up ventilator production in the global market. … [Read more...] about Japanese firm to supply 15,000 ventilators to Vietnam
