Facing difficulty in credit, banks seek "salvage" from service segment

Facing difficulty in credit, banks seek "salvage" from service segment

VCN - Many banks have suffered from the Covid-19 epidemic, with both deposits and credit declining compared to the same period last year. Therefore, to offset profits, they must boost revenue from the service segment.
Businesses refrain from issuing bonds due to COVID-19 epidemic

Businesses refrain from issuing bonds due to COVID-19 epidemic

The volume of corporate bonds issued during February has reduced remarkably compared to the previous month due to the negative impacts of the COVID 19 epidemic on the stock market
Suffering because of Covid-19, exports look forward to EVFTA

Suffering because of Covid-19, exports look forward to EVFTA

VCN- The Covid-19 outbreak in China (the third largest export market of Vietnam and the largest import market of Vietnam) sincethe end of January 2020 has significantly affected commercial activities of Vietnam.
EVFTA adds fresh impetus to exports amid COVID-19 epidemic

EVFTA adds fresh impetus to exports amid COVID-19 epidemic

The European Union-Vietnam Free Trade Agreement (EVFTA) will serve as a new driving force to spur on export growth in the context of the spread of the novel coronavirus (COVID-19) epidemic which has caused plenty of challenges for export businesses
Vietnam could receive fresh FDI inflow amid COVID-19 epidemic

Vietnam could receive fresh FDI inflow amid COVID-19 epidemic

The nation is expected to represent a safe choice for foreign investors in their capital shifting plans in the context of the novel coronavirus (CODIV-19) epidemic which is currently spreading globally.
Tax finalization in Hanoi: Urgent, serious but not negligent against Covid-19 epidemic

Tax finalization in Hanoi: Urgent, serious but not negligent against Covid-19 epidemic

VCN- At the Dong Da Tax Department, there is an atmosphere of working urgently and professionally.At the beginning of the month, the number of taxpayers making tax finalization as still not high.
Bad debt may not be too serious

Bad debt may not be too serious

VCN- In 2019, the bad debt volume of the credit system has decreased because the banking industry has introduced many solutions so far to handle the bad debt effectively.
Disbursement of public investment capital delayed by Covid-19 epidemic

Disbursement of public investment capital delayed by Covid-19 epidemic

VCN- Therefore, the rate of investment capital disbursed from the State budget in the first two months of the year is not high compared to the plan for 2020.
Global stocks plunge: Need calm to find opportunities in risks

Global stocks plunge: Need calm to find opportunities in risks

VCN- Vietnam's stock market has just had a trading week (from February 23 to February 27), with the turbulent VN-Index recording a record decline of 5.45%.
Hanoi Taxation Department: Add an application to schedule tax finalisation with the tax office

Hanoi Taxation Department: Add an application to schedule tax finalisation with the tax office

VCN- The department also prepares facilities, equipment, computers, printers, arranges answers, guides and records, ensuring no congestion at the single window of tax authorities during the peak period.
Foreign Ministry issues travel warnings amidst COVID-19 epidemic

Foreign Ministry issues travel warnings amidst COVID-19 epidemic

The Consular Department under the Ministry of Foreign Affairs has advised Vietnamese citizens against travelling to areas with COVID-19 outbreaks or vulnerable to the epidemic as warned by foreign countries.
Covid -19 epidemic impact: Enterprises face difficulties because C/O form E cannot be submitted according to the deadline

Covid -19 epidemic impact: Enterprises face difficulties because C/O form E cannot be submitted according to the deadline

VCN- Facing the impact of epidemic in China, a representative of the Customs Control and Supervision Department said the General Department of Vietnam Customs has grasped problems of enterprises to summarise and propose the Ministry of Finance for settlem
HCMC: Many businesses suffer from Covid-19 epidemic

HCMC: Many businesses suffer from Covid-19 epidemic

VCN- In fact, the EPZs - IPs and high-tech parks in Ho Chi Minh City with nearly 2,000 factories are in need of raw materials for production, a large part of which originates from China and no other alternative sources.
Businesses maintain stable production amid impact of COVID-19 epidemic

Businesses maintain stable production amid impact of COVID-19 epidemic

The production activities of firms in several localities nationwide have been greatly affected by the novel coronavirus (COVID-19) epidemic as enterprises with partners in China and throughout Asia have had numerous orders cancelled.
Export by sea:Motivation for businesses during Covid-19 epidemic

Export by sea:Motivation for businesses during Covid-19 epidemic

VCN- Many seafood products and milk are also exported by sea by businesses. The company mainly exports to China by sea, so it is not affected by the customs clearance at border gates.
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