Business

Minh Tu While the Covid-19 pandemic hurt many businesses, it brought higher profits to some industries. Let’s look at some success stories The year 2020 was a “fiasco” for many enterprises in Vietnam. Nearly 102,000 businesses withdrew from the market, 14% more than in 2019. According to FiinGroup’s estimates, in 2020, listed companies’ revenues dropped by 8%, excluding the finance […]

02/02/2021 - Business

Saved by domestic travel

An Nhien Despite the introduction of mass vaccination, there’s a long way to go before the Covid-19 pandemic can be brought under control. Here, Heritage speaks with economists, government officials, and business people on how the tourism industry has performed in 2020 and what to expect in 2021. Dr. Can Van Luc, Senior Advisor to BIDV In 2020, tourism was […]

08/01/2021 - Business

The race for FDI

Duc Minh As the trend of moving production away from China intensifies, Vietnam’s joined the race of countries eager to benefit For several decades, China has been the world’s key production workshop. Now, various countries are taking steps to reduce their dependence upon China. It’s said that when China sneezes, the world catches a cold. Any move from this economy […]

12/11/2020 - Business