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Private hospitals in HCMC and Hanoi are reporting losses after months of limited operations necessitated by the Covid-19 pandemic. After four years of making a profit, the Tam Duc Heart Hospital in HCMC’s District 7 posted a loss of VND13 billion ($571,440)…
Footwear maker PouYuen Vietnam, the largest employer in HCMC, faces a shortage of workers after 6 percent quit due to Covid-19 restrictions and resultant problems. The Taiwanese company, a supplier to Adidas and Reebok, has sought the city’s support for…
Enterprises in HCMC that have resumed business said they are still facing high production costs, difficulties in inter-provincial transport and labor shortages. A survey of 100 enterprises both inside and outside industrial parks by the Southern Institute of…
Ride-hailing firms have resumed their services in HCMC at a significantly lower scale than pre-pandemic times. Vietnam-based Be Group, which runs the eponymous ride-hailing app, has reopened its ride-hailing taxi service in Ho Chi Minh City with just 10…
Gojek on Thursday debuted its four-wheel ride-hailing service GoCar, first prioritizing healthcare workers before expanding to the public later this year. The Indonesian ride-hailing company started the service with 50 vehicles in Ho Chi Minh City dedicated…
All supermarkets in HCMC will close at 5 p.m. starting Monday to comply with the city’s suspension of night-time activities amid its Covid-19 battle. Retail chains like VinMart and Co.opMart will operate from 7 a.m. to 5 p.m. instead of 10 p.m. Big C outlets…
HCMC’s biggest wholesale market, Binh Dien, which has a growing number of Covid-19 cases linked to it, will shut down on Tuesday. Authorities in District 8, where it is situated, said they made the decision after the infection began to spread to other areas…
Barbers in Hanoi and HCMC are going to customers’ homes to make a living as their shops remain closed due to the Covid-19 pandemic. For a month now Nguyen Thai Hoang, 27, a hairdresser in Hanoi’s Long Bien District, has had his business disrupted, and he has…
Coworking space operators in Vietnam have launched a number of Covid response services and even prepared for expansion after the pandemic is controlled. This month Dreamplex, which has five coworking spaces in Hanoi and HCMC, unveiled a service called the…
Vietnam’s overloaded main bourse, the Ho Chi Minh Stock Exchange, next week will begin testing a new system from South Korea which it plans to use later this year. The system would have the capability to handle “many times more” transactions than now, Le Hai…
Many HCMC residents have turned to online shopping for essential goods following a two-week social distancing order across the city, and e-commerce platforms are reporting a boom. Data from e-commerce platform Tiki shows sales grow by 30 percent last weekend,…
Vietnam is among the top countries in Southeast Asia for coworking space provider WeWork, growing by 8 percent since early last year. Most of its customers in the country are in technology, pharmaceuticals, and manufacturing, while financial organizations are…
The B2B e-commerce platform’s newly opened stores are located in two of the most crowded shopping locations in Ho Chi Minh City, Lotte Mart and SC VivoCity Shopping Mall. Buy2Sell has launched a cosmetics store at Lotte Mart Vietnam, offering attractive…
Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust. The assumption that Covid-19 would cause the market to slump has proven baseless, and market research aftermarket research…
Retail chain Big C plans to rebrand all its outlets as Tops Market or GO! this year, laying the Big C name to rest after 22 years in Vietnam. Thailand’s Central Retail, its owner, began the process on March 1 by changing the names of three Big C outlets in…
KASIKORNBANK (KBank) is gearing up to become The Bank of AEC+3 after the State Bank of Vietnam granted approval for the opening of a branch in Ho Chi Minh City, Vietnam. The Bank aims to serve Thai business customers, including large corporate and SME clients…
