Vietnamese billionair Pham Nhat Vuong’s production of pure electric cars is the last gamble for VinFast, because its gasoline cars have completely failed. Thus, electric vehicle production will take advantage of the infrastructure of the previous gasoline vehicle factory. However,…
The important supply chains of Vietnam’s phone and footwear industry are struggling to find a way to overcome the damage caused by shutdowns as COVID-19 causes economic distress, Asia Nikkei newspaper reported on November 24. It is reported that factories…
On August 24, the Vietnam Aviation Business Association (Vaba) announced that due to Covid-19, revenue of its airlines members decreased by 80-90%, cash flow was severely short, principal and interest debt increased. This situation puts the airline business on the…
