At the Annual General Meeting of Shareholders, it was decided that all banks would issue billions of additional shares to pay for dividends in 2022. This decision will inadvertently put pressure on bank stocks.
Every year after the Tet (Lunar New Year) holiday, many businesses face a serious shortage of workers. Last year, due to the impact of social distancing orders, enterprises struggled with a shortage of labor. Therefore, the need to prepare the workforce for the post-Tet period is even more urgent.
After a temporary suspension of construction work due to the Covid 19 social distancing, many road traffic projects, construction, and urban embellishment projects in Ho Chi Minh City have restarted. Workers in these construction sites have to race against time to finish the work before the 2022 Lunar New Year.
Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen had a surprise inspection on Covid-19 prevention in Hoc Mon District because the pandemic had shown signs of being complicated again here.
After Ho Chi Minh City has reopened to operate in the new normal state for more than a month, the purchasing power has still dropped sharply compared to normal days. Despite weak purchasing power, prices of some products still surge by 10-15 percent.
October 28 was the first day Ho Chi Minh City allowed restaurants and eateries to serve customers on-site. Social distancing had closed their doors for many months, with takeaway allowed from the beginning of October. The decision to allow dining-in actually meets the desires of people and businesses alike.
After more than half a month of loosening social distancing, Ho Chi Minh City records that 60 percent of enterprises have restored production with a scale of up to 83 percent. The relaxation of social distancing, along with the resumption of the transportation system from the city to other provinces, has created favorable conditions for enterprises to speed up production.
Credit growth by the end of September 2021 reached 7.17 percent, much higher than the level of 4.99 percent in the same period last year. However, in September, due to the impact of the pandemic and social distancing, the total outstanding balance of the whole economy decreased by VND23 trillion.
People in many localities in the Mekong Delta embarked on restarting the production chain in the early days of October because the Covid-19 pandemic in many places had been basically under control, with new Covid-19 cases decreasing sharply.
After the Sai Gon Giai Phong Newspaper (SGGP Newspaper) published the article "Wholesale markets face risk of closure again" on September 24, Hoc Mon District authorities urgently checked and handled traders who illegally sold goods on the streets around the Hoc Mon Wholesale Market and nearby roads, such as the National Highway 22 and Nguyen Thi Soc Street.
Ho Chi Minh City businesses are eager and preparing to reopen after months of closure due to stringent social distancing orders, but continue to face challenges from tough regulations and staff shortages.
When wholesale markets in Ho Chi Minh City were allowed to open transshipment points, it was expected to contribute to solving the shortage of essential goods in the context that the city implements social distancing. However, the result is not as expected.
In the context of the complicated development of the Covid-19 pandemic, many agricultural products have faced difficulties in transportation and consumption. Fortunately, with the support of the nationwide postal network, farmers have boldly put agricultural products on e-commerce platforms and found consumers.
The ranking of e-commerce businesses in Vietnam's Map of E-commerce changed in the second quarter of 2021, with the volume of searches on Google for essential online stores skyrocketing, according to an iPrice Group study.
On the first day after social distancing was loosened, many people in District 7 in Ho Chi Minh City had to return when they went to the market because they forgot to bring their smartphones to scan the QR code. Some eateries have reopened. However, because travel remains difficult, they cannot buy enough ingredients, so they only sell food in the morning.
The education sector in Ho Chi Minh City has launched a program to donate computers to help kids with a return to online learning because according to primary statistics, approximately 77,000 students in the southern metropolis don’t have computers for remote learning.
A research team from the University of Economics and Law under the National University of Ho Chi Minh City, on September 6, announced the result on the topic "Creating the driving force for economic recovery in HCMC in the fourth wave of Covid-19". The research team has put forward assessments and solutions related to policies for the economic recovery of HCMC after the end of social distancing. Assoc. Prof-Dr. Hoang Cong Gia Khanh, Dean of University of Economics and Law, who chaired the research team, shared with Sai Gon Giai Phong Newspaper about the result of this research.