VnExpress News The News Gateway of Vietnam

Asia’s factories struggled for momentum in July as China’s strict Covid restrictions and flagging global demand slowed production, although early signs red-hot inflation may be peaking provided some optimism for firms squeezed by prices. A series of purchasing managers’ indexes (PMI) for July released on Monday showed new orders falling …

Grocery chain Bach Hoa Xanh suffered an 8 percent fall in sales year-on-year in the second quarter to VND6.76 trillion (US$289.47 million) following its closure of hundreds of outlets. The subsidiary of electronics retailer Mobile World closed 251 unprofitable outlets in May and June as it restructured and also changed …

Vietnamese authorities are now issuing up to 6,000 visas a day to Indians, a 24-fold increase from pre-Covid times, the country’s ambassador in New Delhi, Pham Sanh Chau, said. Before the pandemic Vietnam was issuing only around 250 visas a day, and the surge has been due to the launch …