Wednesday, October 1, 2025
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business temporarily suspended operations
News updates related to businesses temporarily ceasing operations
Vietnam Bank for Social Policies launches loan program to pay for unemployment benefits
(Baonghean) - The Vietnam Bank for Social Policies (VBSP) has just issued a document guiding the lending process for employers to pay for workers' suspension of work. Accordingly, if meeting all conditions, customers will be able to borrow capital with an interest rate of 0%.
Economy
Nghe An tourism 'drastically decreased' in the first quarter, many businesses temporarily suspended operations
(Baonghean.vn) - The Covid-19 epidemic has severely affected Nghe An's tourism industry, with the number of visitors and revenue decreasing significantly, with all indicators much lower than planned, and many businesses generating no revenue and having to temporarily suspend operations.
Nationwide, nearly 42,630 businesses have temporarily suspended operations.
CEL Consulting, a supply chain management and logistics consulting firm in Southeast Asia, has just released a study stating that Vietnam is one of the fastest growing countries in Asia, and is expected to continue to grow rapidly in the future. However, businesses must overcome the existing "barriers" of challenges.
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