Vietnam: Businesses struggling with rising costs during Covid-19 era

A seaport in Ho Chi Minh City. Many businesses around the country and in HCM City are struggling with rising costs, with tens of thousands of businesses being forced to close down. - Vietnam News/ANN

HO CHI MINH CITY, June 13 (Vietnam News/ANN): Many businesses have closed down or are struggling with rising overheads due to Covid-19.

From January to the end of May, nearly 60, 000 businesses around the country closed. As many as 31, 800 of them closed temporarily, while the rest were dissolved or are in the process of dissolution.