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Update news Covid-19
With the number of foreign travelers decreasing sharply and legal problems remaining unsettled, the condotel market is the 'darkest' part of the real estate market.
Vietnam spoke highly of progress made by the United Nations Security Council (UNSC)’s International Residual Mechanism for Criminal Tribunals (IRMCT),
Some 1,620 students from 300 primary, secondary and high schools in HCM City are competing in the third Phu Dong Sports Tournament for the Vovinam Nestlé MILO Cup,
Instead of going to traditional markets or supermarkets for essential goods, more Vietnamese are buying things online.
Covid-19 has forced manufacturers to consider restructuring the value chain, according to Sunny Hoang Hoa from Savills HCM City. Vietnam is expected to benefit from the trend.
Many Chinese wooden furniture manufacturers have been found setting up foreign invested enterprises (FIEs) in Vietnam to ‘fabricate’ Vietnamese origin for their exports to the US.
The rise of Vietnam has been highlighted in a recent survey of the Australian Chamber of Commerce (AustCham), as Vietnam is now considered the most favourable place to expand business,
The dollar price has decreased significantly from VND23,500 per dollar to VND23,300, though current factors are not supporting the exchange rate. This could be a great opportunity for Vietnam’s enterprises.
Asia was the first to experience the virus, the first to exit lockdown, and now has new spikes.
The Quad countries’ economic prosperity network plan is expected to bring great opportunity to Vietnam’s enterprises.
Dr Vu Minh Khuong from Lee Kuan Yew School of Public Policy in Singapore thinks that large economic groups such as Vingroup should develop industrial zones (IZs), not only for Vietnam, but also for Southeast Asia.
Amid the pandemic, with countries imposing social distancing and lockdown orders, digital transformation has become quite the buzzword, being mentioned more often than ever as people and businesses find themselves more reliant on technology.
Deputy head of the Civil Aviation Authority of Vietnam (CAAV) Vo Huy Cuong affirmed that the watchdog agency is unbiased when licensing air routes to Con Dao Island.
Foreign direct investment (FDI), which will help the economy recover after Covid-19, is also a driving force for the recovery of the real estate market.
Vietnam records one more COVID-19 case
Two more 'made-in-Vietnam' SARS-CoV-2 test kits meeting international standards were announced at a ceremony in Hanoi on June 5.
Minister of Planning and Investment (MPI) Nguyen Chi Dung warned that many Vietnam businesses may fall into foreign hands because of the pandemic.
The COVID-19 pandemic has had large-scale effects on all aspects of life. From trade flows to tourism, the spread of the disease has highlighted the vulnerabilities inherent in a globalised and interconnected world.
The economy won’t successfully grow if money is only poured into the pockets of a few people, while the majority of people face difficulties and have to live in a polluted environment, experts say.
Vietnam has to be very cautious when choosing and implementing a plan to reactivate the economy.