The Saigon Hi-tech Park in HCM City’s Thu Duc city. HCM City will focus on speeding up investment procedures to attract more investors. (Photo baodautu.vn) HCM City (VNS/VNA) – Ho Chi Minh City will focus on helping businesses invest in the Saigon Hi-tech Park in Thu Duc city by addressing slow administrative procedures, a conference on facilitating investment heard on June 27. Vo Sy Nhan, general director of office space provider Onehub Saigon Bund, said though the park has been making efforts to help, his company’s project there has been slow to make a start. It was approved in 2014, but has been stymied by administrative bottlenecks, he said. For instance, approval for its land planning adjustment has been slow, and since the park itself is also going through a similar process, it could take long, he said. It is also having difficulty extending its land lease contract, which requires the city’s approval, he said. Nhan has asked relevant authorities to quickly … [Read more...] about Saigon Hi-tech Park to speed up investment procedures
Beijing shanghai high speed rail
China slashes Covid quarantine time for international travelers
Quarantine at centralized facilities has been cut to seven days from 14, and subsequent at-home health monitoring has been reduced to three days from seven, the National Health Commission said in a statement. The latest guidelines from the health authority also eased quarantine requirements for close contacts of people who have tested positive for the new coronavirus. China has cautiously eased its Covid curbs on cross-border travelers in recent months, with health officials saying the shorter incubation period of the Omicron variant allows for an adjustment of quarantine periods. The Chinese capital Beijing in recent months has already reduced the quarantine period at centralized facilities to 10 days from 14. China, last month, also removed some Covid-19 test requirements for people flying in from countries such as the U.S. Stock markets rose in Hong Kong and the mainland, with the Hang Seng Index reversing losses and ticking up roughly 0.4 percent and the CSI300 Index … [Read more...] about China slashes Covid quarantine time for international travelers
China halves quarantine time for overseas travellers
China on Tuesday reduced the length of mandatory quarantine for inbound travellers, in the biggest relaxation of entry restrictions after sticking to a rigid zero Covid policy throughout the pandemic. The new guideline cuts the length of mandatory quarantine for overseas travellers to seven days plus three more of home monitoring -- a drastic drop from about 21 days of quarantine and home monitoring combined. China closed off its international borders in March 2020 and the number of international flights is still tightly restricted in an effort to tamp down "imported" virus cases as the pandemic rages elsewhere. Overseas arrivals have faced weeks of strict monitoring and costly quarantine in hotels and designated centres, as well as soaring ticket prices for the slashed number of flights. Under the latest Covid prevention and control policy guidelines announced by the National Heath Commission and the State Council, inbound travellers entering China will now be required to … [Read more...] about China halves quarantine time for overseas travellers
Australia pledges to beef up strategic partnership with Vietnam
Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam
Three Russian Navy ships complete Vietnam tour
Destroyer Marshal Shaposhnikov, corvette Gremyashchy and oil tanker Pechenga led by Colonel Alexey Anciferov had docked at the strategic naval base at Cam Ranh Bay in Khanh Hoa from June 25 to 28. During their stay, the Russian officers and crew members played sports with their Vietnamese counterparts at the High Command of Region 4 of the Vietnam People's Navy, which oversees the waters off the central coast. They also visited several cultural and historic sites in Nha Trang. Destroyer Marshal Shaposhnikov belongs to the Soviet designation Project 1155 Fregat and Russian designation Project 11551 Fregat-M, which are a series of anti-submarine guided-missile destroyers built for the Soviet Navy, seven of which are currently in service with the Russian Navy. Commissioned in 1985, the destroyer has a length of 163 meters, a beam of 19.3 meters, and a draught of 7.8 meters. She can reach a top speed of 35 knots (65 kph) and has a crew of 300 sailors. In 2017 the ship received … [Read more...] about Three Russian Navy ships complete Vietnam tour