Hanoi (VNA) – The People’s Committee of Hanoi is directing departments and localities to take drastic measures to speed up the disbursement of public investment as by the end of March 2020, the capital city’s disbursement only reached 7.6 percent of the yearly target, failing to meet the requirements. Districts are required to build appropriate plans for 2020 in accordance with the city’s budget collection scenario given the complicated developments of the COVID-19 pandemic. The state budget collection in the capital is forecast to be extremely difficult, affecting development investment and regular expenditures. Therefore, localities across the city should review the porfolio of investment projects, prioritising natural disaster prevention, diseases, health care, social welfares, education-training, agriculture and rural development, environmental protection, and social order, safety and security. According to the municipal People’s Committee, the … [Read more...] about Hanoi boosts public investment disbursement
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Almost all German companies in Vietnam have already got a taste of how the epidemic would affect their business activities since the coronavirus broke out. They have been feeling the initial impacts, especially because of the travel restrictions (86 per cent). 59 per cent of German companies reported that coronavirus has disrupted their supply chains while 55 per cent are experiencing cancellations of contracts and 50 per cent are rescheduling new investment plans due to the outbreak of coronavirus. … [Read more...] about Despite COVID-19, German companies hell-bent on investing in Vietnam
Online order overload also occurred in the western state of Gujarat, where Nguyen Thanh Tam lives with her Indian husband. Her family, wearing face masks, visit the local market to buy fresh vegetables every two days, making sure to sanitize their hands after each outing. … [Read more...] about Shocked, fearful: Vietnamese endure India lockdown
The platform has been used at many agencies and businesses such as the Ministry of Science and Technology, VTC, Coc Coc, Vinmart, VnPay, VinID, Grab and Viettelpost. More than 14,700 firms have installed the platform with some 10 million users from five countries and territories including Viet Nam, Taiwan, the US, South Korea and Japan. … [Read more...] about NextTech invests in chatbot platform
Also, even before the outbreak, Indian farmers were struggling. Low crop prices had led to a massive slowdown of rural consumption. "Even in normal times," said Mr Chowdhary, "farming has become unviable." Some 200,000 farmers have committed suicide in India since 1997. Most of the suicides have been linked to poverty, debt, a sharp rise in costs and crop failures due to pest attacks … [Read more...] about Will coronavirus lockdown cause food shortages in India?