Breach contract meaning

FIFA handed the win to Cisse after putting out a 10-page report of the arbitration, which said his claim is "admissible and partially accepted." Accordingly, the club will have to pay Cisse $58,420 in compensation.Thanh Hoa filed an appeal to the Court of Arbitration for Sport (CAS) after FIFA’s decision. The cost for this case will be $2,000 plus 1.5 percent of the disputed money ($58,420), according to CAS regulations.Cisse came to Thanh Hoa for trial and signed with the club in November 2019 with a monthly salary of $8,500, plus a contract fee of $85,000 per year, half of which would be paid at the start of the season and the rest following the 25th round of the season.Although Cisse said he had successfully completed his medical exam on Nov. 5, 2019, Nguyen Van De, the club’s president at the time, decided to end the contract with the 31-year-old on Jan. 7, 2020, stating his thigh injury would not heal in time for the new season.According to Cisse, De met him on Dec. 31, 2019 to convince him to sign a mutual termination agreement but the player refused to do so. Then a week later, De told him that he is not allowed to train with the team or access team facilities. He also claimed he only received $3,000 of his November salary, and that his December 2019 and January 2020 salaries were still outstanding.The club said they had terminated Cisse’s contract after his medical examination in November. They also claimed Cisse had breached the contract by submitting a complaint to Vietnam Football Federation and accused him of only attending a few training sessions since November 2019. They also quoted part of the contract, which reads:"In case for any reason the Player does not maintain the level of playing skillfulness and/or physical conditions to the satisfaction of the Club, the Club on the sole basis of the opinion of the Club’s Professional Council and Training Board has the right to unilaterally reduce the salary, the bonus and other …

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HCM City targets domestic market for tourism recovery The Ho Chi Minh City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pandemic. The sector will continue its efforts to boost domestic tourism as the main factor driving the recovery of the tourism industry. The tourism communication and stimulus campaign, ‘Hello Ho Chi Minh City,’ has been implemented to promote the city as a safe, vibrant and friendly destination. Tourism cooperation and linkages between HCM City and the Northeast, Northwest and the Central regions will also serve to boost domestic travel. The city aims to receive 33.5 million domestic visitors this year if COVID-19 remains under control in the country./. Tet sales increase sharply on low prices With a week to go for Tet (the Lunar New Year) sales of goods bought to celebrate the Lunar New Year have increased by 30-40 percent from normal times, according to market observers. They attribute it to prices remaining steady and people’s increasing income at the end of the year. Saigon Co.op’s supermarket chains have managed to meet market demand thanks to early preparation of goods, accurate forecast of demand and discounts, Nguyen Anh Duc, its permanent deputy general director, said. In January sales increased by 37 percent compared to the same period in the previous month, with growth of fresh and processed foods, cosmetics, kitchen appliances, and garments being high, he said. There have been no shortages of goods, especially pork, and no price hikes, he said. Dinh Quang Khoi, head of marketing and customer care at MM Mega Market Vietnam, said customers have bought Tet goods earlier than usual, and retail sales increased by more than 10 percent compare with same periods of last year, while the increase is 5 -6 percent if the wholesale segment is included. Shopping malls in Ho Chi Minh City like Vincom Central …

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Logistics sector to step up digital transformation Logistics, considered a backbone of Vietnam’s economy, is among eight sectors prioritised by the national programme for digital transformation until 2025. According to the Vietnam Logistics Business Association (VLA), the sector has grown 14-16 percent annually over recent years. It now gathers together some 3,000 domestic firms and 30 others offering transnational services.  Of those, 89 percent are domestic businesses and 10 percent are joint ventures while the number of foreign-funded companies represents just 1 percent of the total. The VLA said the cost of logistics in Vietnam as a proportion of GDP is 18 percent, compared to 9-14 percent in developed countries. The high cost is attributable to limited sea port infrastructure and weak cost reduction efforts. Together with fierce competition, the digital economic boom, and pressure from the COVID-19 pandemic, these have made digitisation in the sector a must. Vietnamese logistics companies offer between 2 and 17 services, mostly in transport, warehousing, and fast delivery. About half apply technology in their operations. Nguyen Tuong, VLA Deputy General Secretary, said investment shortages from the very beginning, difficulties in choosing suitable technological applications, a sense of distrust in technology, and a fear of change are hindering the sector from pressing ahead with digital transformation. Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade at the Ministry of Industry and Trade, said transformation in this core sector would trigger a similar process in other parts of the supply chain. Experts have said that smart logistics involve master plans and strategies with the involvement of cloud computing technology, adding that it will be conducive to improving customer services, information flows, and automation. To reduce logistics costs, Nguyen Hoang Long, Deputy General Director of the Viettel Post Joint Stock …

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