That evening economy is not successful everywhere is a known fact. However, it provides provincial/municipal governments with an opportunity to further bolster their economy after the pandemic and look at long-term economic future - PHOTO: THANH HOA For HCMC, the delicious cake slice of evening economy in store for years will come to light as the Government is going to give it the greenlight soon. Decision 1129/QD-TTg, effective as of July 27, 2020, is a turning point which is expected to make evening economy thrive. The bans on business activities after midnight will be removed. Yet it also needs the momentum generated altogether by the state apparatus, communities and the business circle. … [Read more...] about Night-time economy waits for its bright days
Buying and short selling at the same time
The average monthly income of the poor, near-poor and middle-income groups in 2018 were VND931,000, VND1.8 million and VND2.77 million respectively. This means nearly 15 million households, or about 60 million people, have no access to a lot of basic goods and services due to the gap between income and price. It is worth noting that the sum these households spend on food, drink, and smoking makes up a sizable part of their income – 48% in the 2016 survey, the most recent figure. Their other needs such as housing, electricity, water, sanitation, household appliances, healthcare, travel, education, culture, sports, and entertainment, of course, face more limitations. … [Read more...] about Demand stimulus: where to begin?
Vice President and Secretary General of the Vietnam Fatherland Front Central Committee Hau A Lenh noted, "As the pandemic is getting more complicated, people are encouraged to stay at home to protect themselves and others as well to contain the spread of the virus. Let’s turn this into a special opportunity for us to better connect with others and do something good to yourself, your family, and the society." … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 13
Wasting capital chasing sales is different from investing in good people, infrastructure, and brand building. Investing is very good but wasting capital chasing sales is not. Insurers would once again come up against a brick wall if they only pour more and more cash for marketing and sales. The waste of capital has been much more intense for agents who are not professional, ill-equipped with products and advice they give to customers, then abandon the customers after a sale and provide no services to them, especially during claim time. … [Read more...] about New mindset needed for insurance industry
Vietnamese fans will be able to buy ticket to watch the Vietnam-Philippines semifinal at the 2018 AFF Championship online, as the country’s football governing body wants to ensure a ticket fever that occurred in the group stage earlier this month will not repeat. … [Read more...] about Vietnam to allow online purchase to prevent ticket rush for ASEAN semi