Cambodia laos vietnam tour

In February, USAID provided medical equipment to help Laos’ frontline health workers. The US agency followed up with more than 1.9 million USD in the next month while the US Centers for Disease Control handed over about 3.17 million USD to Laos in May. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia June 24

Net interest income (NII) for the first half grew to VND8.1 trillion, up 23 per cent from the same period last year. Net Fee and Commission Income (NFI) was VND2 trillion, posting 57 per cent year-on-year increase. NFI was 16.8 per cent of TOI as compared to 13.8 per cent in the first half of 2019, with a strong contribution from bond underwriting activity during the period. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3

Phnom Penh (VNA) – The Cambodian government has decided to extend tax breaks for another two months for tourism-dependent businesses to overcome difficulties during the COVID-19 crisis, the Ministry of Tourism said on August 3. The exemption, which takes effect in August and September, is granted to hotels, guesthouses, restaurants and tour companies in capital Phnom Penh and in Siem Reap, Sihanouk, Kep and Kampot provinces, as well as in Bavet and Poipet cities, according to the ministry. It added that the government will continue transferring 40 USD per month for staff and workers in the tourism sector for another two months. Tourism Minister Thong Khon said over 3,000 tourism-related businesses in Cambodia have been closed due to COVID-19, leaving more than 50,000 workers unemployed. Last weekend, the government announced that it will continue supporting unemployed workers in the garment-textile sector for another two months. Each will receive 40 USD per month from … [Read more...] about Cambodia extends tax breaks for tourism-dependent businesses

The giant tour company suffered a loss of over VND38 billion ($1.63 million) in the second quarter, its third quarterly loss in a row, according to its latest consolidated financial statement. Revenues were down 90 percent year-on-year to VND206 billion ($8.85 million). … [Read more...] about Leading tour operator reports loss of $3.4 mln

Dak Lak (VNA) – Dak Lak’s police on June 20 said it is expanding investigation into a major drug ring after three men were caught red-handed trafficking 1.8kg of narcotics from the border with Laos to the Central Highlands province. Around 3:30am on the same day, the police found 1.8kg of crystal meth, worth 450 million VND (19,340 USD), hidden under the seats of a car travelling on Ho Chi Minh Road crossing Cu Ne commune, Krong Buk district, with three people on board. They include driver Le Thanh Anh, 27, from Chu Pah district of the neighbouring Gia Lai province; Hoang Linh, 32, from Krong Ana district, Dak Lak; and Luu Van Thai, 35, from Hai Phong. Linh confessed that he was hired by a Vietnamese man named Duc to get the drug from A Thao, a foreign national, in Kon Tum’s Bo Y Border Gate and then deliver it to a buyer named Dung in Buon Ma Thuot city, Dak Lak. If he succeeds, he will be paid 36 million VND (1,548 USD). Linh and his companions were arrested by … [Read more...] about Dak Lak police bust cross-border drug ring, seize 1.8kg of crystal meth