With a population of over 97 million, Vietnam has experience in responding to outbreaks of other infectious diseases including SARS, MERS, measles and dengue. In the case of the novel coronavirus, Vietnam relied on four relatively cost-effective solutions to combat the virus, Gavi reported. … [Read more...] about Four key measures help Vietnam control coronavirus
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In addition, the Government cautiously recommended the NA consider and adopt the guideline on several specific mechanisms and policies to revive the economy in the new situation. Accordingly, the Government asked for the NA’s permission to proactively adjust the 2020 public investment plans among ministries, sectors and localities within the expenditure estimate on development investment; convert the investment mode for important transport projects from that of a public-private partnership to the use of the state budget; exempt and reduce a number of tax obligations concerning the areas and subjects suffering heavy losses due to COVID-19; postpone the increase of basic salary for civil servants, public employees and the armed forces and pensions from July 1, 2020; and consider launching new economic stimulus packages if the pandemic continues to be prolonged on a global scale. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30
- Prime Minister Nguyen Xuan Phuc stated last week that the government would provide some VND300 trillion ($13 billion) as a relief measure in financing for businesses hit hard by the COVID-19 pandemic, while ensuring sufficient capital to prop up the economy. PM Phuc reaffirmed that the Vietnamese government would put best effort to contain the virus and create preferential conditions for enterprises being alive. Previously, State Bank of Vietnam’s Deputy Governor Dao Minh Tu asked 20 banks to offer a minimum of 2-per-cent lending rate reduction to cushion cash-strapped businesses. … [Read more...] about Consumers risk higher defaults amid lending sector fluctuation
At the exhibition space belonging to building materials and interior-exterior decoration, the participants will be provided with useful information about contemporary construction trends from well-established businesses in “hardware” construction such as DP Consulting – the supplier and designer installing and providing after-sales services for the backup power generator system and hydraulic engines of Rolls-Royce Power Systems; Hoa Binh Group – Vietnam’s largest EPC contractor; Ricons – a high-profile construction player; Minh Thanh Ltd. – a prestigious power generator supplier; Schindler – a global player in manufacturing, installation, and service provision for elevators; or Khai Toan Group – a leading player in electrical equipment and lighting. … [Read more...] about Novaland Expo: Raising the bar with leading brands
Bochmann: Ideally, now is the time to work with and train associates. Contemporary tourists are looking for a personalized experience – something they can talk about when they get back to their families, friends, and colleagues. Now is the time to ask what we can sell tourists, MICE organizers, and destination wedding specialists that they can only experience in Vietnam. It is experiences and interaction with the Vietnamese people, authentic Vietnamese food, and Vietnamese culture, as well as beautiful weather and scenery that we need to concentrate on. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?