Do duc tien

Representative of Viet Beer signed a memorandum of understanding with the Vietnam General Administration of Physical Education and Sports Vietnam will host the 31st SEA Games and 11 th Para Games in Hanoi starting from November 21. This regional spectacle presents Vietnam with the chance to convey its uniqueness as a nation as it hosts as well as competes. It is also an opportunity to improve the nation's branding as SEA Games welcomes 11 countries to compete in 40 sports and 526 competitive events while the Para Games features 11 sports. Tran Duc Phan, deputy general director of Vietnam Sports Administration, gives remark at the conference on sponsorship promotion for the forthcoming sporting events “ Regional sporting events like SEA Games and Para Games play a crucial role in presenting Vietnam to international audience. This requires concerted efforts by multiple stakeholders. Partnering with sponsors like Bia Viet will go a long way towards ensuring the outstanding success of these events,” said Tran Duc Phan, deputy general director of Vietnam Sports Administration cum vice president of the SEA Games 31 and ASEAN Para Games 11 organising committee. SEA Games and Para Games will put on display Vietnam’s dedicated spirit reflected in its hosting of the events and its athletes’ commitment. SEA Games and Para Games will put on display Vietnam’s dedicated spirit reflected in its hosting of the events and its athletes’ commitment. Bia Viet, created to honour the national spirit, has aptly become an official sponsor of these regional sports events. The sponsorship amount will be finalised and announced this June. Speaking at the sponsorship signing ceremony, Alexander Koch, HEINEKEN Vietnam’s managing director, on behalf of Bia Viet, said, “We are honoured to become an official sponsor of the 31st SEA Games and 11th Para Games, which have been made possible thanks to the government’s successful management of the COVID-19 …

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Slowdown in reform Since 2014, the government has introduced a resolution each year on the measures to improve the business environment and enhance national competitiveness. The implementation of such resolutions has been commended by the business community for helping the business environment in Vietnam to improve significantly, as seen in the Provincial Competitiveness Index (PCI) released annually by the VCCI with the reform score increasing over the years. One of the most applauded reform is the administrative procedures to start a business when the number of days required for processing has dropped from 12 to 6 in the past six years. The average time a business spends on receiving tax authorities also fell from 19.5 hours per year to 8 hours in 2020. The field of export and import has also seen considerable improvements thanks to the application of information technology, risk management, interconnected procedures, and slimmed-down and transparent specialised inspections. Bold reforms in recent years have helped to increase Vietnam’s position in global rankings. Compared to the 2011-2015 period, Vietnam has leapt 20 positions to rank number 70 among the 190 economies on the World Bank’s business environment rankings. Vietnam also jumped 10 notches to rank at 67 among 141 economies on the International Monetary Fund’s global competitiveness index. However, a report by the VCCI shows that many hurdles remain in Vietnam’s business climate and the speed of reform is slowing down, especially in starting a business, access to electricity, access to credit and construction permits. It is worth mentioning that these are the areas regarded as having the most rapid and impressive reform for many years. Although a government resolution has called for strengthening discipline in processing administrative procedures in construction, many requirements have yet to be implemented and enterprises have not felt the positive impacts of such measures. Increasing …

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Not only attracting domestic customers, residential areas on natural islands also attract overseas Vietnamese and foreign investors thanks to convenient, classy and private ecological living spaces. The fresh, modern and private life on natural island Island residential estate has become a priority of investment of the rich. Among the world-famous ecological islands that are favored by the wealthy, business people, celebrities are Palm Jumeirah Island in Dubai and Deep Water Bay in Hong Kong. Each villa on Palm Jumeirah Island costs about $3.5 million. Well-known celebrities like former football star David Beckham, former supermodel Naomi Campbell, and actor Denzel Washington own estate on this island. In Vietnam, residential projects on natural islands adjacent to the city center have also lured the wealthy’s interest. Experts said that the ‘absorption’ rate of this type of real estate is very high. For example, the rate is more than 90% for Phoenix island - Aqua City project in the east of Ho Chi Minh City. These limited products are particularly appealing to overseas Vietnamese and foreign customers. Phoenix island - Aqua City  has a great attraction to overseas Vietnamese and foreign investors Ms. Lucy Nguyen - a customer - said: “I am really impressed by the ecological greenery, the river and the fresh living environment on Phoenix island. I did not think that there is such a large-scale residential area right next to Ho Chi Minh City, which is both well-planned and fully equipped with all necessary infrastructure facilities from schools, health care centers to high-class entertainment facilities and full of ‘natural breath’ like that". During their visit to Aqua City , movie director Victor Vu and his wife chose a house of the Aqua City project. He said that he and his wife felt comfortable once entering here. Its fresh environment, where everything is very tidy, immediately gave him and his wife a special feeling. Aqua City is the …

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