European economic area

Residents at a vaccination site in HCM City. (Source: VNA) Speaking at a meeting with economic and medical experts last earlier this week, Secretary of the municipal Party Committee Nguyen Van Nen said: “The city is under huge pressure to reopen the economy or it will be too late.” The level of suffering of the economy and people has reached its limit due to prolonged lockdown measures. As such, the city will develop a roadmap for reopening so that it can adapt to and live safety with the virus, he said. The city will gradually narrow down areas with very high risks and try to expand the number of low-risk areas, according to Nen. Vu Thanh Tu Anh, Director of the Fulbright School of Public Policy and Management, said that reopening for economic development and social security has become more urgent than ever as both businesses and people, especially the poor, are struggling due to the lockdowns. “The economic cost is huge if we delay the reopening further,” he noted. He …

[Read more...] about HCM City under pressure to reopen economy: municipal leader

A view of Thu Duc city (Photo: baodautu.vn ) Hanoi (VNA) – Deputy Prime Minister Le Van Thanh on September 19 signed a decision on the general planning task s regarding Thu Duc city in Ho Chi Minh City until 2040 with the goal to develop Thu Duc into one of  the important centres of knowledge economy, science - technology , and finance of HCM City and the country. According to the decision, the scope of direct study for planning covers the entire area within the administrative boundary of Thu Duc with a total area of about 211.56 km2. Meanwhile, the scope of indirect study also includes districts of HCM City and two neighbouring provinces of Dong Nai and Binh Duong. The planning aims to propose development orientations suitable to the structure and development orientation of HCM City in order to meet the goal of becoming one of the important economic, scientific - technological and financial centres of the City and country. The planning is required to meet new …

[Read more...] about General planning tasks for Thu Duc city approved

The proposal is contained in a socio-economic recovery plan that the town is expected to submit to the provincial administration next Tuesday. If the Ba Ria-Vung Tau People's Committee approves the proposal, Vung Tau's gradual reopening process would happen in four phases. In the first phase that will last the end of September, low-risk wards in the town would relax certain restrictions on travel and business operations, like allowing traditional markets to reopen, but only selling essential goods. The second phase, to last for all of October, would allow businesses and families who produce, process and sell food products, food takeaway services and veterinarian and agricultural facilities, among others, to operate between 6 a.m. and 7 p.m. every day. Workers of these establishments must be tested for Covid-19 every three days, and they must pay the testing fees. Workers of those establishments whose entire workforce consists of the town’s residents would be allow to go to work …

[Read more...] about Vung Tau proposes November reopening of beaches

During a reception in Hanoi on September 17 for Cuban Ambassador to Vietnam Orlando Nicolas Hernandez Guillen, Dien wished that Cuba would continue tackling difficulties faced by Vietnamese firms when exporting to and investing in the Caribbean country. He suggested that the Vietnamese Ministry of Industry and Trade (MoIT) and the Cuban Embassy in Vietnam should continue working closely together to bolster bilateral economic, trade and investment ties, so as to match long-standing political relations. Both sides should further strive to help their business communities fully tap the Vietnam – Cuba trade agreement that took effect on April 1, 2020, the first of its kind that Cuba signed with an Asian nation. The host proposed Cuba offer preferential policies to create favorable conditions for foreign enterprises and those from Vietnam in particular to invest in the country. The Ambassador, for his part, emphasized Cuba’s attention to boosting collaboration with Vietnam in …

[Read more...] about Minister suggests support for firms to invest in Cuba