Foreign investor blocker corporation

Last on this year’s Forbes list was Ho Hung Anh, chairman of Vietnam Technological & Commercial Joint-Stock Bank, or Techcombank. He broke into the list for the second time with a net worth of $1 billion, down $700 million to rank 1,990th in the world. … [Read more...] about Four Vietnamese billionaires make Forbes 2020 rich list

The kit, named Light Power IVASARS-CoV-2 1stRT-rPCR (VA.A02-055H), which uses the WHO-approved RT-PCR (Reverse Transcription Polymerase Chain Reaction) lab technique, is manufactured by the Viet A Corporation. It can be used immediately without any other assistance to increase the accuracy. The devices had been delivered to Professor-Dr. Sri Oemijati of the Laboratory for Infectious Disease Research in Jakarta, Indonesian Ambassador to Vietnam Ibnu Hadi confirmed on April 7. … [Read more...] about Vietnam supplies 500 COVID-19 test kits to Indonesia

Thai Nguyen University of Education has 265 foreign students from Laos, China, Mozambique and Nigeria. As of now 62 students still live at the university's dormitory. The university managers have issued notices and guidance in both Vietnamese and English to help the students through the outbreak. The university can produce hand wash and has bought face masks for the students. The students have their body temperature taken daily and been helped to buy necessities. They also study online and have wifi maintained so they can stay in their room or go to the library. Since the students' movements outside of the dormitory are limited from April 1 to 15, the university held a Lao New Year Festival and an international writing and film making event for the majority of Laotian students. Hanoi National University of Education has 200 foreign students from South Korea, China and Laos. Many students have returned to their countries but 26 remain in Vietnam. The university has helped the … [Read more...] about International students overcome Covid-19 outbreak in Vietnam

The results from the annual Global German Business Confidence Survey were published by the Delegate of the German Industry and Commerce in Vietnam (GIC/AHK Vietnam). GIC/AHK Vietnam distributed the survey among German investors and businesses based in the country from a range of different sectors, including industry-construction, making up 41%, services 50%, and commerce 36% of the total. … [Read more...] about Majority of German firms set to continue with investment plans in Vietnam

The Government needs to reduce the time and cost of customs clearance for businesses so they could access imported raw and auxiliary materials quickly, especially for large enterprises and enterprises in key industries such as electronics, automobiles, textiles, garments, leather and footwear, according to the ministry. … [Read more...] about Solutions should prioritise maintaining industrial production