He added that a comprehensive plan was issued throughout the company’s system in the time of social distancing from April 1 to 15, in which all requirements of the government will be fully obeyed. “The responsibility to implement this plan was assigned for every team leader of the five factories to ensure that the highest standards of safety will be observed across our system,” Thanh said. … [Read more...] about Maintaining business stability a top task for foreign investors
Foreign investors council
In a time when the whole world is very volatile, including global financial markets, the continued disbursement of this international syndicated loan by international commercial banks demonstrated their strong confidence in Vietnam’s market and real estate sector, and Novaland in particular. More encouragingly, the group of foreign banks participating this time includes a number of banks which have either never invested or invested a modest amount in Vietnam or Novaland. … [Read more...] about Novaland attractive to foreign investors, why?
Positive developments in containing COVID-19 pandemic and the improvement of global stock markets are expected to support the market’s recovery. However, the Vietnamese stock market was still oppressed by prolonged foreign selling, the company said. — VNS … [Read more...] about Shares recede on worries of foreign selloffs
Hanoi (VNA) - Foreign Ministers of the Association of Southeast Asian Nations (ASEAN) on April 9 agreed to form a COVID-19 response fund to collectively fight against the disease, according to a statement released after the 25th ASEAN Coordinating Council Meeting on COVID-19 via video conference. "The Ministers agreed to establish the COVID-19 ASEAN Response Fund with the objective of mobilising financial resources to address the shortage of medical supplies, support the research and development of medicines and vaccines for COVID-19, and prepare for emergency responses in the future," said the statement. ASEAN members also expressed their commitment to ensure the regional supply chains and open markets as well as work closely together to mitigate the impacts of the regional and global economic recession, restore the confidence of consumers and business community, and maintain socio-economic stability, it added. The statement said the ministers also expressed strong commitment … [Read more...] about ASEAN foreign ministers agree to set up COVID-19 response fund
However, the draft law is the first piece of specific legislation that will govern the PPP sector and deflects from the Civil Code which exists at present and may be construed to form the roots of Vietnamese laws in civil relations. Such deflection under the draft law has raised concerns among investors and it may restrict lending options since the lenders prefer to choose more advanced and stable laws that have dealt with related concerns for the past several years and have evolved with time. … [Read more...] about Invigorating investors with PPP draft