Statistics of the Ministry of Planning and Investment showed that as of March, 335 IZs were founded with a total area of 97,800 hectares, 206 of which were operational with a total area of 68,700 hectares. The average occupancy rate was 75.6 per cent. – VNS … [Read more...] about IZs development needs planning to attract FDI
Investment operations associate
Agreeing with Thanh on putting citizens at the forefront of building smart cities, Dang Vu Tuan, deputy director of Hanoi’s Department of Information and Communications said, “The ultimate target of smart cities is to provide people with the best services. By bringing together infrastructure and technologies, smart cities help to improve the quality of citizens’ lives and enhance their interactions with the urban environment. Hanoi wishes to create such a city.” … [Read more...] about Big expectations for Vietnam in sustainable smart city development
Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Fitch Solution expected that the more amenable approach the government is taking to the wind sector when compared to the solar sector is because growth to date has been at a more manageable pace for the system to cope with, given that the development or wind projects are typically longer and more complicated. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions
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