There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8
Million day 8 3 2019
Death, life sentences handed to 5 meth traders in Vietnam
Two people were sentenced to death while three others were condemned to life in prison by a court in the north-central Vietnamese province of Nghe An on Monday for trading large amounts of crystal meth in late 2019. … [Read more...] about Death, life sentences handed to 5 meth traders in Vietnam
AIPA committed to spearhead the region’s COVID-19 efforts
Through AIPA, member parliaments can establish cooperation mechanisms to enable sharing of best practices in fighting the COVID-19 virus with fellow AIPA member states. This will greatly enhance the crafting of common legislation which will strengthen the overall capacity of ASEAN region nations to combat the COVID-19 contagion. Medical data sharing among regional neighbour countries, on the viral transmission behaviour patterns and effective counter-measures, also help in the formulation and refinement of anti Covid-19 programs and policies being implemented. Through these, AIPA provides a ray of hope, survival and recovery by leading the way towards a cohesive and responsive ASEAN region, in this very trying time of near apocalyptic health threats to our very existence in this world. … [Read more...] about AIPA committed to spearhead the region’s COVID-19 efforts
Delayed salary payouts have the Covid-19 unemployed in a fix
Four days after the company shut down, the finance director sent a letter to tell employees "maybe the South Korean side would be stable, so April’s salaries could be paid." … [Read more...] about Delayed salary payouts have the Covid-19 unemployed in a fix
Mergers between behemoths to revive paralysed tourism market
Mergers between behemoths to revive paralysed tourism market The pandemic has disrupted numerous travel plans worldwide, resulting in weaker hotel performances across the country. As such, average revenue per available room in the first half of 2020 went down significantly by 56 and 64 per cent for Hanoi and Ho Chi Minh City, respectively. … [Read more...] about Mergers between behemoths to revive paralysed tourism market
