Sub-area 1219 in Krong Bong District, home of ancient fokienia trees, has suffered tree massacres for years. In the latest case, 19 fokienia trees were found chopped into pieces, pulled down to a nearby valley to be brought out of the forest this April. All of the trees belonged to the protection forest. … [Read more...] about Deforestation continues to rage in Vietnam
National newspaper for foreign service
Đà Nẵng kickstarts economy after COVID-19 pandemic
The factory has investment of $170 million in the Đà Nẵng Hi-tech Park to produce aerospace components for export to the EU, Malaysia and North America with projected export value of $25 million by 2021 and $82 million by 2022, according to the Đà Nẵng High-Tech Park and Industrial Zones Authority. … [Read more...] about Đà Nẵng kickstarts economy after COVID-19 pandemic
BUSINESS NEWS HEADLINES MAY 30
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
Vietnamese cinemas remain empty as industry awaits post-pandemic rebound
In an apparent chicken and egg situation, many Vietnamese producers have reportedly postponed the premiere of their summer movies, as they do not want their pictures to hit almost-empty cinema halls only to bring in meager revenues. … [Read more...] about Vietnamese cinemas remain empty as industry awaits post-pandemic rebound
