Tourists visit Halong City in Quang Ninh Province. The revocation of business licenses of tour operators in 2020 tripled that of 2019 – PHOTO: DAO LOAN HCMC – Due to the impact of the coronavirus pandemic, the revocation of business licenses of tour operators in 2020 tripled that of 2019, while the number of new licenses for travel firms was equivalent to only 30% of the figure seen in 2019. … [Read more...] about Withdrawal of tour operators’ licenses surges in 2020
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Ultra-luxury residences hit Vietnam
While branded residences generally attract a price premium compared to a non-branded property, the value and benefits that owners enjoy often outweighs it. Wealthy individuals are also attracted to the trophy status of a branded residential product as it provides the kudos of being associated with the internationally recognised brand. Their appeal makes branded residences a community of like-minded individuals with common values and share a similar level of affluence. Their limited supply also means they are more exclusive – a value highly appreciated by the affluent elites. … [Read more...] about Ultra-luxury residences hit Vietnam
Carrier Global redoubles efforts to deliver safety and sustainability amid pandemic
In addition to Carrier’s comprehensive HVAC, fire, security, and controls product offering, Carrier’s Healthy Buildings offering includes innovative solutions. Its filtration technologies, available in new equipment and for retrofits, include various MERV filters, HEPA filters for particulate matter, and the Infinity electrostatic filters for airborne pathogens. Carrier also offers devices using UVC light, which are intended to target viruses, and UV photocatalytic oxidation to help remove volatile organic compounds and improve IAQ. … [Read more...] about Carrier Global redoubles efforts to deliver safety and sustainability amid pandemic
Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Cyber incidents may have slipped to #3 globally, in Asia Pacific it ranks #1 for the second consecutive year. Elsewhere in the world, it still ranks as a top three risk in many countries, including Brazil, France, Germany, India, Italy, Japan, South Africa, Spain, UK and the US. The acceleration towards greater digitalization and remote working driven by the pandemic is also further intensifying IT vulnerabilities. At the peak of the first wave of lockdowns in April 2020, the FBI reported a 300% increase in incidents alone, while cyber crime is now estimated to cost the global economy over $1trn, up 50% from two years ago. Already high in frequency, ransomware incidents are becoming more damaging, increasingly targeting large companies with sophisticated attacks and hefty extortion demands, as highlighted in the recent AGCS cyber risk trends report. … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Vietnamese diplomat stresses importance of UN’s cooperation with Arab League
New York (VNA) – The situation in the Arab region underscores the importance of cooperation between the United Nations and regional organisations, including the Arab League (AL), Chargé d'Affaires of the Vietnamese mission to the UN Ambassador Pham Hai Anh told the UN Security Council on January 18. Addressing the council briefing on cooperation with the Arab League, Anh described the establishment of the UN Liaison Office as a great example of a new level of cooperation. The UN’s cooperation with regional entities should aim to uphold the purposes and principles of its Charter, especially respect for independence, sovereignty, territorial integrity and non-interference, he emphasised. Reiterating the need for the UN Security Council and the Arab League to strengthen their cooperation, he expressed support for further engagement by United Nations special representatives in that regard. Vietnam continues backing the justice struggle of Palestinian people, as … [Read more...] about Vietnamese diplomat stresses importance of UN’s cooperation with Arab League