Lower volume of inward remittance to Vietnam in 2020 was mainly due to impacts of COVID-19 which is plaguing countries around the world, particularly those which accommodate big volumes of Vietnamese guest workers under long-term contracts. This cash flow, however, is expected to bounce back in the following years after the pandemic impacts are lessened thanks to vaccine advances. … [Read more...] about Prospects remain bright over dented remittance inflows
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Moreover, the OneVinmec application deployed since May 2020 is expected to provide a wide range of medical solutions for customers. Meanwhile, personal movement tracking devices such as the Vantix band would help to raise labour productivity at Vinpearl by 15-25 per cent. … [Read more...] about What’s next for Vingroup? What is One Mount Group?
“The fight against inequality must be at the heart of economic rescue and recovery efforts. Governments must ensure everyone has access to a COVID-19 vaccine and financial support if they lose their job. They must invest in public services and low carbon sectors to create millions of new jobs and ensure everyone has access to a decent education, health, and social care, and they must ensure the richest individuals and corporations contribute their fair share of tax to pay for it," she said . “These measures must not be band-aid solutions for desperate times but a ‘new normal’ in economies that work for the benefit of all people.” … [Read more...] about Wealth inequaity increases after COVID-19
Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard in HCM City last week. Tran Phu Lu, deputy director of the Investment and Trade Promotion Centre of HCM City (ITPC), said the US is Viet Nam’s largest export market and major items include seafood, textiles, footwear, and farm produce. … [Read more...] about Vietnamese firms told to be ready for legal challenges when exporting to US