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Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focus on supporting business recovery, market expansion

Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focuses on supporting business recovery, market expansion

Hanoi (VNA) – Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and are expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts. Director of Savills Hanoi Matthew Powell said co-working spaces that provide flexibility for various kinds of businesses will develop, explaining it is sparked by the outbreak as well as demand for communication and exchange within the firms. Meanwhile, structural changes in the retail sales sector have added a certain number of spaces for the office market, he said, flexible office models could branch out in tandem with the retail sales market since they revolve around shared amenities such as public transport, parking lots, restaurants, and entertainment. Shared office space is normally operated under month-to-month leasing contract. However, the market saw strong surge in demand for this kind of office, and most of which … [Read more...] about Co-working space expects huge rise in demand

Hanoi (VNA) – The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year. According to Nguyen Quoc Dung, head of the EVN Business Department, the application of payment through QR-code is part of the firm’s efforts to realise the Prime Minister’s direction regarding the building of a cashless society. In order to make it easier for customers during the payment process, the EVN will provide each of them with a QR-code to use for all transactions with the EVN. The new payment method is also expected to help the EVN increase its labour productivity as well as internal management efficiency./. … [Read more...] about EVN to allow QR-code payment from September

Nam said the company is struggling due to market slump. In 2020, Hanoi bus had to cut 80 percent of the trips from March 22 and stop operating from April 1 to April 22. It had no income during the said period yet still had to pay for the operating cost and other expenses. … [Read more...] about Hanoi buses keep losing passengers