HCM City under pressure to reopen economy: municipal leader Residents at a vaccination site in HCM City. Ho Chi Minh City is committed to enforcing vigilant pandemic prevention measures when it reopens the economy after months of strict lockdown measures, said a city leader. Speaking at a meeting with economic and medical experts last earlier this week, Secretary of the municipal Party Committee Nguyen Van Nen said: “The city is under huge pressure to reopen the economy or it will be too late.” The level of suffering of the economy and people has reached its limit due to prolonged lockdown measures. As such, the city will develop a roadmap for reopening so that it can adapt to and live safety with the virus, he said. The city will gradually narrow down areas with very high risks and try to expand the number of low-risk areas, according to Nen. Vu Thanh Tu Anh, Director of the Fulbright School of Public Policy and Management, said that reopening for economic …
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VIETNAM NEWS HEADLINES SEPTEMBER 18
Vietnam to attend ASEM Cultural Festival 2021 Vietnam and 10 other countries have signed up to participate in the ASEM Cultural Festival (#ASEMfest), a side event of the 13th Asia-Europe Meeting (ASEM) to be hosted by Cambodia in November. The ASEM Cultural Festival 2021 is scheduled to get underway between November 22 and 26. This international cultural event will be held virtually with the main activities such as performing arts, and the screening of feature films and documentaries, as well as the exhibition which would be held in hybrid format at the National Museum of Cambodia. The festival aims to explore the cultural diversity and promote the exchange, cooperation and artistic creation between the cultures of both regions, contributing to enhancing cooperation and development between the ASEM partner countries. Joining as a founding member of ASEM in 1996 marked an important step in the implementation of Việt Nam's policy of open foreign policy, multilateralisation and …
Thailand strengthens incentives to attract foreigners
Illustrative image (Photo: Reuters) Bangkok (VNA) - The Thai Customs Department is preparing to reduce import duty on alcoholic beverages and cigars by 50 percent for five years in line with the government's economic stimulus and investment promotion package. The cuts are in accordance with the September 14 cabinet resolution involving plans to revive the post-COVID-19 economy by encouraging wealthy foreigners and highly skilled professionals to stay and work in the country, the Bangkok Post quoted Patchara Anuntasilpa, director-general of the department, as saying The programme is hoped to attract more than 1 million qualified people to Thailand over the next five years and generated around 1 trillion baht (30 billion USD) during the period. Cuts in import duties will be part of the mix. Thailand estimates that the group is expected to spend on average 1 million baht (nearly 30,000 USD) per person per year while living and working in the country. Benefits in the …
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