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Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media

Masterise Homes brings the customer-centric philosophy to Hanoi A project which establishes the standard for luxury real estate on an international scale A real estate project must be able to meet many different criteria in order to be considered as high-end. Nguyen Hoai An, director of CBRE Hanoi said, “High-end real estate needs to serve all aspects of customers’ needs. And today’s customers demand not only an appealing design but also unique amenities and a premium service.” … [Read more...] about Masterise Homes brings the customer-centric philosophy to Hanoi

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

As an industry leader, Carrier has consolidated its role in enhancing building health to promote personal health, especially during the hard times of the COVID-19 crisis. The ongoing pandemic is a strong reminder that the lockdown has changed the way people and communities live, work, and interact, and it is necessary to make the built environment more resilient. To address this issue, Carrier has introduced its Healthy Buildings Programme, an expanded suite of advanced solutions to help deliver healthy, safe, efficient, and productive indoor environments across key verticals including commercial, healthcare, hospitality, education, retail, and marine buildings. … [Read more...] about Carrier Global redoubles efforts to deliver safety and sustainability amid pandemic

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