To support tour operators overcome the hardships caused by the pandemic, the Ministry of Finance introduced a new regulation reducing the fees of appraisal for licensing travel businesses and for issuing accreditation cards to tour guides by 50% from January 1, 2021. … [Read more...] about Withdrawal of tour operators’ licenses surges in 2020
Security operations center roles and responsibilities
Quang Binh asked to improve business environment to lure more investors
Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors
Ultra-luxury residences hit Vietnam
According to Savills World Research 2019, there are more than 420 branded residence schemes globally. Marriott International is the world’s biggest player in the branded residences sector. With 100 branded residences across 25 countries, Marriott International brands represent one in every four operational projects globally. The company leverages 15 of its 30 leading brands for branded residential projects, with Marriott, JW Marriott, Ritz-Carlton, St. Regis and W accounting for nearly 70 per cent of today’s operational developments. … [Read more...] about Ultra-luxury residences hit Vietnam
Co-working space expects huge rise in demand
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 buses keep losing passengers
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