With regard to business activities during the COVID-19 outbreak, Nguyen Anh Thi, head of the Ho Chi Minh City High-Tech Park Management Board, says the park’s board asked competent authorities to allow local enterprises and the two largest factories, Intel Vietnam and Samsung, to continue to operate without interruption. Whilst the businesses did continue to operate, social distancing measures were put in place to prevent the possible spread of the epidemic. "These businesses are an important link in the global supply chain, whilst electronics and high-tech products play a very important role, especially in the period when the whole world works together against the pandemic. In fact, businesses in the Ho Chi Minh City High-Tech Park have been affected by the epidemic, but the impact is not too heavy," Thi states. … [Read more...] about HCM City set to launch businesses support initiatives
Sets the bar
Radisson Blu Resort Phu Quoc, Vietnam’s first Radisson Bu resort with the Linens for Life programme, and Diversey aim to generate social benefits through their work together on creating a circular resort economy. On the one hand, there will be a clear health benefit, something which is very much in need right now and which will help local pupils in following prevention measures against COVID-19. On the other hand, there will be positive environmental impact through recycling linen and reducing carbon emissions. … [Read more...] about Radisson Blu Resort Phu Quoc donates face masks and soap to give hope to community
Budget collection in 2018 exceeded the estimate, budget spending was closely managed, budget overspending and public debt sharply decreased, thus helping to consolidate the national finance and strengthen the country’s capacity in coping with impacts from outside such as the COVID-19 pandemic, he said. … [Read more...] about Finance Minister clarifies socio-economic, budget issues
Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Mercedes' British driver Lewis Hamilton steers his car during the second practice session at the Austrian Formula One Grand Prix on July 3, 2020 in Spielberg, Austria. Seven months after they last competed in earnest, the Formula One circus will push a post-lockdown ‘re-set’ button to open the 2020 season in Austria on July 5.(LEONHARD FOEGER / POOL / AFP) Three months after the cancelled traditional curtain-raiser in Australia, and six months on from the last race, it was business as usual from the dominant newly-repainted 'black arrows' Mercedes men with Valtteri Bottas completing a familiar one-two as the sport re-ignited after its longest off-season. … [Read more...] about Hamilton on top in Austria as Mercedes survive protest