South korea package

The lifting of restrictions coincides with a dramatic increase in infections and deaths due to the pandemic within the Chinese borders. In fact, official data showed infections last December to be the highest ever recorded for China since the start of the pandemic. Despite this, the World Health Organization thinks the risk of a new pandemic wave globally is minor, as the current COVID-19 variant in China apparently is a subtype of Omicron, for which most vaccines should be effective. Dr. Daniel Borer, Interim program manager of Global Business, RMIT Australia and Dr. Nuno F. Ribeiro, senior lecturer of Tourism and Hospitality, RMIT Vietnam Still, other experts warn that the virus could easily mutate within China into new variants, given that mass infections are expected to occur due to the massive travelling of the upcoming holidays. Currently, there is a lack of accurate and transparent data in China regarding infections and fatalities, making it unclear how dangerous … [Read more...] about Vietnam should act now to avoid pandemic resurgence

The RCEP accounts for over a quarter of global exports, photo Le Toan On January 2, the Regional Comprehensive Economic Partnership (RCEP) took effect for Indonesia. The preferential tariffs under the deal can now be used by the private sector who are exporting to and/or importing from Indonesia, according to the ASEAN Secretariat. In a release issued by the Indonesian Ministry of Trade, Minister Zulkifli Hasan said that the RCEP is expected to increase competitiveness and strengthen global production network, promote regional supply chain through better market access for exports of goods and services, reduce or eliminate trade barriers, and enhance transfer of technology. “The entry into force of the RCEP is timely to mark the beginning of Indonesia’s ASEAN Chairmanship in 2023. Indonesia has been the driving force in the deal since the conceptualisation phase, and we hope more milestones, such as the establishment of the RCEP Support Unit, can be achieved during Indonesia’s … [Read more...] about RCEP boosting like-minded vision among bloc members

The rejuvenation of nation’s tourism Oliver Horn - General manager InterContinental Long Beach Phu Quoc “We’ve focused across all of our services and outlets” In recent years, the domestic market has been playing an increasingly important role, giving us the incentive to sharpen our services to fit local travel expectations, while conveying our legacy of refined elegance and worldly travel. When looked at regionally, the picture is of an industry close to full recovery, and we are pleased to welcome lots of guests from Asian countries, especially South Korea, Australia, Singapore, and India – one of the fastest emerging markets throughout 2022. From early this year, the demand from the US and Europe, particularly Britain and Germany, has surged, and we are confident that it will soon return to pre-pandemic levels. Vietnam has been long renowned as the haven of diverse culinary themes, from tempting street food to traditional dishes from each province. … [Read more...] about The rejuvenation of nation’s tourism

Venus Teoh (left), SABECO’s deputy general director for marketing, received the Inspirational Brand award Shares in SABECO have been a winner in recent times. On the local stock market, SABECO (code SAB) shares in the first week of 2023 saw three consecutive rises, reaching a high of VND183,500 ($7.90). The brewer attained bright financial prospects for 2022 thanks to the recovery of socioeconomic activities. Although it targeted $1.5 billion in net revenues and $200 million in after-tax profit for the year, a respective increase of 32 and 17 per cent on-year, SABECO accomplished 96.6 per cent of its profit goal in the first nine months alone. SABECO was one of the few firms in the Vietnamese stock exchange system to retain annual dividends last year due to its potential in the consumer sector, annual cash flows, and sizable cash reserves. In particular, the business paid a dividend of 35 per cent in both 2019 and 2020, and a similar payment was attained for 2021. Last year, … [Read more...] about SABECO thriving on 2022 results