This bond is the first IFC Covid-19 response project in Vietnam. It comes under the Real Sector Crisis Response Facility, which will provide US$2 billion globally to IFC’s existing clients in the healthcare, infrastructure, manufacturing, agriculture and service industries to cope with the pandemic. … [Read more...] about IFC offers Phu My Hung US$75 million to help business recover after Covid-19
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Earlier this year, the Ministry of Planning and Investment (MPI) built plans to boost Vietnam’s FDI appeal in 2020 to mitigate the impacts of the pandemic. According to statistics by the ministry’s Foreign Investment Agency, in the first half of the year, the total registered FDI reached $15.67 billion, down 15.1 per cent on-year. However, added capital in existing projects hit $3.7 billion, up 26.8 per cent. … [Read more...] about New large-scale ventures promise more to follow
A report shows that from now to 2025, HCM City will need 12,400-13,200 workers in the healthcare sector a year, 52,700-56,100 workers in technical consultancy, and 12,400-13,200 workers in architecture and construction engineering. Meanwhile, the demand in nine business and service fields account for 55 percent, and the remaining 24 percent belongs to biotechnology, architecture – construction engineering, textile & garment – footwear, fashion design, communication technology, agricultural technology and seafood processing … [Read more...] about Vietnam’s labor market: opportunities as well as challenges
Trần Văn Đức, head of the hospital’s IT department, said it had to install IT infrastructure to the highest level mandated by the Ministry of Health's Information Technology Department and its own tailored software, making it easier to connect with banks and payment service providers. … [Read more...] about HCM City hospitals switch increasingly to cashless payment
According to Charles Oppenheim, Chief of the Visa Control and Reporting Division, U.S. Department of State, with significant number of unused family-based visas in FY2020, more than 14,200 EB-5 visas will be available for distribution in 2021. The Department of State treats Hong Kong (and Macau and Taiwan) as a separate foreign territory from mainland China for the purposes of immigration visa quotas. Thus, foreign nationals who are born in Hong Kong are not charged under the mainland China visa categories. … [Read more...] about CanAm: More Hong Kong residents favoring EB-5 visa to immigrate to the U.S.