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However, tough challenges are ahead for the city’s industry and trade sector. They come from the curtailment of industrial production as most of the large production facilities move out of the central city, and limited investment in high-tech industry and weak development of supporting industry. Besides, attracting investments in local industrial parks is not an easy task since industrial land leasing costs in Hanoi are higher than those in localities in the vicinity such as Ha Nam, Hoa Binh and Hung Yen. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

Hanoi (VNA) - The COVID-19 pandemic has been well controlled in Vietnam, but risks of an outbreak are still present, especially with the Tet (Lunar New Year) holiday approaching, leading experts to warn that people need to strictly abide by preventive regulations. Associate professor Tran Dac Phu, senior advisor to the Vietnam Emergency Operations Centre, told Ha Noi Moi (New Hanoi) newspaper that the current risk of infection was mainly due to a lack of strict control of entry and lax quarantining. Each ministry, branch and locality must continue to seriously implement pandemic prevention and control measures, he said, adding that along with the strict control and prevention of illegal entry, local authorities and police need to closely monitor border areas, especially land borders. Along calling on provincial and municipal health departments to strictly implement COVID-19 pandemic prevention and control measures, Minister of Health Nguyen Thanh Long urged … [Read more...] about People urged to continue pandemic prevention to ensure peaceful Tet

One of the largest MLM enterprises in Vietnam, Stella Ivy Cosmetic will continue operations under a new name Stella Ivy Cosmetic Co., Ltd., a distributor of Oriflame-branded products, which used to be one of the four multi-level marketing (MLM) companies with the largest revenue in Vietnam, officially stopped operation after its license expired. Subsequently, it established a new legal entity named Oriflame Vietnam Co., Ltd., operating under the same direct sale model. … [Read more...] about MLM enterprises dodge licencing by setting up new entities

He congratulated Saysomphone Phomvihane on being re-elected as a Politburo member of the LPRP (11th tenure) and expressed his belief that under the leadership of the new Politburo and the LPRP Central Committee, the Lao people will reap even greater achievements in the process of national construction and defence and successfully realise goals and political tasks set by the Resolution of the 11th Congress of the LPRP. … [Read more...] about VIETNAM NEWS JANUARY 20