Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc chaired a national teleconference between the Government and localities on April 10 to discuss solutions for tackling the COVID-19 pandemic. The meeting looked at ways to address the difficulties facing production and business activities, accelerate the disbursement of public investment capital, support employees, and ensure social security along with guaranteeing social order and safety. In his opening remarks, PM Phuc said the COVID-19 pandemic has caused considerable consequences around the world, and leaders of the Party, the State, the Government, and the whole political system have been taking drastic actions to fight the disease and seen encouraging results. He noted that Party General Secretary and President Nguyen Phu Trong had called for the people’s solidarity in both thought and deed so as to overcome the pandemic. Under the Government’s Directives No. 15 and 16, ministries, sectors, and localities have been … [Read more...] about Government, localities seek ways to mitigate effects of COVID-19
Uae non oil sector growth
Giant plays a larger game Total first set foot in Vietnam in 1990. However, contrary to the expected large-scale investment befitting one of the world’s leading oil and gas corporations, Total has been taking measured steps in Vietnam so far. Initially, Total established Total Marketing & Services Vietnam with its main activities in the field of LPG, lubricants, and petroleum. … [Read more...] about Total proposes billion-dollar project in Vietnam
Minister of Finance Dinh Tien Dung said if GDP growth is 5.3 percent, and oil prices average $35 per barrel, the government’s revenues could fall by VND110 trillion ($4.7 billion) this year and the fiscal deficit as a ratio of GDP could increase by 1.5-1.6 percentage points from 3.4 percent last year. … [Read more...] about PM promises strong measures to revive economy after pandemic
Not only that, but many of the destinations loved by their passengers are not missing the cruise liners very much, if at all. As Prof Sheela Agarwal, from Plymouth University's department of tourism and hospitality, puts it: "No one is willing to bail them out because of their tax avoidance, but also because of the negative impacts they have at their destinations... they contribute very little to the local economy." … [Read more...] about Will we ever take cruise holidays again?
US President Donald Trump said he spoke on Thursday both to Saudi Arabia's crown prince, Mohammed bin Salman, and Russian President Vladimir Putin and thought they were near a deal to end an oil price war that has thrown further uncertainties into the global economy. — AFP … [Read more...] about EU strikes rescue deal as hopes rise of virus easing