According to Nguyen Trung Khanh, head of the Vietnam National Administration of Tourism, the local tourism industry served 43.5 million domestic tourists in the 10-month period, falling as much as 41% against the same period last year. The sharp decline in international and domestic tourist arrivals has forced a large number of firms in the field to suspend their businesses and put millions of employees out of work. … [Read more...] about Pandemic-triggered wave of tourism unemployment yet to end
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Specifically, VPBank has just announced the business loan package with interest rates from 5.99 percent per annum, applicable from now until December 31 this year for individual customers, groups of individuals, and households. Accordingly, the loan limit of the support package is up to VND20 billion for each customer. The loan limit is up to 75 percent if using a new car as a mortgage or 70 percent if using real estate as a mortgage. The maximum loan term is 24 months for the loan by limit or 180 months for the one-time loan. Similarly, MBBank is also applying interest rates for business loans from 6.8 percent per annum, with a limit of 80 percent of capital needs for a maximum period of 180 months. For each specific loan package, there will be a corresponding interest rate. Not only joint-stock commercial banks but State-owned banks like Agribank have also announced its fourth interest rate reduction this year, with an additional cut of 0.3 percent per annum from October 1 this … [Read more...] about Banks cut lending interest rates
Rents in non-CBD locations also recorded a drop of 1.5 per cent y-o-y and 0.78 per cent q-o-q, averaging US$24.53/sq.m/month, down 1.5 per cent y-o-y and 0.78 per cent q-o-q. Vacancy rates remained at a high level and tended to increase, reaching 11.15 per cent, up 1.37 ppts q-o-q and 2.93 ppts y-o-y. … [Read more...] about Ha Noi market has lower new condo supply but higher sold units in Q3
NTN Vlogs and Hung Vlog are just a very small part of the big community of content producers who are making money for YouTube every day. This has promptef content producers to make videos with unhealthy content. In return, MCN acts as a ‘protector’ which makes them feel secure and protected about the content they create. … [Read more...] about Why does YouTube tolerate ‘unhealthy’ videos?
It was cautiousness that helped Vietnam avoid risks. The global mobile sattellite technology failed. Meanwhile, GSM was successfully commercialized and began developing rapidly all over the globe when the prices of network equipment and terminals decreased rapidly. In late 1993 and early 1994, GSM was available in HCM City with Ericsson as the partner. … [Read more...] about Vietnam’s 2G decision paved way for digital growth