Vietnam indonesia news

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

It will take growth quality as the foundation to shift to exports of services and intangible goods such as software and digital content, encourage links between the country's various regions to increase exports to markets with which Viet Nam has free trade agreements, improve the competitiveness of export items by capitalising on the city’s comparative advantages, join global value chains, and increase links between businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

The German Development Ministry (BMZ) is supporting over two million workers in textile factories in seven nations, including Viet Nam, as part of its Emergency COVID-19 Support Program. The project is being implemented in Bangladesh, Indonesia, Cambodia, Laos, Viet Nam, Ethiopia and Madagascar. In consultation with the German Labor Ministry, the International Labor Organization (ILO) would be mandated to stabilize the economically important textiles sector in seven countries that have been particularly affected by the coronavirus pandemic and to implement measures aimed at offering employees better protection against COVID-19 infection. The German Government will provide EUR14.5 million to help two million people. For example, young mothers and workers particularly at risk of falling into poverty will receive one-off support payments. The project also aims to build up testing capacities in order to protect workers' health. With these measures, the sponsor is expected to … [Read more...] about Germany supports textile workers in Vietnam affected by COVID-19

After arriving at Tan Son Nhat airport in Ho Chi Minh City on Flight VN28 from Ukraine on September 1, they were put under quarantine in the southern province of Ba Ria – Vung Tau. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia September 10

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11