Covid-19 reshapes travel trend The travel trend among tourists has changed significantly, with a heightened level of travel safety and more sustainable travel offerings emerging as a top priority as well as evolving preferences over where and with whom people travel, … [Read more...] about Vietnam’s tourism industry loses $23 billion because of Covid-19
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This event is of both importance and practical significance due to it being the first international meeting hosted by Vietnam within the framework of the UNSC since its first term, from 2008 to 2009. Hosting the occasion shows the Vietnamese side’s great contribution as well as the close co-ordination among E10 members in a bid to improve the operational efficiency of the UNSC in maintaining international peace and security. … [Read more...] about Vietnam hosts virtual UNSC meeting of E10-I5 members
Given rising demand for safe shelter amid the global health crisis, international real estate service providers have pointed out some key trends of Vietnam’s real estate market in 2020 with an aim to help investors have an overview of the sector that normally ranks high in the list of industries receiving foreign capital inflows. … [Read more...] about Industrial property continues dominating Vietnam’s 2020 real estate sector
Noted advantages such as a relatively efficient and stable governing structure, regulatory and some cultural familiarity for companies accustomed to doing business in China, highly competitive labor costs, business-friendly tax profile along with generous incentives, and proximity to pre-existing Asian supply chains all recommended Vietnam for foreign investors. These advantages have coupled with significant developments this year to further strengthen Vietnam’s competitive allure for FDI, especially for US business.” … [Read more...] about How US investors’ positive sentiment towards Vietnam grows stronger?
The current FiTs are as follows: (1) Grid connected and rooftop solar - 9.35 US cents/KWh assuming the project achieves the commercial operations date (COD) before June 30, 2019 or December 31, 2020 for Ninh Thuan province; (2) Onshore wind - 8.5 US cents/kWh assuming the project achieves the COD before November 1, 2021; (3) Offshore wind - 9.8 US cents/kWh assuming the project achieves the COD before November 1, 2021; (4) Biomass 5.8 US cents/kWh; (5) Waste-to-energy - 10.05 US cents/kWh; (6) Landfill gas - 7.28 US cents/kWh. … [Read more...] about Vietnam’s renewable energy: Key guidance to investors