Tokyo (VNA) - Vietnam is a potential and emerging market, with low risks, good economy and stable politics, Eto Shinji, General Manager of Japanese building product distributor JUTEC Corporation’s Overseas Business Department, has said. “That's why we decided to go there. That was in 2015,” he noted in an interview granted to the Vietnam News Agency’s correspondent in Tokyo recently. According to him, at first, his company tried to sell Japanese building materials in the Vietnamese market. But unfortunately, the way of building houses in Vietnam is totally different from Japan’s one, and thus, building materials used in Vietnam are totally different from those used in Japan. “We had tried to sell our products to those who have special technical knowledge of Japan, but it was not easy. As a result, we changed our mindset to adapt to the market and then, decided to enter its real estate market because we thought that there is a close link between … [Read more...] about Vietnam hailed for good economy, stable politics: Japanese business executive
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– Vietnam’s countryside has got a facelift after the decade-long implementation of the new-style rural area building programme. But the next phase will face more difficulties as communes yet to earn the status need exclusive support policies to fulfill the new-style rural goals.countryside has seen considerable socio-economic progress with improved production organisation and living standard of the locals. With more transparent investment mechanisms, resources for new-style rural building have been mobilised and used efficiently. … [Read more...] about Special policies vital for remote communes in new-style rural building
The Hanoi Department of Labor, War Invalids and Social Affairs has requested district People's Committees to screen 1.477 million employees eligible to receive the aids, of them 840,000 are people without labor contracts and have lost their jobs. Currently, the districts keep identifying the beneficiaries in accordance with the process and procedures. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 29
The size of the DPPA program is expected to range 400-1000MW, and will be available for wind and solar producers with a capacity greater than 30MW and consumers in industrial manufacturing purchasing electricity at a voltage level of 22 kV or larger. Fitch Solutions believed these developments will encourage further growth and investment in the sector. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions
Saebel: Local tourism can certainly offer a certain supply of customers; however, with the massive hotel expansion which we have experienced over the last few years, it is impossible to fill rooms in a profitable way. We certainly see reluctance in F&B sectors, with once crowded restaurants currently sparsely occupied. During times of emergency, people tend to lean toward frugality and the luxury of a hotel stay becomes an unnecessary expense. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?