Economists say that Vietnam spends less money than other countries because of its limited resources. There should be support packages strong enough to help businesses, which are on the verge of bankruptcy, to maintain their production, thus helping minimize labor layoff. As for the monetary and credit packages (debt payment extension, debt freezing, interest rate cut), only 50 percent has been implemented. … [Read more...] about Daring proposal: pumping US$2.5-5 billion to save Vietnamese businesses
Vietnam’s IT employees expect to work on solutions to crises similar to Covid-19
“High EQ is now the gold standard for leaders through this potentially stressful period. We recommend investing time in deep listening combined with the ability to minimize quick judgment and refraining from providing only advice. Promote a culture of compassion and caring will help keep your people motivated, engaged and productive,” he said. Hanoitimes … [Read more...] about Vietnam’s IT employees expect to work on solutions to crises similar to Covid-19
Vietnam expects imminent new wave of foreign investment
Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment
Hospital and residential area lockdown lifted in Da Nang
The province said tourists must fill in a health declaration, vehicle declaration and purpose of travel for approval by local authorities. However, it said all people returning from COVID-19 hotspots in Đà Nẵng, Quảng Nam and Quảng Ngãi must be isolated for 14 days before entering the city. … [Read more...] about Hospital and residential area lockdown lifted in Da Nang
Tech donations for the community
Ma Yunhui (R), deputy general director of Huawei Vietnam, donates teleconferencing equipment to the Central Hospital for Tropical Diseases For a tech giant like Huawei, business sustainability goes hand in hand with community development. Soon after setting its foothold in the Vietnamese market, the local subsidiary of the Chinese corporation has launched numerous community programs to implement its corporate social responsibility (CSR) mission, the latest of which being its involvement in the fight against Covid-19. … [Read more...] about Tech donations for the community
