Foreign investors, meanwhile, seem unfazed by developments on the market, scooping up a net of VND117 billion worth of Vietnamese stocks in the morning session, picking up mostly VRE of mall operator Vincom Retail and VHM of Vinhomes, both of which are close to their floor prices as of 11:30 a.m. … [Read more...] about VN-Index plummets over 74 points
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Draft amendments to e-commerce activities law discussed
Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary. … [Read more...] about Draft amendments to e-commerce activities law discussed
New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
However, with efforts to control the pandemic throughout the year, the retail market in Viet Nam regained its momentum, through the openings of two retail projects in Q4, namely the International Centre (renovated) and Vincom Mega Mall Ocean Park, adding 41,000 sq.m to Ha Noi’s retail supply. … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
Vietnam targets to send 90,000 labourers abroad in 2021
Hanoi (VNA) – Vietnam hopes to send 90,000 guest workers abroad in 2021, targeting markets that secure high and stable incomes, according to the Overseas Labour Management Department under the Ministry of Labour, Invalids and Social Affairs. Last year, more than 78,600 workers were sent abroad, accounting for 112.3 percent of the adjusted plan due to COVID-19. Of the total, 38,891 worked in Japan, 34,537 in China’s Taiwan, and 1,309 in the Republic of Korea, and the rest in other countries and territories. Last year, the country aimed to send 130,000 labourers to work abroad. Due to the pandemic, the target was adjusted down to 70,000 workers. The COVID-19 pandemic has delivered a major blow to many countries and territories in the region and the world, including traditional markets receiving Vietnam’s migrant workers. Various firms had to restructure, cut down the number of migrant workers or cancel request to send more workers abroad./. … [Read more...] about Vietnam targets to send 90,000 labourers abroad in 2021
Vaccine nationalism puts world on brink of ‘catastrophic moral failure’: WHO chief
Observers say this board meeting, which last until next Tuesday, is one of the most important in the U.N. health agency’s more than 70-year history and could shape its role in global health long after the pandemic ends. … [Read more...] about Vaccine nationalism puts world on brink of ‘catastrophic moral failure’: WHO chief