In addition, the Government cautiously recommended the NA consider and adopt the guideline on several specific mechanisms and policies to revive the economy in the new situation. Accordingly, the Government asked for the NA’s permission to proactively adjust the 2020 public investment plans among ministries, sectors and localities within the expenditure estimate on development investment; convert the investment mode for important transport projects from that of a public-private partnership to the use of the state budget; exempt and reduce a number of tax obligations concerning the areas and subjects suffering heavy losses due to COVID-19; postpone the increase of basic salary for civil servants, public employees and the armed forces and pensions from July 1, 2020; and consider launching new economic stimulus packages if the pandemic continues to be prolonged on a global scale. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30
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Contact tracing was also successfully implemented with technology. A mobile app called NCOVI was developed by Vietnam’s Ministry of Information and Communications (MIC). This lets the public update their health status daily. It also shares ‘hotspots’ of new cases and gives its user ‘best practices’ for staying healthy. … [Read more...] about Four key measures help Vietnam control coronavirus
Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Coocaa joined Vietnamese market at the end of 2018, selling 5 smart TV models' on Lazada including 55S5G, 50S5G, 40S5G, 40S5C and 32S5C, and set the first record for top best-selling products on this e-commerce platform. Coocaa got No.1 in sales on Lazada of 12.12 shopping festival in 2019. … [Read more...] about Coocaa S6G TV breaks e-commerce live streaming record on Lazada Vietnam with 1000 in sales
Launched in December 2018, VinSmart has introduced 12 smart phone models. Their sale revenue increased from the beginning of this year, with a growth rate of 260 per cent. There are nearly 200,000 Vsmart phones sold on average each month. The brand therefore was honoured in the Top 3 best selling mobile phones in the country, accounting for 16.7 per cent market share in April. This is also one of the fastest growing phone companies in Viet Nam. … [Read more...] about More than 1.2 million Vsmart mobilephones sold