Although European investors approach development opportunities in Asia more slowly than the US and other countries in the region, they recently realised that Southeast Asia, the only region with 5 - 6 per cent growth (before the COVID-19 pandemic), gives them huge benefits. … [Read more...] about Vietnamese economy tipped to bounce back in 2021
Digital transformation review
Australian Open to plough ahead despite players’ quarantine anger
MELBOURNE -- Australian Open tournament director Craig Tiley has confirmed the year’s first Grand Slam will go ahead from Feb. 8 despite anger from players forced into hard quarantine in Melbourne due to positive COVID-19 cases on their charter planes. … [Read more...] about Australian Open to plough ahead despite players’ quarantine anger
Private sector development to enhance FDI efficiency
Supporting industries have not yet caught up with the growth and demand of FDI; the protection of the environment from the impact of investment and production activities by FDI enterprises is still under threat and faces insecurity; national defense, economic security and social order are facing negative foreign investment activities; hi-tech attraction is not yet successful; cooperation and alliance between local and FDI enterprises are not close, and possibly non-existent, so to say; and the legal system and policies for investment, business, land and construction are asynchronous and constantly amended and supplemented, eroding the competitiveness of the investment environment. … [Read more...] about Private sector development to enhance FDI efficiency
Gov’t orders synchronous implementation of measures for 6.5-percent growth
Particularly, the Government requires ministries and ministerial-level agencies to actively receive and handle proposals of localities under their assigned functions, tasks, and authority to promptly and drastically remove problems in production and business activities. In case that the proposals are beyond their powers, they must report to the Government and the Prime Minister for consideration and decision. Ministries, central agencies, and localities must focus on strictly implementing Directive No.48-CT/TW of the Secretariat of the Party Central Committee on the celebration of the Lunar New Year, Directive No. 44/CT-TTg of the Prime Minister on strengthening measures to ensure a happy, healthy, safe, and thrifty Tet holidays, and the Telegram No.1711/CD-TTg on ensuring traffic safety along with the prevention of the Covid-19 pandemic during Lunar New Year and spring festival in 2021. The Government emphasized that they must continue to focus on implementing the dual goals and … [Read more...] about Gov’t orders synchronous implementation of measures for 6.5-percent growth
HCMC gets busy with welcome party for Lunar New Year
As usual, HCMC will set off firecrackers on Lunar New Year's Eve at seven locations: the Saigon River Tunnel in District 2, Vietnam’s tallest building Landmark 81 in Binh Thanh District, Dam Sen Theme Park in District 11, the Ethnic History-Culture Park in District 9, Ben Duoc Memorial Temple in Cu Chi District, Can Gio Stadium in Can Gio District, and the Nha Be District Administrative Center. … [Read more...] about HCMC gets busy with welcome party for Lunar New Year