According to the MPI, all enterprises in industries such as textiles and garments, electronics, automobiles, and pesticides are facing difficulties due to material shortages, 30-60 per cent of which are imported from China. “Enterprises’ material stock can help them maintain production until late February. If material shortages continue, they will have to halt production in March,” stated a report from the MPI’s Agency for Enterprise Development. “The hindered production will take a heavy toll on economic growth, budget revenue, employees, and the whole society.” … [Read more...] about BUSINESS NEWS HEADLINES FEB. 21
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Hanoi leader pledges best conditions for Japan’s Uniqlo
Hanoi (VNA) – Chairman of the People’s Committee of Hanoi Nguyen Duc Chung pledged to create the best possible conditions for Japan’s Uniqlo company to do business in the city, during a reception on February 20 for Uniqlo Vice President Koyama Noriaki. Chung said considering the popularity of Uniqlo, the arrival of the brand to Hanoi is great news for local people. Expressing support for the Japanese company’s target and development orientations in Hanoi and in Vietnam in general, the Hanoi leader agreed that the two sides will continue with discussion to reach a cooperation deal between the Hanoi People’s Committee and Uniqlo. He suggested that the company consider working with Vietnamese textile-garment companies to produce goods. The Uniqlo executive informed his host that the company’s first store in Hanoi, the biggest in Southeast Asia, will open in early March. In the context of the COVID-19 epidemic, the company will ensure a safe … [Read more...] about Hanoi leader pledges best conditions for Japan’s Uniqlo
Opportunity for Vietnam as number of teams in Women’s Asian Cup increases
The move comes following FIFA’s decision to increase the number of teams competing in the Women’s World Cup from 24 to 32 as of 2023. The changes will see the Asian region have either seven or eight sides competing in the global event, with the Vietnamese team having a greater chance of making it to future tournaments. … [Read more...] about Opportunity for Vietnam as number of teams in Women’s Asian Cup increases
No new suspected coronavirus cases in HCM City
Other hospitals such as the City International Hospital are ready to respond and quickly carry out disease prevention measures including by establishing an infection prevention and control team, carrying out a COVID-19 response drill, continuing medical education focused on the COVID-19 epidemic for latest updates, and communicating about the disease and providing disease screening at the main entrance of the hospital. … [Read more...] about No new suspected coronavirus cases in HCM City
Rolling out an in-depth and multi-dimensional real estate news channel in Vietnam
The programme primarily focuses on individual investors who are considering buying or investing in real estate. Through the programme, they will know exactly when to buy or sell properties, which projects they should buy and how to invest, as well as being encouraged to invest through information provided by the programme. I think this is an way to stimulate trading quality, volume and transparency. … [Read more...] about Rolling out an in-depth and multi-dimensional real estate news channel in Vietnam
