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Roughly 20-30 per cent of the COVID-related shift to digital globally is expected to be permanent, according to a fresh report from Mastercard Put another way: in 2020, e-commerce made up roughly $1 out of every $5 spent on retail, up from about $1 out of every $7 spent in 2019. As COVID-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. For retailers, restaurants, and other businesses large and small, being able to sell online provided a much-needed lifeline as in-person consumer spending was disrupted. Roughly 20-30 per cent of the COVID-19-related shift to digital globally is expected to be permanent, according to Mastercard’s Recovery Insights: Commerce E-volution. Roughly 20-30 per cent of the COVID-related shift to digital globally is expected to be permanent, according to Mastercard’s Recovery Insights: Commerce E-volution. The report draws on anonymised and aggregated sales activity in … [Read more...] about New Mastercard report: E-commerce a COVID-19 lifeline for merchants

The Da Nang Department of Construction has made public a list of commercial housing projects in which foreign organizations and individuals are allowed, or not allowed, to buy apartments or houses. Monarchy resort complex, one of the commercial housing projects that allows foreign organizations and individuals to own housing. This list includes 17 commercial housing projects that allow foreigners to buy and own houses: Blooming Tower Da Nang; Golden Square complex of commercial services, hotels and apartments; Quang Nguyen commercial apartment building; P.A Tower hotel and apartment complex. Apartment building No.38 Nguyen Chi Thanh (Lapaz Tower); Apartment building No. 6 Nguyen Du Street (Danang Plaza); HAGL Lakeview apartment building; Thuy Tu urban area; Monarchy resort complex; Harmony Tower Apartment building; Summit Apartments; An Vien residential area; Da Nang Green Hoa Binh Complex; Tower Garden Apartments; Azura Apartments; Da Nang estate and Da Nang … [Read more...] about Foreigners allowed to buy houses in 17 real estate projects in Da Nang

Addressing an online meeting with representatives from 63 provinces and cities, and their health sectors on accelerating COVID-19 prevention and vaccination efforts, Long warned that Vietnam is in danger of experiencing another outbreak. He stressed that controlling the pandemic this year will be very difficult for all countries, not just Vietnam. Vietnam has gone 21 straight days with no new cases of domestic transmission, he said, while also noting that the situation remains complex in the world and the region. The country is still organising commercial flights to bring Vietnamese citizens home, he added. The Ministry of Health - the standing agency of the National Steering Committee for COVID-19 Prevention and Control - will continue to strengthen its direction as well as inspection and supervision of high-risk areas. He underlined the urgent need to prevent illegal travel in border areas and to strictly tackle violations. Regarding vaccinations, Long said the ministry has … [Read more...] about Localities directed to continually monitor COVID-19 situation

SOEs must complete the sale of shares within four months, photo Le Toan State-owned lender Agribank has been stuck for years with divestment efforts because its real estate assets could not be approved by the Ministry of Finance due to their large size and complex procedures. “At the end of last year, the Ministry of Finance also made a comprehensive assessment on the equitisation goal of state-owned enterprises. Specifically, only about 28 per cent of enterprises were equitised, which means that nearly three-quarters did not meet the plan. The main issue is that many large corporations’ land use rights remain unclear, as can be seen in the cases of VNPT and Agribank,” explained Chu Manh Hung, deputy head of the Equitisation Department at Agribank. “Since the equitisation plan during 2016-2020 has not been completed yet, Agribank will continue carrying out this task for the 2021-2025 period,” he added. “However, there are still major roadblocks hampering the process, … [Read more...] about Divestment slow off the blocks for banks

The 62-year-old patient, who is a resident of Binh Han ward, was originally admitted to Hai Duong Hospital for Tropical Diseases for treatment on March 28. After recording several negative tests for the SARS-CoV-2 virus on April 11, April 14, and April 16, she was announced to have made a full recovery from the virus, although she will now undergo a 21-day isolation period at home. According to doctor Nguyen The Anh, deputy director of Hai Duong Hospital for Tropical Diseases, the patient suffers from illnesses such as type two diabetes, causing her to spend a total of 51 days at hospital receiving treatment. The northern province of Hai Duong represents the country’s largest COVID-19 hotspot and has detected a total of 726 positive COVID-19 cases so far. At present, the locality has gone through three consecutive weeks without any fresh locally-transmitted COVID-19 cases. As of April 16, there are no COVID-19 patients within the locality, whilst all F1 and F2 cases have also … [Read more...] about Final COVID-19 patient in Hai Duong province receives discharge from hospital