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Vietnamese and Japanese firms receive support to expand operations The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic. According to a representative from the JETRO, the business matching programme will see the participation of 40 Japanese companies for the purpose of accelerating the development of the country’s supporting industry. At present, the scheme has received registration for 50 negotiations from enterprises from Japan, Vietnam, and Taiwan (China), whilst it is still receiving registration from businesses wishing to purchase and seek Japanese suppliers in the Monozukuri field until March 1. A recent survey conducted by the JETRO unveiled that Japanese businesses remain keen on the Vietnamese market as the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 5

HCM City: early start proposed for over VND4.8 trillion traffic project Traffic congestion on Cong Hoa road The Ho Chi Minh City management board for traffic works construction and investment has urged early completion of paperwork for construction on a road linking Tran Quoc Hoan and Cong Hoa roads to begin in December. Costing more than 4.84 trillion VND (211.2 million USD), the project is slated to complete in July 2023, in conjunction with the completion of the Tan Son Nhat international airport’s Terminal 3 The project, approved in December 2019, includes the building of a six-lane 4km road, an intersection tunnel, and a 1,200m overpass in front of the Terminal 3. Apart from the project, the city also conducting procedures to implement the expansion of Hoang Hoa Tham road and upgrading of Cong Hoa road around the Tan Son Nhat airport. The construction of both projects was initially set to begin in 2020 but it was delayed due to problems in site clearance./. … [Read more...] about VIETNAM NEWS HEADLINES MARCH 4

A view of Phú Mỹ Hưng City Centre in HCM City. “City within a city” is a new trend in housing market. — Photo phumyhungcity.com.vn HCM CITY — ‘City within a city’ is likely to become a new trend in the housing market this year, experts predict. Property consultant Jones Lang LaSalle (JLL) explained that the concept refers to large-scale integrated developments. It has grown in popularity recently as developers seek to attract buyers with holistic, well-planned communities within a city as people seek to avoid the chaos created by rapid urbanisation and lagging infrastructure in shared facilities. Nowadays developers taking part in city planning have to carefully understand the fundamentals of city planning to create sustainable value for their large-scale projects, according to Trang Bùi, head of markets, JLL Vietnam. According to JLL, the beauty of any large-scale development is the ability to offer a diverse range of housing types to various groups of potential … [Read more...] about ‘City within a city’ among hottest property market trends: experts

The first dose of Covid-19 vaccines will be given to Vietnamese people on March 8, according to the Minister of Health Nguyen Thanh Long. Minister of Health Nguyen Thanh Long speaks at an online meeting on March 5 During an online meeting on March 5, Long said it would take a while to gather the vaccine due to high demand and short global supply of the vaccine. The vaccines are also being rapidly produced. Reports from the manufacturers and evaluation boards show that they have protective antibodies against the virus for six months to a year. "We'll buy vaccines from other countries while keeping pushing for a locally-made vaccine," Long said. "This is our long-term plan." After receiving the certificate for 117,000 doses of Covid-19 Vaccine AstraZeneca on March 3, the ministry will hold a training course about receiving, storing and using the vaccine on March 6 and start giving the vaccine on March 8. The first doses will be given to front line workers at … [Read more...] about Covid-19 vaccinations begin from March 8

The 5-star ALMA Resort developed by Paradise Bay Resort Co. Ltd. has been officially voted as one of the top 10 best resort projects in Vietnam in 2020 by Vietnam Real Estate online magazine, or reatimes.vn. The year 2020 ended on a positive note for Vietnam with the national GDP rising 2.91 percent, but the COVID-19 pandemic remained complicated, with the world economy being mired in difficulties. The Vietnamese tourism industry is still making constant efforts to resist the destructive power of the pandemic. 2020 was a bleak year for all branches of tourism, but it also showed the adaptability and flexibility of the entire industry. During this difficult time, the construction of ALMA Resort was completed and it was officially put into operation in December 2019. While ensuring measures against the pandemic, ALMA Resort welcomed thousands of families in 2020, with a peak room occupancy rate of up to 80 percent. For such a new resort to have such a desirable number of … [Read more...] about ALMA Resort voted in Vietnam’s top 10 best resorts in 2020