Seven month jail sentence

Two flights, organized by the Ministry of Foreign Affairs, the Vietnamese Embassy in Myanmar and Vietnam Airlines, brought the Vietnamese citizens from Myanmar to central Da Nang City. A Thursday press release by the foreign ministry said repatriated citizens include those below 18 years of age, the elderly, those with underlying conditions and others in dire circumstances. Covid-19 prevention measures, including medical declarations, body temperature checks and wearing protective equipment were deployed throughout the flight to prevent coronavirus infection. After landing in Da Nang, citizens were quarantined at centralized quarantine zones run by the military in Da Nang and central Quang Nam Province, the Da Nang Center for Disease Control (CDC) said. Myanmar is experiencing a period of political instability after its army seized power and detained government leader Aung San Suu Kyi and much of her party leadership last month. Protests have broke out nationwide and at least … [Read more...] about Hundreds of Vietnamese repatriated from Myanmar amid political instability

The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active. A recent report released by VNDirect Securities Corporation stated that mergers and acquisitions (M&A) deals, especially in transferring part of large-scale real estate projects, were considered one of the fastest solutions for foreign developers when they want to jump into the Vietnamese real estate market, as well as for the domestic developers expanding their land fund and investment portfolios. This report also cited that some projects from giant developers are currently in the negotiation process with most expected to be completed this year. “Thanks to the improvement of the legal system in the Law on Investment, a range of deals will be done within this year with total value up to more than $1 billion,” the report cited. According to Tran Khanh Hien, deputy director of the Research at … [Read more...] about M&A pushing ahead real estate market

The Hanoitimes - Hanoi’s mayor called for local governments to provide support for businesses affected by the pandemic, and review current existing supporting programs to ensure greater efficiency. Hanoi is ready to restart and accelerate socio-economic activities as the Covid-19 situation in the city has been put under control. Chairman of the Hanoi People's Committee Chu Ngoc Anh speaks at the meeting. “The priority in March is to strictly comply with anti-Covid-19 measures and boost socio-economic development,” Ngoc Anh said.Chairman of the Hanoi People’s Committee Chu Ngoc Anh gave the remarks at the city’s monthly meeting on March 4. Among measures to boost the local economy, the Hanoi’s mayor requested greater efficiency in global integration to boost exports, while adopting a more selective approach in attracting high quality foreign direct investment (FDI). “Hanoi aims to create a favorable business environment to further attract investment … [Read more...] about Hanoi ready to restart socio-economic activities with Covid-19 under control: Mayor