However, tough challenges are ahead for the city’s industry and trade sector. They come from the curtailment of industrial production as most of the large production facilities move out of the central city, and limited investment in high-tech industry and weak development of supporting industry. Besides, attracting investments in local industrial parks is not an easy task since industrial land leasing costs in Hanoi are higher than those in localities in the vicinity such as Ha Nam, Hoa Binh and Hung Yen. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
Vietnamese overseas
Vietnam-Laos relations even more special amid COVID-19: Ambassador
The ambassador said Vietnam and Laos will further deepen their political ties in 2021 while enhancing cooperation in national defence, security, and external affairs. They will also raise the efficiency of cooperation in economy, culture, education, health care, and science-technology, and expand exchanges between citizens as well as localities. He suggested intensifying mutual support in dealing with the consequences of COVID-19 in order to quickly resume economic growth. According to the ambassador, Laos is the largest recipient of Vietnam’s overseas investment, amounting to 4.22 billion USD to date in 414 projects. Apart from citizen protection, which is considered a top priority in the face of the pandemic, the Vietnamese Embassy in Laos has paid attention to facilitating Vietnamese investment in the country through various activities, he said./. … [Read more...] about Vietnam-Laos relations even more special amid COVID-19: Ambassador
VIETNAM NEWS JANUARY 20
PM Phuc also asked for increased education in terms of politics, thought, tradition, revolutionary morality, and occupational skills for intelligence officers, as well as the building of a contingent of intelligence officers who have firm political mettle, steadfastness, and absolute loyalty to the Party, Fatherland, and people, are ready to sacrifice for the sake of the Party and nation’s revolutionary cause, and have a sharp vision and outstanding qualifications to fulfill both short- and long-term tasks. … [Read more...] about VIETNAM NEWS JANUARY 20
Biden keen to promote a strong America united
On the upside, the report insisted that bilateral relations are likely to advance over the next four years. “Biden will continue to pursue tough policies towards China, although Vietnam does not want to see an overtly confrontational relationship develop between two of its largest trade partners,” it continued. “But the Vietnamese leadership does hope to see stronger US diplomatic efforts, especially in the Mekong region.” … [Read more...] about Biden keen to promote a strong America united
Saigontourist successfully navigates bumpy road to take award at Vietnam Value Programme
The biggest problem was steering through constant changes, demanding constant steering. Travellers returned in the last weeks of September, but there is a long road to full recovery for the industry and Saigontourist. November and December have been harder because these months are part of the low season for tourism. Foreign tourism has remained steeped in difficulties as the government has yet to reopen the borders as the pandemic is still raging globally. Consequently, the company has drawn up strategies for the next 1-2 years. … [Read more...] about Saigontourist successfully navigates bumpy road to take award at Vietnam Value Programme