Many footwear companies will have to suspend their operations from now until August due to a lack of new orders. “Millions of workers in the clothing and footwear sectors will lose their jobs. This is caused not only due to a market disruption, but also the automation trend,” Loc said. … [Read more...] about Mekong Delta enterprises see new orders plunge by 80% due to Covid-19
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A second, related challenge is the international image of Vietnamese produce. While Vietnamese cuisine is popular around the world, the perceptions of Vietnamese agricultural produce – in particular concerning issues such as the use of pesticides – could be improved, according to those in the industry. If Vietnam can meet these high food safety standards, it will help to grow the positive reputation of Vietnamese produce. … [Read more...] about Eased regulations set up EVFTA agriculture benefits
A view of the Park View Apartment Building developed by Phu My Hung Development Corporation. The property firm received US$75 million from the International Finance Corporation to sustain its operations and recover from the coronavirus pandemic – PHOTO: PMH HCMC – International Finance Corporation (IFC), a member of the World Bank Group, offered a financial package of US$75 million to Phu My Hung Development Corporation to help sustain its operations following the Covid-19 pandemic and allow it to extend financial relief to its clients, suppliers and contractors along its property value chain, thus helping preserve jobs and contributing to a resilient local economy. … [Read more...] about IFC offers Phu My Hung US$75 million to help business recover after Covid-19
The U.S. remains a popular destination for immigration due to matching salary packages, living standards, and quality of education. Compared to other paths to citizenship, the EB-5 is attractive for investors due to its more relaxed education or language requirements, not requiring employment or family sponsorship, reasonable residency requirements, only requiring a passive investment, and more. The minimum investment required under the EB-5 Program is US$900,000 in high unemployment or rural areas and US$1,800,000 outside those areas. The process will take approximately 24 months for a conditional Green Card, and another 21 to 45 months for a permanent Green Card. … [Read more...] about CanAm: More Hong Kong residents favoring EB-5 visa to immigrate to the U.S.
Visitors who chose to take the challenge of "walking" on the 171 wooden steps to cross the bridge will be rewarded with the stunning panoramic views of O Quy Ho Pass and the Hoang Lien Son mountain range, which runs for 180 kilometers in the northwestern provinces of Lao Cai, Lai Chau and Yen Bai. … [Read more...] about Entertain the daredevil in you in Sa Pa