In addition, the Government cautiously recommended the NA consider and adopt the guideline on several specific mechanisms and policies to revive the economy in the new situation. Accordingly, the Government asked for the NA’s permission to proactively adjust the 2020 public investment plans among ministries, sectors and localities within the expenditure estimate on development investment; convert the investment mode for important transport projects from that of a public-private partnership to the use of the state budget; exempt and reduce a number of tax obligations concerning the areas and subjects suffering heavy losses due to COVID-19; postpone the increase of basic salary for civil servants, public employees and the armed forces and pensions from July 1, 2020; and consider launching new economic stimulus packages if the pandemic continues to be prolonged on a global scale. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30
Sotherly hotels investor relations
The wild discounting of accommodations is a trend we’re seeing particularly with Hoi An homestays and budget accommodations. This is helping local businesses bring in basic income. When it comes to 4- and 5-star resorts and hotels, the trend of discounting is also a good way to attract domestic travelers, though this could lead to a reduction in service quality as businesses work to keep costs under control. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Located in the heart of the bustling and vibrant centre, stepping into King Palace is a completely opposite world. Residents will not have to go far to find a place to relax because right at King Palace, there are full utilities to serve their daily needs. Along with this, there is a commercial and service area at the podium level; Maple Bear International Preschool in the building; Rooftop swimming pool on the highest floor of Thanh Xuan district; and a gym full of modern equipment to help residents take care of their health, just to name a few of the utilities. … [Read more...] about Enjoy private and safe living space at King Palace
Taking advantage of the infrastructure boom, real estate developers have been pouring in and gradually changing the outlook of this area. Ha Dong District is blooming with quality real estate projects on a significant scale, attracting both local and foreign investors. … [Read more...] about Billion dollar developments spur Ha Dong growth
In the first four months this year, the total number of tourists visiting Đà Nẵng reached approximately 1 million, down 58 per cent over the same period in 2019. Of the figure, international visitors were estimated at 575,000, down 50 per cent. Total tourism revenue in the first four months decreased by 51 per cent compared to the same period last year. … [Read more...] about Đà Nẵng kickstarts economy after COVID-19 pandemic