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
Bochmann: COVID-19 has completely halted tourism activities, not only in Vietnam but pretty much the whole world. I don’t think that people outside the tourism industry completely understand how big the disruption is and how many people this affects. It’s not just hospitality workers in hotels and travel/tour operators (which number in the thousands), but also the families that rely on them to fill their rice bowls at home. For every hotel worker, travel/tour operator, there are also about four merchants, suppliers, farmers, shop owners, and drivers that rely on tourists to come to Vietnam and holiday or conduct business meetings, conferences, and exhibitions. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
According to the General Statistics Office, the current average population density in Hanoi is about 2,100 people per square kilometre, while the population is expected to increase by 200,000 each year, equivalent to the population of a large district. This has led to increasing pollution, serious traffic congestions, and above all, population density that makes life a chore. … [Read more...] about Enjoy private and safe living space at King Palace
Park Kiara, situated inside the mega township of Park City at the heart of Ha Dong District and developed by Malaysia’s top developer, Park City, is not only self-sustaining but also tailored with top-notch amenities and close to an MRT station, the BRT bus system, international schools, and AEON Mall. … [Read more...] about Billion dollar developments spur Ha Dong growth
The festival aims to promote the city's tangible and intangible cultural values, tourism destinations and beautiful beaches. It is also expected to connect and help local businesses to introduce their products and services, boost investment in tourism infrastructure and strengthen tourism co-operation between the city and other localities in Việt Nam. … [Read more...] about Đà Nẵng kickstarts economy after COVID-19 pandemic