The 20-year-old app developer, whose name is not disclosed by tax authorities, reportedly received over VND41 billion ($1.76 million) from Google, Facebook and YouTube between 2016 and 2017 thanks to in-app ads the companies placed in the mobile games he developed. … [Read more...] about Making fortune from Internet not uncommon thing in Vietnam
South east asian countries
Hong Kong lifts first virus lockdown after 13 new cases found
Hong Kong lifted its first neighbourhood coronavirus lockdown on Monday morning after testing some 7,000 people and finding 13 cases as debate swirled over the efficacy of the move. Over the weekend police moved in to seal off a poor and densely populated neighbourhood of about 150 apartment blocks where coronavirus clusters had sprung up in recent weeks. Officials went door to door conducting mandatory tests and found 0.17 percent of those tested had the virus. Some community and business leaders were critical of how the lockdown was carried out. But officials defended the move as proportionate and said they would not rule out similar neighbourhood lockdowns. "We do not consider this operation a waste of manpower and money," health minister Sophia Chan told reporters on Sunday. Hong Kong was one of the first places to be struck by the coronavirus after it spilled out of central China. It has recorded just over 10,000 infections with some 170 deaths by imposing effective but … [Read more...] about Hong Kong lifts first virus lockdown after 13 new cases found
Total of 205 traders allowed to export rice
This was a record high for rice export volume to this traditional market and it was also the first time the value exceeded the $1 billion mark. In addition, the export price to the Philippines surged in the year, hitting $476 per tonne on average, up 14.7 per cent against 2019. … [Read more...] about Total of 205 traders allowed to export rice
Industrial land prices escalate as more multinationals head for Vietnam
The demand for land to develop logistics infrastructure has soared, with 20 percent of total inquiries for this. The strong growth of e-commerce and logistics firms since the Covid-19 outbreak has led to high demand for space to store goods and distribution facilities. … [Read more...] about Industrial land prices escalate as more multinationals head for Vietnam
Thanh Hoa: a promising investment destination
The fifth-largest province nationwide geographically, Thanh Hoa has a coastline of 102km, which is favourable for tourism and the development of seaports, along with National Highway 1A, the Ho Chi Minh Highway, the North-South railway and Tho Xuan Airport. It also has favourable conditions for aquaculture, especially shrimp, crab and seaweed. … [Read more...] about Thanh Hoa: a promising investment destination