Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Vietnam expat jobs
There are three groups of employees entitled to benefit from the US$2.7 billion package, including employees whose labor contracts were suspended, those taking leave without payment; laid-off employees not eligible for unemployment benefits; and workers who have no labor contracts and have lost jobs. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 29
Vietnam is expected to see a new foreign direct investment (FDI) wave as more foreign companies plan to move investment into the country. The US-China trade has triggered the trend of shifting production lines from China to Southeast Asia and other markets, including Vietnam which was seen as a promising destination. Meanwhile, many countries are fighting against the Covid-19 pandemic while Vietnam has basically controlled the disease, while maintaining its economic growth momentum. Pegatron, Amazon and Home Depot have started recruiting and seeking to open new supply chains with Vietnam being among potential markets.Other US giants like Google and Microsoft have announced their plans to relocate their production facilities of new phones, personal computers and some other devices from China to Southeast Asia with factories in Vietnam and Thailand expected to be the beneficiaries, the Nikkei Asian Review reported.Microsoft is scheduled to start producing its Surface line, including … [Read more...] about More giant foreign firms plan to shift investment into Vietnam
The young man's journey lasted from May 18 to June 12, 2019. Starting from Hanoi, he cycled to Phu Ly, Ninh Binh (northern Vietnam), Da Nang, Hue, Quy Nhon, Nha Trang (central region), Da Lat (Central Highlands), Phan Thiet (central region), Vung Tau and ended his journey in HCMC (southern Vietnam). His companion rode with him to Da Nang then decided to catch a plane to HCMC due to fatigue. … [Read more...] about South Korean student cycles across Vietnam
The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30