Vietnamese businesses

22% describing the impact on their employees as 'significant' (widespread furlough or layoffs), while 52% considered it 'moderate' (temporary reductions in some functions), and 19% 'low' (very few jobs impacted). ITDMs in India (57%) and Brazil (34%) were most likely to cite a significant impact on their employees, while those in Hong Kong (12%) and Mexico (10%) reported the least, highlighting a massive swing in experiences between regions. 77% said that investments in networking projects had been postponed or delayed since the onset of COVID-19, and 28% indicated that projects had been cancelled altogether. Project cancellations were highest in Sweden (59%) and lowest in Italy (11%), showing there are also significant disparities between countries within the same region, while 37% of ITDMs in education and 35% in hotels and hospitality globally said they have had to cancel network investments. THE FUTURE IS BRIGHT: INVESTING FOR EMERGING NEEDS … [Read more...] about Aruba: Network as a Service Adoption to Accelerate by 38% within the Next Two Years as Businesses Adapt to Covid-19

In fact, Vietnamese economists have many times urged government agencies to review the positive and negative effects that FDI brings to Vietnam. They have warned that Vietnam has been relying too much on FDI, while FDI still cannot bring the desired effects though it has been given many preferences. … [Read more...] about WB expert advises Vietnam to think about FDI role

"In recent years, despite his old age and declining health, comrade Lê Khả Phiêu has actively contributed many ideas to the Party, State and Army. He is a leader full of enthusiasm, dedication and responsibility to the Party, to the people, to the country, and to the military. The life of revolutionary activities was a good example for people and his comrades. In the family, he was a husband, father, and grandfather who lived a simple, exemplary life, always making sacrifices and acting with compassion," Phúc said. … [Read more...] about Leaders pay last respects to former Party chief Lê Khả Phiêu

Members of the Communist Party of Vietnam Central Committee and the Vietnamese government pay respect to former Party General Secretary Le Kha Phieu at his funeral in Hanoi, August 15, 2020. Photo: Nguyen Khanh / Tuoi Tre Le Minh Dien, son of former Party General Secretary Le Kha Phieu, expresses gratitude to visitors to the former leader's funeral in Hanoi, August 15, 2020. Photo: Nguyen Khanh / Tuoi Tre Le Kha Phieu was born on December 27, 1931 in Dong Khe Commune, Dong Son District, Thanh Hoa Province and resided in Hoan Kiem District, Hanoi, the official VGP News reported. … [Read more...] about Vietnam holds state funeral for former Party General Secretary

An aerial view of the Thang Long II Industrial Park in Hung Yen Province. Enterprises suspending operations due to Covid-19 will be entitled to a 15% reduction in their land rents this year - PHOTO: VNA HCMC – Enterprises, organizations, households and individuals that lease State-run land lots and have suspended their operations for at least 15 days due to the Covid-19 pandemic will be entitled to a 15% reduction in their land rents this year. … [Read more...] about Enterprises suspending operations due to Covid-19 to enjoy land rent reduction