World cup

Linh Ung Pagoda is another attractive site of Son Tra Peninsula. This place is famous for Guanyin statue, which is the highest statue in Viet Nam. In recent years, Da Nang City has increased investment in construction of tourism sites together with conservation. … [Read more...] about Son Tra Peninsula: A world biosphere reserve site in the future

Kuala Lumpur (VNA) - The Malaysian government on April 6 unveiled an additional stimulus package worth 10 billion ringgit (2.3 billion USD) to support small- and medium-sized enterprises (SMEs) affected by the COVID-19 outbreak. In a live televised address, Prime Minister Muhyiddin Yassin noted that SMEs contributed to 40 percent of the economy, adding that it was therefore necessary to sustain the companies through these trying times.   Earlier, on March 27, the PM announced an economic stimulus package worth 250 billion ringgit, after the launch of the movement control order (MCO), which was initially effective from March 18 to 31, but later is extended until the end of April 14. Malaysia is taking measures to contain the spread of COVID-19 in the community. By the end of April 5, Malaysia had recorded a total of 3,662 cases, including 61 deaths./. … [Read more...] about Malaysia announces another stimulus package to cope with COVID-19

Jakarta (VNA) - The Jakarta Manpower, Transmigration and Energy Agency said on April 6 that a total of 162,416 workers in Jakarta, the capital of Indonesia, have been laid off and forced to take unpaid leave due to COVID-19 pandemic. Of the figure, 30,137 workers of 3,348 registered companies were laid off, while 132,279 others from 14,697 firms were also put on forced unpaid leave," according to the agency. The data will soon be submitted to the Coordinating Ministry for Economic Affairs, it said. As part of its stimulus package to counter the effects of the epidemic, the Indonesian government has issued a policy of expanding its pre-employment card programme which provides job skills training and incentives for laid-off workers. President of the Confederation of Indonesian Trade Unions (KSPI) Said Iqbal has called on the government to prepare more measures to support workers who lose their jobs, such as providing money to workers and drivers. On … [Read more...] about Hundreds of thousands of workers in Jakarta affected by COVID-19

Hanoi (VNA) - Indonesia and the Republic of Korea on April 6 agreed to hold a signing ceremony of their bilateral free trade deal in the near future to quickly implement it in a way that helps minimise the economic fallout from the new coronavirus pandemic. During a videoconference with Indonesian Trade Minister Airlangga Hartarto, RoK Trade Minister Yoo Myung-hee said the international community must join forces to sustain the global supply chain, according to the RoK’s Yonhap news agency. In line with efforts to overcome the economic jitters, the two countries agreed to hold a signing ceremony of the much-awaited Comprehensive Economic Partnership Agreement (CEPA) at the earliest date possible after the situation is stabilised, reported Yonhap The two countries struck the deal in November last year with a goal of holding an official signing ceremony in the first half of 2020 to pave the way for the official implementation. The CEPA is equivalent to a free trade agreement … [Read more...] about Indonesia, RoK agree to sign FTA

Hanoi (VNA) – Singapore on April 6 announced a new stimulus package worth 5.1 billion SGD (3.55 billion USD) including wage support, waiver of levies and one-off payments to combat the COVID-19 pandemic. This is an unprecedented budget for extraordinary times, said Finance Minister Heng Swee Keat. The move came just over a week after the country unveiled support measures worth more than 30 billion USD to cope with the risk of an economic crisis. On April 5, the Singaporean Ministry of Health confirmed 120 new COVID-19 cases – the highest number reported in a single day in the country. So far, Singapore has recorded 1,309 cases tested positive for the novel coronavirus SARS-CoV-2, including six deaths. The Singaporean government has decided to close most workplaces from April 7 and schools from April 8, to prevent the spread of the pandemic. Accordingly, except for key economic sectors and essential services - such as food establishments, markets and supermarkets, … [Read more...] about COVID-19: Singapore announces new stimulus package to support economy