The entrepreneurship movement in recent years has created a new business community, leading to the establishment of co-working spaces. According to CBRE Vietnam, a real estate service provider, co-working spaces have increased by 55 percent per annum over the last five years. There are 40 businesses providing the service, including five large ones. The business has with reported occupancy rate of over 80 percent. Dreamplex, Toong, eSmart, CirCO, Start, Saigon co-working, Citihub, Fablad and PerperHouse have become well-known names in HCM City. The services offered by co-working spaces are diverse, from supporting businesses to set up and preparing documents to supplying accountants, meeting rooms, reception, post and kitchens to tenants. With a wide range of services, co-working spaces are suited to small and micro businesses. … [Read more...] about Co-working spaces boom in Vietnam
India offers 1,000 PhD fellowships to ASEAN students. (Photo: asean.org) New Delhi (VNA) – India on September 16 officially launch an initiative to offer up to 1,000 integrated PhD Fellowships for ASEAN students at its 23 Indian Institutes of Technology (IITs). At the launching ceremony, Indian Minister of Human Resource Development Ramesh Pokhriyal Nishank said the scholarships will go a long way in strengthening ties between India and ASEAN nations. The move came after Indian Prime Minister Narendra Modi had promised to enhance academic relations with the Southeast Asian nations last year. The fellowship programme at a total budget outlay of 3 billion INR (over 40 million USD) will provide 250 scholarships this year, 300 in 2020 and 450 in 2021. According to the Indian government, the funding will cover the entire cost of study and living expenses for up to five years of a PhD programme. The first batch of the ASEAN students will be admitted in January 2020./. VNA … [Read more...] about India offers 1,000 PhD fellowships to ASEAN students
First 32 out of 63 military doctors of the first level two field hospital fly toFirst 32 out of 63 military doctors of the first level two field hospital fly to Juba (South Sudan) to undertake UN peacekeeping mission, October 2, 2018 Juba (South Sudan) to deploy UN peacekeeping mission, October 2, 2018 (Photo: VNA) … [Read more...] about Vietnam, responsible, active, member, UN
The Hanoitimes - As if meeting technical requirements to fly to the US is not hard enough, Vietnam Airlines has to ensure the profitability of those flights. Vietnam Airlines, the country's national flag carrier, is having a headache to make non-stop flights to the US profitable, Thanh Nien newspaper reported. Illustrative photo. As if meeting technical requirements to fly to the US is not hard enough, the air carrier has to ensure the profitability of those flights. Practices from major world air carriers have shown that they have to compensate for the losses incurred by the US route with earnings from other lucrative ones or from sales and leaseback. Vietnam Airlines estimated that three to five flights per week to the US would result in a loss of between US$30-50 million per year (according to the exchange rate of 10 years ago) for the carrier. Sources from Boeing also said that 90% of air routes from Asia to the West Coast of the United States cannot earn … [Read more...] about How hard is it for Vietnamese air carriers to fly to the US?
Nguyễn Quốc Hiệp, Chairman of the Việt Nam Association of Construction Contractors tells Thời báo Kinh tế Việt Nam (Việt Nam Economic Times) that cumbersome legal requirements are one of the biggest challenges for Vietnamese construction companies. Have you found any contradictions in legal documents in the construction field? It is rather common in Việt Nam that one issue is subjected to the adjustment of several laws. This leads to the problem of contradictions and overlapping between these laws. For example, the Ministry of Construction is tasked to build the Construction Law, the Ministry of Natural Resources and Environment is in charge of the Land Law, while the Ministry of Planning and Investment makes the Investment Law. Such a practice has led to problems in the course of implementation. Under Vietnamese law, all public investment projects are subjected to the jurisdiction of the Law on Public Investment while the … [Read more...] about Legal framework should support construction firms: insider