The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth
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Three Vietnamese cities among Southeast Asian best
A view of Ho Chi Minh City Asia’s Best Awards 2022 suggests destinations, resorts and restaurants, among others, to try in the region. The lists were compiled basing on votes from readers around the world from January to April this year. Among the three Vietnamese cities in the list, Da Nang comes third, Hanoi fifth, and HCMC eighth. Bangkok of Thailand holds the No. 1 position. Meanwhile, Phu Quoc and Con Dao of Vietnam are among the Best Islands in Southeast Asia, respectively standing at the fourth and 10th places. Phuket of Thailand tops this list. The awards also cover outstanding tourism brands in each country. For Vietnam, there are lists of the best restaurants, hotels, bars, pizza, hotel pools, and beach/upcountry resorts. “The gates have been flung wide open and Vietnam’s up and away. Who would’ve thought in lockdown last year this country would be in a position now to say ‘xin chao’ to international tourists? While the plan to welcome five million visitors by … [Read more...] about Three Vietnamese cities among Southeast Asian best
What’s on July 4-10/2022
MUSIC & PERFORMANCES HCM City- Performance by Vietnamese-French violinist Jul 9, HCM City Opera House, Vietnamese-French violinist Stephane Tran Ngoc will be the featured soloist in the “A Night of Italian Spirit” concert. REC TOUR 2022 June – July 2022 From the organizer: AboutREC VietNam: REC Viet Nam grows from REC Room – A music management and event production team based in Hanoi. REC ROOM was formed in 2014 as a DIY audio recording studio, but has since developed into a community-driven music production team, with particular focus on; live music events, contemporary musical subcultures, management, tour production, and audio/video production for artists based in Vietnam. ____________________________________________________ EXHIBITION HCM City- Photo exhibition highlights beauty of Spratly Archipelago Until Jul 18, 122 Suong Nguyet Anh Street, District 1 The … [Read more...] about What’s on July 4-10/2022
State Bank of Vietnam announces amendments to bank loans circular
Illegitimate land slots in Bao Loc City, Lam Dong Province. The draft bans bank loans to borrowers who use the loans to secure future transactions that are unqualified at the moment of the loans. — VNA/VNS Photo The State Bank of Viet Nam (SBV) has been developing a draft amending Circular 39 on bank loans, to keep credit risks in check. The draft bans bank loans to borrowers who use the loans to secure future transactions that are unqualified at the moment of the loans. The ban is expected to prevent the use of bank loans to purchase future real estate properties, which have not been given carte blanche from the authorities due to the lack of construction permits and proof of land use rights. The HCM City Real Estate Association (HoREA) believes that law-abiding real estate firms will remain unaffected by the ban since bank loans are still available to borrowers who aim for qualified real estate properties offered by the firms. "Unqualified realty properties include … [Read more...] about State Bank of Vietnam announces amendments to bank loans circular
MR3 draws lessons to improve training quality
The lesson-drawing activity was part of the review of ten years of implementing the Central Military Commission’s Resolution 765 on raising quality of training in the 2013-2020 period and the following years. In particular, the MR3 concluded that in order to improve training quality, the first thing they have to do is to increase the leadership of party committees at all levels to make strong changes in thinking about the role, significance, and importance of the training work and responsibility of chains-of-command, political commissars, political officers and troops in duty performance. The outcomes of the training will be a foundation to evaluate the results of task performance of each serviceman. Secondly, it should pay due attention to building a contingent of command and staff cadres and agencies in charge of training while renovating training methods, organizing sport festival and other competitions, multiplying role models, and strengthening inspection, review of training … [Read more...] about MR3 draws lessons to improve training quality