* Vo Tri Thanh is a senior economist at the Central Institute for Economic Management (CIEM) and a member of the National Financial and Monetary Policy Advisory Council. The holder of a doctorate in economics from the Australian National University, Thanh mainly undertakes research and provides consultation on issues related to macroeconomic policies, trade liberalisation and international economic integration. Other areas of interest include institutional reforms and financial systems. VNS … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Direct foreign investment definition
Vientiane (VNA) – The Lao Government has decided to tighten COVID-19 prevention measures in the face of transmission risks. The Lao Prime Minister’s Office on August 7 issued an urgent announcement of the enhancement of some measures against COVID-19 amid this country’s relaxation of virus containment actions. The announcement noted that facing the risk of a resurgence of COVID-19 amid the disease’s complex developments in the region and the world, the Lao Government decided to strengthen the enforcement of prevention measures. In particular, relevant agencies were asked to enhance examination of those exiting from or entering the country so as to detect any illegal entry cases, monitor entertainment venues and karaoke parlours which had been ordered to close temporarily, and deal with any violations of the government’s directives. Notably, the Foreign Ministry of Laos was assigned to coordinate with the country’s national steering committee for … [Read more...] about Laos strengthens COVID-19 prevention measures
As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
The volume of cargo handled by them is growing at 5 percent a year, with the goods brought mainly by road, meaning the number of container trucks going in and out of the ports is huge. … [Read more...] about HCMC suggested to collect infrastructure fees at ports
Bui Ta Hoang Vu, Director of the municipal Department of Tourism, said the department will continue assessing losses caused by the pandemic and propose solutions to the municipal People’s Committee to deal with setbacks and maintain operation for enterprises. The department is studying scenarios to resume the tourism industry after the pandemic is brought under control and to continue investment so as to improve the quality of tourism products and services, he added. According to the municipal Department of Health, more than 36,000 people returning from Da Nang have made health declarations. However, airlines’ statistics show that 140,000 people were on flights from Da Nang to HCM City in July and this keeps the risk of COVID-19 infections in the community high. … [Read more...] about HCM City supports tourism businesses in face of COVID-19