Vice President and Secretary General of the Vietnam Fatherland Front Central Committee Hau A Lenh noted, "As the pandemic is getting more complicated, people are encouraged to stay at home to protect themselves and others as well to contain the spread of the virus. Let’s turn this into a special opportunity for us to better connect with others and do something good to yourself, your family, and the society." … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 13
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?
According to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, since the beginning of the year, the novel coronavirus (COVID-19) pandemic has directly affected the Vietnamese tourism industry, along with the global tourism sector. The industry has therefore suffered significant losses which has led to a decline in related fields. Furthermore, tourism growth has had a positive impact on many sectors and various aspects of social life, thereby creating plenty of jobs and serving as a means of improving income, and ensuring social security for citizens. This therefore serves to contribute to promoting friendship ties, preserving cultural values, boosting environmental protection, and aiding economic restructuring. Despite these benefits, tourism also represents an industry that is vulnerable to the various impacts and damages caused by natural disasters and epidemics, the Minister said. This year’s conference is being held for the purpose of assessing the current climate … [Read more...] about National Tourism Conference seeks solutions to save tourism industry
Ngo Thanh Nam, member of the Board of Directors of bolttech Ngo Thanh Nam, member of the Board of Directors of bolttech Vietnam, said, “We are very excited to join bolttech and PCG to grab new opportunities in Vietnam’s digital insurance market. Our goal is to take advantage of technology and digital platforms to deliver better customer experience. Entering the new phase of development under bolttech, we are ready to grow with a key focus on this goal.” … [Read more...] about Bolttech makes official foray into Vietnam’s insurance market
Luu Ky Nam conquers the race at VPBank Hanoi Marathon ASEAN 2020 “For me, the most challenging of the journey is the starting point of a race. I feel very lucky to be able to participate in this special race which is also why I wanted to try it. Besides the obvious health benefits, I see running as a way to bring people closer and share their passion for a healthy and refreshing lifestyle,” said Nam. … [Read more...] about The hardest part of a journey is the start