Government business support

Many travel agencies have also launched their own products and strategies in order to promote domestic tourism. Hanoi Redtours his providing families with attractive tours with discounts of 30-50%; meanwhile, Vietravel has built packages with discounts of up to 50%. Grasping the backpacking trend, the companies have also added retail products and services, including booking hotels and air tickets as well as car rental. For example, the AZA Travel Company has introduced various attractive services, with discounts of up to 70% for air tickets and hotels and up to 50% off on vouchers to luxury resorts around the country.  … [Read more...] about BUSINESS NEWS HEADLINES MAY 28

The Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development said that Vietnam is entering the harvest season of many types of fruits, agricultural products, and foods so several large events to promote trade will be organized shortly to boost exports to the Chinese market as the demand in this country is on the increase after the Covid-19 pandemic. … [Read more...] about BUSINESS NEWS HEADLINES MAY 29

Jointly held by the Prime Minister’s Administrative Procedure Reform Advisory Council, the Vietnam Association of Small and Medium Enterprises and the US Agency for International Development, the conference saw the participation of 1,000 delegates, including representatives of government ministries and agencies, trade associations and leading economists. … [Read more...] about Conference seeks policy recommendations for post-coronavirus business recovery

They take into account the crisis could end and economic activities will return to normal in the near future. At that time, the measures will focus on helping businesses recover and contribute to boosting the economy. … [Read more...] about Cambodia considers more measures to support firms affected by COVID-19

Specifically, reforming the tax system in order to reduce the tax burden, and create a stable and balanced stream of revenues should be considered a priority. At the same time, government spending should be restructured to enhance its efficiency, of which funds will be allocated only to really necessary projects and tight control applied to public investment to prevent wastefulness and corruption. … [Read more...] about Vietnam needs to boost public spending for economic recovery