Maritime laws

Demand for industrial, logistics estates at core of enquiries next year: Savills Demand for industrial and logistics estates in addition to ready-built factories and warehouses will continue to be the core of enquiries next year, according to an expert from property consultancy Savills Vietnam. “However, in terms of new trends, data centres and cold storage facilities are in demand and have gained traction in 2020 and 2021,” John Campbell, manager of Industrial Services at Savills Vietnam told the Vietnam Investment Review. “Next year, we expect this to continue, as Vietnam is now on the radar for hyperscale facilities.” Low-value industries are beginning to set up elsewhere in Southeast Asia as Vietnam no longer offers the same incentives, he said, adding that these industries such as textiles and furniture struggle to source affordable labour and land in Vietnam. However, foreign and high value-added investors remain bullish on Vietnam’s long-term growth, … [Read more...] about VIETNAM BUSINESS NEWS NOVEMBER 23

Hang made the statement on November 18 at the MOFA’s regular press briefing, in response to a reporter’s question over a recent report conducted by a group of U.N. experts which stated that a number of Vietnamese women and girls suffered from violence and harassment from their employers, after being recruited to Saudi Arabia for work. She said the MOFA has instructed Vietnamese representative missions abroad to keep in close contact with local authorities and companies in charge of managing and employing Vietnamese labor. They also encourage the local Vietnamese community to help facilitate favorable conditions for Vietnamese citizens working and residing in other countries. Vietnam’s representative agencies always stand ready to implement citizen protection measures and other measures to ensure the lawful rights and interests of Vietnamese citizens, particularly female laborers and girls in necessary cases, she said. According to the spokeswoman, over the past years, the MOFA … [Read more...] about Vietnam always prioritizes promoting gender equality: Spokeswoman

Starting in December, travel from Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa and Zimbabwe, will be prohibited, senior health official Opas Karnkawinpong told a news conference. Thailand will not allow travelers from these countries to register to travel to Thailand starting on Saturday, he said. The announcement comes as the U.S. and other countries in Asia tighten borders over worries about the B 1.1.529 variant. The World Health Organization designated it the latest "variant of concern," saying it may spread more quickly than other forms. "We have notified airlines and these countries," Opas said adding that travelers from other African countries will not be allowed to use the country's quarantine-free travel scheme for vaccinated travelers. Japan's Foreign Ministry said on Saturday the country will tighten border controls for the southern African nations of Mozambique, Malawi and Zambia, requiring a 10-day quarantine for any entrants. The new … [Read more...] about Thailand joins list of nations to ban entry from African countries over Covid Omicron variant

Most recently, Vietnam's e-government development strategy towards digital government for the period 2021-2025 with a vision to 2030 has clearly identified that data is a new type of resource. On November 16, the Vietnam Digital Communications Association hosted the Asia Open Data Partnership Conference 2021 in Hanoi, an annual conference that has been organized by the Asia Open Data Partnership (AODP) and its partners since 2015. This is the first time Vietnam has hosted the conference. Data economy to contribute 5% to GDP According to a report from the European Data Portal, an initiative of the European Commission, the open data market was valued at 184.45 billion Euros in 2019 and is expected to reach about 199.51 - 334.20 billion euros by 2025. Most governments around the world use open data to deploy solutions to improve their operations and citizens' rights, create development opportunities, foster innovation, and solve social problems. There are three trends of … [Read more...] about Data defined as new resource for economic and social development

At the event (Photo: baothanhhoa.vn) Jakarta (VNA) – A conference on promoting trade connectivity between the north central coastal province of Thanh Hoa and Indonesia was held in both face-to-face and virtual forms on November 26. The Vietnamese Embassy and Trade Office in Indonesia in collaboration with the provincial People’s Committee and the Indonesia n Embassy in Vietnam jointly organised the event. It aimed to create conditions for enterprises from the two sides to seize and expand trade opportunities and promote the consumption of their products, therefore recovering and stabilising their production and business operations. Speaking at the conference, Nguyen Ngoc Vinh, Counsellor at the Vietnamese Embassy in Indonesia, said as the two countries are making efforts to control the COVID-19 pandemic, sustainable economic recovery is a top priority, in which the cooperation between the Vietnamese and Indonesian governments and businesses play a very important role. … [Read more...] about Thanh Hoa, Indonesia strengthen trade conectivity

Illustrative image (Photo: Xinhua) Phnom Penh (VNA) – Cambodia’s National Assembly (NA) on November 25 approved the draft budget of 8.5 billion USD for the government spending in 2022, a rise of 8.4 percent over that of 2021. Speaking during a NA session, Economy and Finance Minister Aun Pornmoniroth said the budget is equal to 27.95 percent of the kingdom's gross domestic product (GDP). He said that the 2022 budget is essential to respond to the impacts of COVID-19, restore economic growth, and ensure the success of the commune elections and the success of the ASEAN summits when Cambodia is the host. Pornmoniroth held that the Southeast Asian nation's economy is projected to grow 4.8 percent in 2022 from 2.4 percent in 2021. To meet the expenditure next year, the government is expected to earn a total revenue of 6.3 billion USD next year, up 19.3 percent from this year, the draft budget law said, adding that it has also planned to borrow another 1.6 billion … [Read more...] about Cambodia NA approves draft State budget spending for 2022