An office in HCM City. The city’s office market witnessed positive signs in the first half. — Photo tphcm.chinhphu.vn HCM City’s office market witnessed its first positive signs in the first half of this year since being affected by the COVID-19 pandemic for the previous two years, experts said. A report from CBRE said that for leasing, relocation accounted for more than 50 per cent of total transactions, and the remaining transactions were for expansion, renewal and new letting, at about 27 per cent, 12 per cent and 10 per cent, respectively. There were no more contractions as there were in 2020 and 2021, the company said. In the first half, the company said, there was one new Grade B office building, CMC Creative Space in District 7. The total net leasable office supply in HCMC was roughly 1.5 million sqm. The average vacancy rate of Grade A decreased by 1.6 percentage point quarter-on-quarter and 2.1 percentage point year-on-year to 10.1 per cent, mainly due to major … [Read more...] about HCM City office market recovers
Monthly attendance percentage formula
Employers expect hiring to increase in H2
The study found that 61 per cent of the surveyed businesses plan to increase their headcounts, while 27 per cent will maintain their workforce. Manufacturing and processing to account for the strongest recruitment Manufacturing and processing toped the industries planning to increase recruitment within the next six months with 19 per cent, followed by wholesale, retail, and trading (12.7 per cent), professional consulting services (9.5 per cent), banking and finance (9.5 per cent), construction (6.4 per cent), food and beverage, hospitality, and leisure (6.4 per cent), and real estate (6.4 per cent). Vietnam's hiring intentions for H2/2022 The most in-demand job levels include executive and junior levels (49 per cent). The runners-up are blue-collar workers (24 per cent), senior management (18 per cent), C-suite (5 per cent), and fresh graduates without experience (4 per cent). The survey also reveals that over 70 per cent of the surveyed companies have … [Read more...] about Employers expect hiring to increase in H2
Quang Ninh promotes consumption of local products in domestic market
At Go! supermarket in Ha Long, Quang Ninh - Illustrative image (Photo: VNA) Quang Ninh (VNA) – The northeastern province of Quang Ninh has implemented many practical programmes to promote the consumption of local product s in the domestic market . The province took the move in implementing Directive 03-CT/TW dated May 19, 2021 of the Party Central Committee’s Secretariat on intensifying the Party’s leadership over the campaign of “Vietnamese people prioritise using Vietnamese goods” in the new stage; and the Prime Minister’s Directive 28/CT-TTg dated October 26, 2021 on bolstering the implementation of the campaign. In the first seven months of 2022, the province’s Department of Industry and Trade has organized or participated in 11 trade promotion events in and outside the province. This included one provincial-level event - the Quang Ninh Summer OCOP (One Commune – One Product) Trade Fair, which featured nearly 300 booths; and three district-level fairs. The … [Read more...] about Quang Ninh promotes consumption of local products in domestic market
Parts of China’s Hainan extend Covid lockdown, Lhasa in Tibet tightens curbs
Under the "dynamic Covid zero" policy that aims at quickly stopping each outbreak from spreading, local governments have imposed shorter lockdowns where people were barred from unnecessary movements for a few days or weeks until clusters were contained within narrower areas. Such lockdowns were less painful than the two-month virus battle fought by Shanghai in the spring, but the growing spread of Omicron across China may lead to more cities made subject to such measures along with the potential disruption to local businesses. In the southern province of Hainan, currently the worst-hit Chinese region, two cities, Dongfang and Chengmai, with a total population of around 900,000, said on Friday they would add days to the lockdowns on their residents, prolonging what were previously scheduled for three to four days to around a week. Hainan's provincial capital Haikou on Friday put its 2.9 million population in a lockdown between 0700-1800 local time, following similar restrictions … [Read more...] about Parts of China’s Hainan extend Covid lockdown, Lhasa in Tibet tightens curbs