Accordingly, the HCMC Transportation Works Construction Investment Project Management Authority will be the investor of the project, which requires an estimated US$143 million, with US$123 million of it to be borrowed from the World Bank’s International Development Association and over US$20 million coming from the city’s reciprocal capital. … [Read more...] about HCMC to start work on green traffic project late this year
Quarters this year
New economic priorities for a new year
“I have heard some difficulties of South Korean companies in applying for licenses in Vietnam. Under COVID-19, the government has implemented various favourable policies to support companies to overcome the pandemic’s economic situation,” said KorCham chairman Kim Han Yong. “However, licensing for some large South Korean projects in Hanoi and Ho Chi Minh City have been delayed due to lack of clear legal instructions and this caused many difficulties. So we sincerely hope the government will understand this situation, and clarify guidance of regulations to local authorities.” … [Read more...] about New economic priorities for a new year
VIETNAM BUSINESS NEWS JANUARY 16
As Vietnam is doing well in its containment of the CODI-19 pandemic, it is expected the country’s tourism sector will gradually recover in 2021. In this context, enhancing connectivity between tourism service providers and promoting the role of major travel companies are both crucial factors for domestic tourism to reboot itself post-COVID-19. Therefore, more drastic measures are needed to remove the above-mentioned obstacles and increase the efficiency of tourism connectivity, thus enhancing the overall competitiveness of Vietnam’s tourism. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16
Revising 62 trillion VND aid package: Infeasible regulations removed
According to Decision No.447/QD-TTg dated April 1, 2020 of the Prime Minister on the announcement of the COVID-19 in line with Clause 2, Article 1, the COVID-19 outbreak began on January 23 with the first infection case. Therefore, support time expansion suits realities and prevents disadvantages faced by workers who became unemployed from before April 1 to April, May and June. Support period remains no later than three months. … [Read more...] about Revising 62 trillion VND aid package: Infeasible regulations removed
Premature release of prisoners on conditions: Preventing recidivism, ensuring human rights
The family of the persons who are prematurely released from prison on conditions must notify the results of their execution of obligations to the People's Committee of the commune or the military unit assigned to manage these people when they are requested; present at the meeting to review operations of the persons who are prematurely released from prison on conditions as requested by the People's Committee of the commune, the military unit assigned to manage that person... … [Read more...] about Premature release of prisoners on conditions: Preventing recidivism, ensuring human rights
