HCM City to implement third relief package worth 7.3 trillion VND Ho Chi Minh City will carry out the third relief package worth 7.3 trillion VND (around 320.7 million USD) sourced from the local budget to help more households and informal workers affected by the COVID-19 pandemic, said Vo Van Hoan, Vice Chairman of the municipal People’s Committee. Speaking at a press conference held by the city’s Steering Committee for COVID-19 Prevention and Control on September 20, Hoan said given complicated developments of the COVID-19 pandemic in the city and prolonged social distancing, people face more difficulties due to job loss and having no income. Therefore, in addition to the social security relief packages of the city's Vietnam Fatherland Front Committee and other organisations and individuals, the municipal People's Committee continues to implement the third relief package to help ease difficulties for local residents. According to reports from the People's Committees of … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 21
Toyota 80 000 mile service
A shipper has his papers checked in HCM City. Delivery companies will have to test their shippers with rapid-antigen test kits provided by the city health sector. — VNA/VNS Photo Delivery service companies will have to test their staff with rapid antigen tests provided by the health sector, and update the testing results into the city’s shared database beginning Friday (Sept 24). The city’s Department of Health will provide tests to each company based on the number of shippers registered with the city Department of Industry and Trade. Pooled samples from three people will be tested every three days. This week, businesses are training their shippers in how to do the test and how to input data on testing results on apps set up by companies or provided by the Department of Information and Communications. Any shipper failing to get the test as required will not be allowed to operate. The number of shippers registered with the city’s Department of Industry and Trade surged after … [Read more...] about Delivery companies to test staff with rapid antigen tests starting on Friday
Retail consumption - financial services – telecommunications and essential services on digital platforms are estimated to account for 80 percent of the Vietnamese consumer’s wallet. To Masan, the integration of telecom solutions and useful technologies into the ‘Point of Life’ platform will boost consumer benefits by delivering a user-friendly experience and optimal performance. Therefore, Masan recently acquired 70 percent of Mobicast to mark its official entry into the telecom and digital service sectors. This is a strategic step of the company to build a complete ecosystem of its own and transform the retail consumer industry. Why did Masan decide to launch Reddi as a Mobile Virtual Network Operator? MVNOs (Mobile Virtual Network Operators) are wireless communication service providers that do not have their own frequency spectrum allocation or the wireless network infrastructure. MVNOs partner with traditional Mobile Network Operators (MNO) to use their wireless network … [Read more...] about Entering into telecommunications sector, will Masan adopt Reliance Jio model in Vietnam?
Healthy competition crucial for e-commerce logistics The rapid growth of e-commerce is driving unprecedented demand for e-commerce logistics services in Vietnam. However, the growth of the sector is constrained by regulatory obstacles that impede competition in this industry, reducing efficiency and driving up costs for businesses. Ninja Van, established in Singapore, is one of Southeast Asia’s fastest-growing last-mile logistics companies. After successfully operating in Singapore and Malaysia, Ninja Van entered the Vietnamese market on a trial basis in late 2016 and formally began operations in 2018. The company has quickly scaled up its presence in the country. Despite its success, the group’s Vietnamese CEO Dzung Phan told VIR that the company has encountered a few hurdles related to compliance and following the law in the logistics industry. Some companies provide e-logistics services without registering or registering under a different industry, which causes unfair … [Read more...] about Healthy competition crucial for e-commerce logistics
Many restaurants in Hanoi cleaned up overnight to prepare for their business resumption after more than 50 days of lockdown. Photo: Duc Thanh Since early September, Ho Chi Minh City has allowed food and beverage (F&B) businesses to provide takeaway services from 6am to 6pm. To ensure that pandemic prevention measures are met, the city has requested such businesses to also apply the stay-at-work model, with continuous coronavirus tests for their staff every two days. Despite the green light, many F&B businesses in the city remain careful. Harry Ang, founder of the Singaporean restaurant chain Lion City told VIR, “It’s a good decision to extend the lockdown and utilise more time for planning the next steps to prevent another outbreak. We have been preparing well, as we know that life will never be the same again. All plans have to be carefully executed according to prevention protocols.” He added that he agrees with the local authorities on COVID-19 tests as a good way … [Read more...] about F&B groups breathe sigh of relief after relaxation of social distancing protocols
As part of the development strategy of the Vietnamese Central Coast under which the government and the city People's Committee will develop this key economic zone, Phat Dat Real Estate Development JSC (HSX: PDR) has completed the formalities to officially own the 3-frontage "diamond landbank" on the busiest and most luxurious intersection in central Danang city. The 3,000-square-metre property is located on Bach Dang Boulevard and owns the other two frontages facing Tran Phu and Le Hong Phong streets. This junction is considered to be the hub of economic, diplomatic, cultural and entertainment activities in Danang. The project owns the central position of all economic, diplomatic, cultural and entertainment activities in Danang With its location, the project offers easy connectivity to the city's arterial roads and bridges crossing the Han River, such as Han River Bridge, Dragon Bridge, and Tran Thi Ly Bridge. These are all critical infrastructure works that … [Read more...] about Phat Dat acquires “diamond” landbank with three road frontages in the heart of Danang