By 2030, the income per capita of people from ethnic minority groups is hoped to be raised to half of the national average. The programme also aims to cut the number of poor households to less than 10 per cent of the total number of households, with no hamlets or communes in extremely difficult conditions and 70 per cent of communes in ethnic minority and mountainous areas meeting new rural area criteria. … [Read more...] about VIETNAM NEWS JANUARY 16
Uwc financial aid
Ho Chi Minh City seeks investment for seven major projects
The city has been facing challenges finding investment in such traffic projects because investors do not see the benefits of investing in the projects or are hesitant to invest because they are all done on a massive scale and require a vast amount of capital. … [Read more...] about Ho Chi Minh City seeks investment for seven major projects
Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
“Lower domestic consumption and weak global demand caused by Covid-19 have hurt Vietnam’s economy more than expected. But economic growth will be resilient in 2020, in large part due to the government’s success in controlling the spread of Covid-19,” said ADB Country Director for Vietnam Andrew Jeffries. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
Inbound, outbound travelers may need compulsory Covid-19 insurance
France, for example, replaces refunds with vouchers or similar forms, which have value equivalent to a service in the future. Clients can ask for a refund for unused vouchers after 18 months. This helps reduce financial disputes and maintains demand for travel between clients and businesses, and between businesses in travel supply chains. … [Read more...] about Inbound, outbound travelers may need compulsory Covid-19 insurance
Vietnam determined to reduce GHG emissions by 9 percent in 2030
Financial resources for the implementation of the updated NDC are mobilised from various channels in compliance with the State Budget Law, Public Investment Law, Investment Law, and other relevant legal documents. Mobilisation channels include the state budget (both central and local budgets), international supports, and contributions from the private sector and communities … [Read more...] about Vietnam determined to reduce GHG emissions by 9 percent in 2030