DESIGNATED HOTELS FOR QUARANTINE IN HONG KONG
We would like to inform you that the Designated Hotel Scheme for travellers from countries outside China will be implemented from 22 December 2020. This is to further reduce the chance of cross-infection between guests undergoing quarantine and other local guests in hotels.
FOREIGN INFLOWS FOR VIETNAM’S REAL ESTATE BOUNCING BACK
The first major signs of a resumption of investment activity have emerged in the real estate market with new brand names entering and others expanding their portfolios in Vietnam.
GOV’T CHIEF APPRECIATES ROLE OF VBF IN IMPROVING BUSINESS CLIMATE
The Viet Nam Business Forum (VBF) has teamed up with the Government, ministries, agencies and business community to put forward many practical recommendations and initiatives to help improve the country’s business climate throughout the past 23 years.
TOO MANY ADMINISTRATIVE PROCEDURES FOR PROJECTS HAVING CONSTRUCTION WORKS
Surveys by Vietnam Chamber of Commerce and Industry (VCCI) show that administrative reform, if considered separately in each field, has basically changed positively. However, the responses from businesses through surveys and conferences conducted by VCCI, as well as through many other channels, show that currently, businesses still face troublesome administrative procedures when implementing projects related to many fields, typically construction projects.
INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 9, 2020
1. Experts predict the money market close in 2020
2. 11M State budget revenue down 7.8 pct.
3. Export turnover of many agricultural products exceeds $2 billion
4. Improved rice quality helps export prices rise
5. Many startups fail in 2020 despite big investments
----and more news
HCM CITY SAYS COVID-19 TRANSMISSION UNDER CONTROL
The COVID-19 situation in HCM City is under control following four recent community-transmitted cases, the city Centre for Diseases Control and Prevention has said.
APPAREL, HANDBAG ASSOCIATIONS PETITION GOV’T OVER POTENTIAL TAX IMPOSITION FROM U.S.
The Vietnam Textile and Apparel Association (VITAS) and the Vietnam Leather, Footwear and Handbag Association (LEFASO) have written to the prime minister asking for help due to a high risk of duties being imposed on Vietnamese textiles and footwear imported into the United States.
HCM CITY TO FOCUS ON ATTRACTING FDI INTO TECHNOLOGY-BASED SECTORS
HCM City will step up efforts to attract foreign direct investment by focusing on infrastructure and administrative procedures, with priority given to high-tech projects, a top city official has said.
