INVITATION TO THE ANNUAL VIETNAM BUSINESS FORUM 2020
The Vietnam Business Forum Consortium in collaboration with the Ministry of Planning & Investment and the World Bank Group will be holding our top-level policy dialogue between the Government of Vietnam and business community, at 7:30AM – 11:15AM on October 15th, 2020 in Hanoi.
LATEST GUIDELINES FOR MEDICAL SURVEILLANCE OF ARRIVALS TO VIET NAM
Upon arrival, inbound travellers are requested to show the certificate of a negative COVID-19 RT-PCR test, shall receive temperature screening and undergo quick COVID-19 test at port of entry (if any). Inbound travellers will then be taken to quarantine facility as they have registered before departure.
CITY GARDEN JSC PARTNERING WITH SWIRE PROPERTIES ON “THE RIVER” IN HO CHI MINH CITY
Located in the heart of the Thu Thiem new urban area – on Crescent Boulevard, Primary Ring Road – The River is a gated condominium development comprising three residential towers offering a total of 525 luxury apartments. Nestled on the Saigon River, this project boasts 100-meters of water frontage and sits adjacent to four hectares of lush riverside landscaped public park.
CAN STOCKS KEEP MOMENTUMS?
The Vietnamese stock market strongly advanced and become one of the best performers in the world in August when the VN-Index added 10.4%. According to Viet Dragon Securities Corporation (VDSC), August momentum and expected fresh foreign cash flows can help the gauge surpass the 900-point threshold achieved in June and possibly reach 920 points in September 2020.
SEAPORT COMPANIES LESS AFFECTED AMID PANDEMIC
According to Sacombank Securities Joint Stock Company (SBS), due to the pandemic, port throughput has decreased in growth momentum compared to previous years as exports to Europe and the US fell sharply. Key products such as apparel and leather shoes witnessed orders fall more than 50 per cent.
INCOMING TRAVELLERS REQUIRED TO PAY CONCENTRATED QUARANTINE FEE
People who enter Viet Nam and are subject to concentrated quarantine shall have to pay VND120 (US$5.2) per day, according to a proposal on quarantine fees approved by Prime Minister Nguyen Xuan Phuc.
COVID-19 WOES: FOOTWEAR EXPORTS LIKELY TO FALL SHORT OF TARGET
Footwear exports this year are unlikely to hit the target of US$24 billion because of the fallout of the Covid-19 pandemic, according to the Ministry of Industry and Trade.
HCMC DOUBLES NUMBER OF HOTEL ROOMS FOR COVID-19 QUARANTINE
Seventeen more hotels in HCMC have been designated as paid quarantine facilities, taking the total number to 25 and doubling the number of rooms available to over 2,300.
