Business News

How can Singapore’s economy recover in the wake of this pandemic? How can SMEs owners navigate their business forward? How will Singapore and the ASEAN region restore travel networks?

Vietnam has for the first time been named a “Semi-Transparent” market in the 2020 Global Real Estate Transparency Index (GRETI) by Jones Lang LaSalle (JLL) thanks to the progress in its largest markets, HCM City and Ha Noi. In this year’s biennial GRETI, Vietnam is ranked in 56th position.

Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Việt Nam Free Trade Agreement (EVFTA) takes effect.

In a proposal to Prime Minister Nguyen Xuan Phuc on Tuesday, the ministry suggested resuming flights to Guangzhou, Seoul, Tokyo, Taiwan, Vientiane and Phnom Penh, with the frequency of one trip per week from each side.

As Vietnam is attracting high-quality foreign inflows, domestic firms now have an even greater opportunity to draw technology transfer to improve added value in its manufacturing industry.

Chairman of the province Lê Trí Thanh told Việt Nam News the proposal was made at a meeting with the ministry last week, stating the investment will be put up at auction following the Law on PPP recently approved by the National Assembly.

The experts entered on a special Vietnam Airlines flight from Incheon International Airport with certificates issued by South Korean authorities, accepted by the Vietnamese government, saying they are coronavirus-negative, Haiphong authorities said. They have since been housed in hotels. The flight was the fifth bringing LG engineers to the company’s plant in Haiphong since the pandemic struck.

PM Phuc stressed that the demand for entry into Viet Nam of overseas Vietnamese people, foreign investors, experts, and students have remains high, thus the Government will try to satisfy the demand according to order of priority and domestic quarantine capacity.