VIETNAM HALTS VISA EXEMPTION FOR EIGHT EUROPEAN NATIONS
The Vietnamese government has decided to suspend its unilateral visa exemption policy for citizens from eight European countries: Denmark, Norway, Finland, Sweden, the United Kingdom, Germany, France, and Spain, which will officially take effect from March 12.
WEEKLY DIGEST FROM HKSAR GOVERNMENT (05.03.2020 - 11.03.2020)
We are pleased to share with you the latest copy of “Weekly Digest” (05.03.2020 - 11.03.2020), which is a weekly round-up of news and information on Hong Kong prepared by the Information Services Department (ISD) of Hong Kong SAR Government.
ENTERPRISES HURT BY COVID-19 PROPOSED FIVE MONTHS TAX PAYMENT LENIENCY
In the draft decree extending the deadline for tax and land rent payment, the Ministry of Finance (MoF) assessed that most industries and sectors, especially micro- and small-sized enterprises, individuals, groups of individuals, production households, and businesses are affected by the COVID-19.
ENCOURAGING SIGNS IN REAL ESTATE ARENA
Due to orders from local authorities to avoid holding public events during the current global coronavirus scare, real estate developers have been delaying their launch ceremonies to introduce products to the market. Buyers are instead seeking information via online channels rather than such events.
GOV’T TEMPORARILY SUSPENDS UNILATERAL VISA EXEMPTION FOR 8 COUNTRIES DUE TO COVID-19 OUTBREAK
The Government has decided to temporarily suspend visa-wavier program for citizens from Denmark, Norway, Finland, Sweden, the United Kingdom, France, Germany, and Spain amid complicated developments of the COVID-19 epidemic.
NOWHERE TO APPLY FOR FUNDING? HKPC’S “SME REACHOUT” HERE TO HELP
Amid difficult business environment, Hong Kong Productivity Council (HKPC) knows SMEs well in the urgent need of cash flow to keep business running. The newly established SME ReachOut Support Team is here to help SMEs through introducing and matching the appropriate funding schemes, getting well equipped to bounce back.
NEWLY ISSUED DECREE 25 UNPLUGS BOTTLENECKS FOR REAL ESTATE PROJECTS
Decree No.25/2020/ND-CP (Decree 25) issued by the prime minister on February 28, 2020 has broken through the biggest obstacles facing real estate projects nationwide in land bidding and implementation.
GOV’T TO SUSPEND GRANT OF NEW WORK PERMITS TO FOREIGNERS FROM CORONAVIRUS-HIT AREAS
Prime Minister Nguyen Xuan Phuc requested the Ministry of Labor, Invalids and Social Affairs to temporarily suspend grant of new work permits to foreigners who come from novel coronavirus hit areas.
