Want to be in the loop?
subscribe to
our notification
Business News
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.
Accordingly, from March 12, travellers from these countries will have to apply for visas issued by the overseas Vietnamese embassies and consulates.
In addition, citizens from countries with more than 500 confirmed COVID-19 cases or more than 50 new cases a day may also expect visa-free travel to be suspended.
Vietnam has announced this decision to the relevant countries and will continue to liaise with other nations, international organisations, and partners in preventing and controlling the disease.
This is the next measure in the Vietnamese government’s efforts to enhance the containment of COVID-19.
Vietnam has temporarily suspended visa waivers for Korean nationals from February 29 and Italian citizens from March 3 as these countries have seen the stronger outbreak of COVID-19.
As of March 11, the novel coronavirus has reached 119 countries and territories across the globe. At the time, Vietnam confirmed a total of 39 COVID-19 cases, 16 of which have been cured and discharged from hospital.
Starting from March 10, all Vietnamese citizens and foreigners who are currently living in Vietnam, or are entering the country, are required to complete health declarations via a website or mobile apps.
Developed by the Ministry of Information and Communications and the Ministry of Health in collaboration with domestic tech firms, the NCOVI app was designed for Vietnamese and Vietnam Health Declaration is for internationals. App users can update and keep track of their health status on a daily basis, in addition to reporting suspected cases of infection in their neighbourhood.
Paper-form health declarations are also available for arrivals.
Those with symptoms like coughing, fever, shortness of breath, and fatigue are required to be examined and quarantined.
Source: VIR
Related News
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
EXPLORE HONG KONG WITH A COMPANION
From now until 19 August 2024, you can enjoy our exclusive Fly 2 Hong Kong offer on round-trip Economy flights from USD364^ for 2 persons, sponsored by Hong Kong International Airport. Bring along a travel buddy and experience together the excitement and charm of our vibrant home city.
![Card image cap](/uploads/news/Factory%201.jpg)
BUSINESSES INCREASE WISHES FOR SPECIALISED INDUSTRIAL PARKS
Data centres, industrial parks (IPs) reserved for high-tech production, and parks serving Chinese, the United States, Taiwanese, or Japanese investors are gradually being formed to welcome new funding waves, according to Truong An Duong, general manager of North Vietnam and Residential at Frasers Property Vietnam.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/Investment6.jpg)
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.