Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM IMPOSES NATIONWIDE DISTANCING: NO PUBLIC GATHERING OF MORE THAN TWO
Vietnam government has ordered a strict social distancing measure starting Wednesday, in which people are restricted from leaving their homes and public gatherings of more than two persons are not allowed.
The measure would last for 15 days, according to a directive issued Tuesday by Prime Minister Nguyen Xuan Phuc. "The principle is that each family isolates itself with other families, one village to other villages, one commune to other communes, one province to other provinces," it said.
Factories must maintain safe distances, perform disinfection, and their employees must wear masks to prevent infection, it added.
People should only leave home in emergency cases, such as to buy food and medicine, or to work in essential factories and businesses.
People must keep distance of at least two meters from each other and inform the authorities of their health status and perform measures to protect their families' and their own health. Business leaders would be responsible for deploying disease prevention measures at their own businesses to keep their employees healthy.
Ministries and local authorities must spend all their resources to contain Covid-19 outbreak areas, such as Hanoi's Bach Mai Hospital or Saigon's Buddha Bar & Grill.
Source: Vnexpress
Related News
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.
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.
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.
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.
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.
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.