FREE STAY PERMIT WAIVERS EXTENDED UNTIL SEPTEMBER 30
Foreigners who entered Việt Nam from March 1 can have their temporary stay permits automatically extended for another month until September 30, the Immigration Department announced on Monday.
BA RIA - VUNG TAU AMONG TOP LOCALITIES IN FDI ATTRACTION DURING 2016-2020
The southern province of Ba Ria - Vung Tau was one of the leading localities in attracting investment during 2016-2020, Director of the provincial Department of Planning and Investment Nguyen Cong Vinh has said.
FIRST INT’L COMMERCIAL FLIGHTS MAY BE RESUMED SINCE MID-SEPTEMBER
The Ministry of Transport will convene a meeting on September 1 with the participation of representatives from the Ministry of Foreign Affairs, Ministry of National Defense, Ministry of Health, and Ministry of Labor, Invalids and Social Affairs to discuss the plan in detail, especially quarantine work.
INFOGRAPHICS: ADMINISTRATIVE FINES ON VIOLATIONS OF COVID-19 CONTAINMENT MEASURES
Administrative fines on violations of COVID-19 containment measures.
BANKS CONTINUE DEPOSIT RATE CUTS
A report from SSI Securities Corporation showed that last week, four major commercial banks with State holdings lowered their deposit rates by 30-40 basis points for tenors from six to less than 12 months, and kept the rates of long-term savings unchanged. Some other commercial banks reduced the rates of all tenors by some 20 basis points.
HONG KONG FEDERATION LINKEDIN PAGE
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TEXTILE AND GARMENT EXPORTS SET TO CONTINUE DECLINING
The Việt Nam Textile and Garment Group (Vinatex) forecasts Việt Nam's textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.
HOSPITALITY TURNS HEADS OF JAPANESE INVESTORS
According to Savills Vietnam, the performance of hotels has been hugely impacted by COVID-19. Average occupancy has dropped to approximately 20 per cent across the first half, which has put financial pressure on hotel owners, especially at new hotels.
