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BANKING / FINANCE / INSURANCE / TAX

MINISTRY TO HALT MARKET TRADING IN EMERGENCY CASES

In a written response to the Viet Nam Financial Advisory Association, the Ministry of Finance said amid the prolonged COVID-19 pandemic and rising tensions between the world’s largest economies, global stock markets were becoming more vulnerable and sensitive to bad news.

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HOSPITALITY / TOURISM / ENTERTAINMENT

AIR CARRIERS PETITION VIETNAM GOVERNMENT TO REOPEN SOME INTERNATIONAL ROUTES

In the petition, the association requested the government to issue a protocol for the pandemic prevention and infection control in air transport and apply it to air travelers to ensure flight safety.

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BANKING / FINANCE / INSURANCE / TAX

CENTRAL BANK TO ADJUST MONETARY POLICIES TO WEATHER PANDEMIC

Under a recent directive, SBV Governor Lê Minh Hưng said the COVID-19 outbreak would continue to be unpredictable, which could push the global economy into a deeper recession and have a heavy impact on the Vietnamese economy due to its deep economic integration.

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HOT NEWS

PM CALLS ON CITIZENS TO USE COVID-19 TRACKING APP

As of August 11, as many as 15.7 million people downloaded Bluezone, in which Da Nang City, the nation’s current biggest COVID-19 hotspot, took the lead  with 34.13% of smart phone users installing the app, followed by Ha Noi 23.83%, Quang Ninh Province 22.61%, Ho Chi Minh City 22.05% and Bac Ninh Province 17.84%.

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VIETNAM BUSINESS FORUM / QUESTIONNAIRE

MOLISA'S DRAFT DECREE GUIDING LABOR CODE ON LABOR DISPUTE SETTLEMENT

1. Draft Decree detailing a number of articles of the Labor Code on labor management, labor contracts, wages, labor discipline, material responsibility.
2. Draft Decree detailing a number of articles of the Labor Code on labor dispute settlement.

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PROPERTY / INDUSTRIAL ZONE

FOREIGNERS PURCHASED ABOUT 16,000 REAL ESTATES IN VIETNAM

Foreigners have bought some 16,000 housing properties across the country since they were allowed to do so in 2015, according to the Ho Chi Minh City Real Estate Association (HoREA).

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GARMENT / TEXTILE

TEXTILE, FOOTWEAR COMPANIES CONFIDENT THEY CAN COPE WITH THIS COVID-19 WAVE TOO

Armed with experience from coping with the first wave of the COVID-19 epidemic, many textile and footwear enterprises are quietly confident they can alter their plans as required and find new markets to cope with the second.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAMESE LOGISTICS IN HIGH NEED OF YOUNG TALENT

The Vietnam Young Logistics Talents 2020 contest was officially kicked off in early August and will last until December as part of the effort to deal with the difficulty and to raise people’s awareness about the importance of logistics development in economic development.


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