Business News

More jobs were created in the third quarter of this year on the back of the country’s economic resurgence, a press conference held by the General Statistics Office (GSO) on October 6 heard.

Credit has given a boost to a number of industries that are serving as the driving force of the national economy like the production and distribution of electricity, gas, hot water and air conditioners; water supply, waste and waste water management and treatment; construction; wholesale and retail; and the maintenance of cars, motorbikes and other motor vehicles.

This was stressed at the seminar titled "Logistics industry before the turning point of digital transformation. Risk management to properly and effectively digitize services", held in Ho Chi Minh City on September 30.

This was stipulated in the newly-issued Decree No.114/2020/ND-CP approved by Prime Minister Nguyen Xuan Phuc. The decree also offers specific guidelines on the implementation of Decree No.116/2020/QH14 regarding the corporate income tax (CIT) reduction.

HCM City plans to complete a number of major transport projects by 2025 that are expected to reduce traffic congestion at city gateways and improve connections to neighbouring provinces.

Among the winners at the Asia-Pacific Property Awards 2020, The Marq is probably the project in Vietnam that is honoured in the most categories, including three prestigious 5-star awards.  

In HCM City, in the past two years, there have been no new projects completed. Apartment prices have been increasing sharply at an average of 5-7 per cent, even 10 per cent in some areas. In essence, investors will pour money into a market with good profitability and low prices.

They are required to arrive one day before the start of their work - only experts and other indispensable personnel working for foreign agencies and family members of Vietnamese citizens are currently issued visas - and are only allowed to work if they test negative, the Ho Chi Minh City Center for Disease Control and Prevention said.