Want to be in the loop?
subscribe to
our notification
Business News
HCMC GYMS, PUBS, BEER CLUBS REOPEN, BARS REMAIN CLOSED
HCMC authorities have allowed some non-essential businesses like gyms, fitness centers, pubs, and beer clubs to reopen on Tuesday after the city went 26 days without Covid-19.
But bars, dance clubs and karaoke parlors will remain closed until further notice.
Catholic churches are also allowed to hold daily mass and other religious rites.
Most non-essential services had resumed operations on March 1 after nearly a month of closure though they have to ensure a minimum social distance of one meter.
Eating places cannot admit more than 30 people at a time.
People’s Committee Vice Chairman Duong Anh Duc warned however that the city faces a potential risk of transmission by illegal entrants. Last week police officers found 40 Chinese nationals who had illegally entered the country following raids on hotels in Districts 1 and Go Vap.
The hotels will be fined for failing to report to local authorities.
In the latest outbreak, HCMC has had 36 cases of Covid-19.
It is conducting random tests and monitoring people coming from infected areas to contain the spread.
Vietnam has reported 893 cases in 13 cities and provinces in the latest outbreak.
Source: Vnexpress
Related News
CUSTOMS BUDGET REVENUE EXPERIENCES 3% DECLINE IN Q1
Vietnam’s import and export value reached a total of US$145.59 billion in the first quarter (Q1) of 2024, marking a year-on-year growth of 18.2%. However, the customs budget revenue saw a 3% year-on-year decline, amounting to VND71,520 billion in the quarter, thereby achieving 19.1% of the full-year target.
RAPID LAW IMPLEMENTATION MAY PROPEL MARKET FORTUNES
“Investors and developers are looking forward to the implementation of the new law, which will remove obstacles for a range of projects that are struggling due to stalled procedures and lack of legality. For them, the earlier the better,” he said.
NATION URGED TO BUILD ON ECO-IP MODEL
Industrial parks (IPs) involved in an initiative that aims to help push them into the realm of being classed as eco-parks have seen improvements across a string of indicators, according to a review event in Ho Chi Minh City last week.
YEN LU INDUSTRIAL PARK: NEW DESTINATION FOR INVESTORS
Bac Giang is a destination chosen by many domestic and foreign investors thanks to its locational advantages and its most opening and favorable investment policies. Assisted by local authorities, Capella Land Joint Stock Company has effectively invested in industrial zones, especially Yen Lu Industrial Park - a new destination for investors, to contribute to the province’s success in investment attraction.
OPTIMIZING LEGAL AND REGULATORY FRAMEWORKS FOR EFFICIENT PUBLIC INVESTMENT DISBURSEMENT
According to the Ministry of Planning and Investment, a 1% increase in public investment raises GDP by 0.058%, and each VND1 disbursed stimulates an extra VND1.61 from the non-state sector. However, plan implementation often falls short at around 80% annually, despite government efforts.
NATION URGED TO BUILD ON ECO-IP MODEL
For the 2020-2024 project, three IPs were selected for the transformation including Deep C Industrial Zones in the northern city of Haiphong, AMATA City Bien Hoa in the southern province of Dong Nai, and Hiep Phuoc IP in Ho Chi Minh City. Over the last four years, the level of compliance with the international framework on eco-IPs for all pilot complexes has increased in terms of environment, economy, and management.