Business News

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ADDITIONAL FISCAL MEASURES TO DRAW ALONG HARD-HIT STAKEHOLDER GROUPS

Prime Minister Nguyen Xuan Phuc has ordered the Ministry of Finance (MoF) to design a huge fiscal deal many times higher in value than the existing package of VND80.2 trillion ($3.49 billion) carved in the draft decree on extending payment of taxes and land rental which the ministry submitted to the government for approval.

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MORE SECTORS TO BE ELIGIBLE FOR TAX, LAND LEASE PAYMENT EXTENSION

After collecting feedback from ministries, agencies and localities, Minister of Finance Dinh Tien Dung on April 3 signed Official dispatch No.3915/BTC-CST to submit to the Prime Minister about opinions on the draft Decree on tax and land lease payment deadline extension.

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LIN’S COVID-19 COMMUNITY FUND SURVEY

Our goal is to understand the needs from nonprofit partners during the Covid-19 pandemic, understand support capacity of companies and donors, in order to consider the possibility of setting up a COVID-19 RESPONSE COMMUNITY FUND to support local nonprofit organizations that are directly or indirectly affected by the Covid-19 pandemic. This fund will be then distributed to organizations in need.

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REAL ESTATE MARKET HAS LOWEST TRANSACTION VOLUME IN Q1: VARS

The domestic real estate market in the first quarter had the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, Việt Nam Association of Real Estate Brokers (VARS) said.

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GOV'T ISSUES INSTRUCTIONS ON IMPLEMENTATION OF STAY-AT-HOME ORDER

The Government Office late Friday issued a document detailing the instructions on the implementation of Prime Minister’s Directive 16 regarding a 14-day nationwide stay-at-home order and social distancing measures starting April 1 to deal with the COVID-19 pandemic.

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SOCIO-ECONOMIC SITUATION IN THE FIRST QUARTER OF 2020

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

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WEBINAR INVITATION: INTELLIGENT STERILIZATION ROBOT (ISR) TO ENSURE A VIRUS-FREE WORK ENVIRONMENT – 9 APRIL 2020

Workplace hygiene is of utmost importance in this COVID-19 season. IDHKBA is inviting Time Medical to share about their ISR in the coming webinar. Time Medical is a Hong Kong company which develop the world’s first intelligent robot which has integrated both vaporization disinfection feature and UV-C disinfection in one robot. This ISR is now serving in Hong Kong International Airport to ensure a hygiene environment for everyone.

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GOVERNMENT CONSIDERS 2.6 BILLION USD SUPPORT PACKAGE FOR VIETNAMESE HIT BY COVID-19

Minister of Planning and Investment Nguyen Chi Dung submitted a relief package worth 61.58 trillion VND (2.6 billion USD) to help those most affected by the COVID-19 pandemic at the meeting of permanent Government members on April 1.

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GUIDELINES ON EXTENSION OF FOREIGNERS’ TEMPORARY RESIDENCE DUE TO COVID-19

The Viet Nam Immigration Department has issued guidelines on extension of temporary residence for foreigners in Viet Nam who are unable to exit Viet Nam to return home due to the outbreak of COVID-19.