vietnam-news-highlights---july-2021

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VIETNAM NEWS HIGHLIGHTS - JULY 2021

The fourth wave of COVID-19 in Vietnam is longer and much more serious than previous ones said Nguyễn Thanh Long - Vietnam's Health Minister. Many cities in Vietnam have imposed 15 days of social distancing measures under the strict Directive 16 of Vietnam's Prime Minister.

1. Vietnam Business Operations and the Coronavirus: Updates

Vietnam Briefing

This article will be updated as further developments in Vietnam become available.

2. IMF maintains Vietnam GDP forecast at 6.5% in 2021

Hanoi Times

Vietnam remains on track to be the fastest-growing economy in Southeast Asia.

3. Vietnam will be studying and trialing the use of digital currency

Vietnam Insider

The State Bank of Vietnam will be in charge of studying and trialing the use of virtual money from this year until 2023 as part of key objects in mastering core technologies, according to a government decision.

4. Vietnam signs contract of third PPP section of North-South Expressway

Vietnam Investment Review

The Ministry of Transport, DeoCa Group, and a consortium of investors on July 30 signed a build-operate-transfer (BOT) contract for the Cam Lam-Vinh Hao section of the Eastern Cluster of the North-South Expressway.

5. New parliament re-elects PM Pham Minh Chinh

VNExpress

Pham Minh Chinh has been re-elected Vietnam’s prime minister for the 2021-2026 term by the newly-formed legislative National Assembly (NA).

Pham Minh Chi sworn in as Vietnam's Prime Minister - Photo: VTV

6. Germany says to provide Vietnam with 113.5 million euros in ODA

The Saigon Times

HCMC - The German Government has pledged to provide Vietnam with a total of over 113.5 million euros in official development assistance (ODA), including 50 million euros in ODA loans and another 63.559 million euros in non-refundable aid for 14 technical assistance and investment projects in the country this year.

7. Vietnam named first time among world’s top 20 host economies for FDI

Hanoi Times

Vietnam for the first time was named 19th among the world’s top 20 host economies for foreign direct investment (FDI) in 2020 with an inflow of $16 billion, an improvement of five places against last year’s ranking, according to the UN Conference on Trade and Development (UNCTAD).

8. Vietnam, EU review bilateral trade deal implementation

Vietnam Investment Review

Minister of Industry and Trade Nguyen Hong Dien and European Commission Vice-President and EU trade commissioner Valdis Dombrovskis have co-chaired the first meeting of the EU-Vietnam Free Trade Agreement (EVFTA)'s Trade Committee.

9. Seaport double H1 profits despite pandemic

VNExpress

Seaports earned pre-tax profits of over VND1 trillion ($42.9 million) in the first half of the year, double that of the same period in 2020.

news relative

Ho Chi Minh City plans to resume all economic activities after January 15, 2022, what should enterprises do to re-start their business?

By cafef.vn, HCMC plans to reopen all economic activities after January 15, 2022 in a three-phase roadmap through a so-called “Covid-19 card”. In addition, the City also offers many solutions to support enterprises recover their business and manufacturing after the Covid-19 pandemic.

Co-working Spaces vs. Shared Workspaces. What's the Difference?

If you are looking for a place to work away from home, then coworking spaces and shared office spaces are two popular options to choose from. However, people often mistake the two interchangeably. It is important to distinguish one from another to make an informed decision so keep reading to understand their differences.

Why Are Offices Still Important in the Digital Age?

New technologies are changing the way companies work and compete with each other. Technology is not only affecting how companies work but have made an impact in working spaces too. In the past three years, we have seen growing trends of open workspaces and even virtual offices. Although the concepts of virtual offices and open workspaces have some merits and may cater to the needs of working, the traditional concept of ‘the office’ retains many of its benefits

Vietnam to Increase Regional Minimum Wage from July 2022

Vietnam will increase regional minimum wages by approximately 6 percent from July 1, 2022. The increase varies from US$140 to US$202 depending on the living expenses in a particular region. Businesses should prepare their budgets given the short notice and incorporate the increased HR costs from July 1 and beyond going forward.

Napping at Workplace and its Benefits

Once considered a taboo, Napping on the job is now promoted due to its several benefits. Today, more and more companies are encouraging employees for a mid-shift snooze.

Why should Startups consider starting with a serviced office instead of a traditional one?

Unlike traditional office spaces, a serviced office is usually divided into smaller private offices leased out to different individuals and businesses, so the serviced office is like a mixture of a traditional office and co-working space, where you can benefit both community and privacy.

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