vietnam-news-highlights---june-2021

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VIETNAM NEWS HIGHLIGHTS - JUNE 2021.

Vietnam has progressively put in place a range of social distancing and movement restrictions since the fourth wave of COVID-19 struck, which will have long-term and inequitable impacts on its economy. However, in comparison with other countries in the region, Vietnam has been the least hit and is expected to be the fastest economy to recover.

1. Vietnam business operations and the coronavirus: Updates

Vietnam Briefing

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

2. FDI inflows remains spotlight of Vietnam's economy

Hanoi Times

The government has set up an FDI task force to support multinationals and foreign businesses grasping investment opportunities in Vietnam.

3. Apple partner to invest additional US$101 million in Vietnam

Hanoi Times

A number of Taiwanese investors are interested in investing in Vietnam.

4. VN-Index continuously sets new peaks, reaching 1400 points today.

Vietnam Insider

The stock market in the first session of the week on June 28 rebounded strongly, the VN-Index officially surpassed the "dream" mark of 1,400 points to the surprise of many investors.

5. Vietnam prepares to pilot vaccine passports

The Saigon Times

HCMC - The Ministry of Culture, Sports and Tourism is compiling a plan to receive international tourists holding vaccine passports to Phu Quoc Island, Kien Giang Province.

6. Vietnam offers best opportunities for European companies

Vietnam Investment Review

About 60 per cent of European companies working in ASEAN say Vietnam offers the best expansion opportunities in the region, according to a survey conducted by Standard Chartered Bank.

7. HCMC green-lights $29.8 bln public spending

VNExpress

The HCMC People’s Council has approved an outlay of VND687 trillion ($29.8 billion) for spending on transportation, flood prevention, the environment, and hospitals in 2021-25.

An Phu Intersection in Thu Duc City, HCMC, April 2021. Photo by VnExpress/Quynh Tran.8. Vietnam and Canada Trade: Leveraging the CPTPP

Vietnam Briefing

Vietnam-Canada trade relations reached almost US$9 billion in 2020, an all-time high, thanks in part to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed in 2018.

9. Vietnam’s Binh Dinh Industrial Zone: Opportunities for Foreign Investors

ASEAN Briefing

The local government in Vietnam’s Bin Dinh province approved the construction of an industrial zone in 2020. The industrial zone will be known as the Becamex Binh Dinh Industrial Zone Project.

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VIETNAM NEWS HIGHLIGHTS - NOVEMBER 2021

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.

9 tips for maintaining a healthy work-life balance

Maintaining a work/life balance is easy when you’re a sole trader, right? You typically work from home and you have no one else to answer to, so it should be easy to switch off. Unfortunately, that’s not always the case. In fact, many home-based sole traders struggle to strike a healthy work/life balance because the lines are more blurred.

Starting off your first office? Here’s what you should consider….

Moving into your first office is a milestone that can help your business to set up and thrive, but when it comes to commercial office lease, it is a complex and lengthy process. Therefore, before making the final decision you will need to carefully consider a lot of things, and here are some important tips to follow throughout the leasing process to make the leasing process go more smoothly.

Serviced Office Global Market Report 2022

The global serviced office market is expected grow from $27.83 billion in 2021 to $33.30 billion in 2022 at a compound annual growth rate (CAGR) of 19.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $64.06 billion in 2026 at a CAGR of 17.8%.

Virtual Office vs. Shared Office – Which is best for your workspace needs?

A large number of organizations, especially entrepreneurs and small business owners in Vietnam are now looking for workspace options with great flexibility but still minimizing their operation costs, and as a result, virtual and shared offices have incredibly increased in popularity. Both two types of offices can save your business the cost and hassle of setting up an office from scratch, but do you know which one is best for you?

HCM City’s office space market rebounds strongly

Office space for lease in Ho Chi Minh City in the first half of 2022 continued to make a recovery with a total net absorption area of about 21,000 sq.m, equivalent to 38% of 2021, although the new supply remained limited, according to real estate firm CBRE.

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