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.

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VIETNAM REAL ESTATE INVESTMENT MARKET OVERVIEW AND OUTLOOK 2022

The Covid-19 outbreak caused great disruptions to the Vietnam real estate market in the year 2020 to 2021. However, production and business activities have since gradually regained growth momentum, and the Government's policy to push socio-economic recovery and development has shown positive effects since the beginning of this year. In the first 9 months of 2022, Vietnam attracted about US$15.4 billion in foreign investment, up 16.2% over the same period last year. Real estate investment continues to rank second among sectors attracting the most foreign direct investment with over US$3.5 billion received, accounting for 18,7% of the total amount of investment. GDP in the first nine months of 2022 increased by 8.83% over the same period last year, the highest growth in the past decade. This shows that Vietnam is still among the markets with great potential for investment in the Asia Pacific region.

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.

OVERVIEW OF THE OFFICE MARKET IN Q1/2024

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.

What Does “Hybrid Work” Really Mean?

Use the right hybrid work tools The best way to support employees in a hybrid work model is to offer them the right tools. By understanding that each person works differently, hybrid managers have a better chance to avoid a toxic productivity environment and improve employees’ mental health when they work from home. For example, managers can run a survey asking for peoples’ preferred working-hours. Another challenge in hybrid work is decision-making. A project can go badly if employees working from home are not considered in the process. Having a transparent way to communicate across departments can improve team accountability. After all, the main goal is to help people to stay motivated and focused at work.

Must-have items to keep you productive in office

You bundle into the office a couple of minutes before 9 am, with a large coffee in your hand and a look of worry on your face. With deadlines to fulfill and clients to meet, keeping yourself productive throughout the day can become a task in itself. While many of us do actually enjoy our jobs, finding that productive rhythm can be a struggle at times.

CJ BUILDING

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Tel: +84 28 6255 6800 | Fax: +84 28 6255 6801

Email: leasing@cjbuilding.com.vn