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.

news relative

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.

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.

Vietnam’s real estate market set for strong growth in remainder of 2022

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.

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.

VIETNAM NEWS HIGHLIGHTS - MAY 2021.

Despite COVID-19, Vietnam's economy has remained resilient. Let's take a look at its good signals in May 2021.

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