The US’s Senate has confirmed that the White House nominee was NASA’s chief financial officer, completing the agency’s senior leadership position last week. The Senate confirmed Margaret Vo Schaus as the agency’s chief financial officer through a voice vote later in the day. The White House nominated her for the position on April 23. Vo Schaus was among the many people nominated by Biden for key roles in the government. Vo Schaus recently served as the director for business operations in the Office of the Under Secretary of Research and Engineering at the Department of Defense, where she “was responsible…
Author: Miley Selena
Belgium, the Czech Republic and Malta have put Vietnam in their travel red list, which requires arrivals to undergo mandatory quarantine. More stories at Vietnam Insider’s homepage. Belgium requires unvaccinated travelers from red-listed countries to submit a negative PCR test done no more than 72 hours before arrival and undergo 10-day mandatory quarantine, while those who have received two doses of a vaccine must get tested on day one or two and remain in quarantine until they test negative. People arriving in the Czech Republic from red zones are quarantined while the island of Malta allows in only vaccinated travelers…
Despite the complicated developments of the Covid-19 pandemic, Vietnam is still chosen by many foreign investors as a destination to build production bases, especially in the electronics industry, according to Fitch Solutions. More stories at Vietnam Insider’s homepage. As many as 65 percent of foreign electronics enterprises set up their production bases in northern localities of Vietnam, while about 30 percent of them built facilities in the southern region, and a few in the central region. Notably, Samsung Group of the Republic of Korea has so far invested over US$17.5 billion in Vietnam, and regularly accounts for more than 20…
In early July 2021, Vietnam reported a third wave of the coronavirus pandemic and that resulted in lockdowns, restrictions and disruption to supply chains and businesses shutdown. Vietnam was one of the few countries in South East Asia to report an economic growth during the pandemic. It is expected Vietnam’s Fund Management Industry can be recovered from the Covid 19 pandemic. Although the Vietnamese authorities tried to regulate the sector, it was reported on International Investment the industry rose 20% year on year. According to the vice chairman of State Securities Commission (SSC) Pham Hong Son, the Vietnamese regulators plan…
Implement the “3 on the spot” option at enterprises that have received the enthusiastic response of workers while maintaining production and business and improving income, and at the same time ensuring Covid-19 prevention and safety. Many businesses have implemented and increasingly replicated this plan. Due to the complicated situation of COVID-19 pandemic, in July 2021, certain areas in Vietnam such as Ho Chi Minh City, Binh Duong Province, Dong Nai Province, Long An Province and other provinces, cities are applicable strict social distancing measures under Directive No. 16/CT-TTg dated 30 March 2020 of the Prime Minister (“Directive No. 16”) in…
An additional 5,149 more Covid-19 infections were confirmed in Vietnam in the last 12 hours, Ho Chi Minh City continued to report the highest number of new infections in the country. The country has so far conducted nearly 10 million Covid-19 vaccine shots, with roughly one million people having received two dose. Visit Vietnam Insider’s homepage for more stories. According to the latest report announced at 6am on Tuesday by Health Ministry 5,144 of the newly-confirmed patients are locally-transmitted cases most of whom were detected in quarantine sites or areas under lockdown in some localities including 2,490 in Ho Chi…
Launching a startup during a global pandemic is challenging, but it’s not impossible. Across various industries, business owners have to adapt their operations to comply with social distancing protocols and stay afloat during an economic downturn. These conditions have made it difficult for many existing businesses to survive and even more difficult for new ones to open. Related: How to start a business in Vietnam as foreigner Launching a new business is a complicated feat in the best of circumstances, and it’s an especially complex process to tackle during COVID-19. Many people might think it impossible to pursue entrepreneurship in…
Vietnam’s benchmark VN-Index shot up 1.37 percent to 1,359.86 points Monday, the highest since July 8, with most blue chips in the green. More stories at Vietnam Insider’s homepage. The index started to surge in the afternoon and closed with an 18-point gain. It has ended in the green in 10 out of the last 11 sessions. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, shot up to a four-week high of VND22.63 trillion ($983.2 million). The bourse saw 271 tickers gain and 97 lose. Vietnam’s benchmark VN-Index shot up 1.37 percent…
REITs or real estate investment trusts own, finance and operate income-producing properties to generate income. Additionally, these entities manage the portfolios of high-value real estate properties. ET’s Kailash Babar explains how you can invest in real estate without putting in a huge sum through REIT and its advantages. Read more: EconomicTimes
In the modern world, Vietnamese women have made significant contributions and played an important role in the development of society. This movement gives a deep meaning for Vietnamese women in traditional craft villages, especially those of minorities, who are a critical factor of socio-economic growth. Not only do they support the local socio-economic growth but these skilful, gentle and industrious women have also relentlessly cherished, preserved and promoted the traditional and cultural values of their hometown through handcrafted products. For these particular reasons, Empower Women Asia has launched a contest named “Vietnamese women and craft villages” to honor the women…