Foreigners who entered Vietnam from March 1, 2020 can have their temporary stay permits automatically extended for another month until October 31, the Immigration Department announced on September 30.

Only 44,000 foreign visitors arrived in Vietnam during the third quarter of this year, equivalent to just 1% of the figure in the same period last year, the General Statistics Office (GSO) reported on September 29.

VOV.VN - A number of international schools and English teaching centres nationwide are facing the prospect of a shortage of foreign teachers caused by the negative impact of the novel coronavirus (COVID-19) pandemic.

The ASEAN-Korea Centre (AKC) has recently held the 2020 ASEAN Youth Career Mentorship Programme in the form of a teleconference, where many questions regarding visa, labour market and employment were cleared up.

The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.

The Ministry of Justice, in collaboration with the UN Development Programme (UNDP) in Vietnam and the UK Embassy, held a workshop on presentation of the database on the recognition and enforcement in Vietnam of foreign courts’ judgments and foreign arbitral awards.

VOV.VN - By September 20 the total amount of foreign investment capital in new and existing projects through adjustment, capital contribution, and share purchases reached a figure of over US$21 billion, equal to 81.1% from last year’s corresponding period, according to the Foreign Investment Agency.

VOV.VN - Plenty of Vietnamese consumers are willing to spend millions of VND in order to purchase expensive foreign fruit which is currently popular within the local market.

“Stimulating tourism demand – Experiencing safe, attractive Vietnam” was theme of a conference co-hosted by the Ministry of Culture, Sport and Tourism’s Vietnam National Administration of Tourism (VNAT) and newswire VnExpress in Hanoi on September 24.

A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment.