Embark On “Wellness To Go” Activities at Pacific Place and Starstreet Precinct This Summer! Experience wholesome wellness activities, workshops, shopping perks and photogenic installations to elevate your urban lifestyle HONG KONG SAR – Media OutReach Newswire – 16 July 2024 – Pacific Place and Starstreet Precinct are excited to unveil …
Read More »VinFast opens first three dealer showrooms in the Philippines
VinFast opens first three dealer showrooms in the Philippines MANILA, PHILIPPINES – Media OutReach Newswire – 16 July 2024 – VinFast has officially opened its first three dealerships in the Philippines, reaffirming its commitment to providing Filipino consumers with modern and smart electric vehicles. Ms. Nguyen Thi Minh Ngoc – …
Read More »Banks permitted to sell investment-linked insurance products
A ban on commercial banks selling investment-linked insurance products has been lifted. A bank staff introduces insurance products to a customer. Instead of banning banks from selling investment-linked insurance products, the Government’s management agencies should focus on the inspection and supervision. Photo baochinhphu.vn HÀ NỘI — Commercial banks can continue …
Read More »Obstacles needed to be removed to promote equitisation and capital divestment: MoF
The Ministry of Finance (MoF)’s experts have stressed the need to remove obstacles in mechanisms and policies to promote the equitisation and divestment of state capital in enterprises. An overview of the six-month preliminary conference of the financial industry held by the Finance Ministry in Hà Nội on July 15. …
Read More »Taxing gold buyers is a tax-on-tax, say experts
Taxing gold purchases so that people ‘love’ gold less needs to be thought out, not just imposed arbitrarily, to avoid a tax on tax, say experts Customers purchase gold rings at a jewellery store. — Photo cand.com.vn HÀ NỘI — The view that it is necessary to tax gold purchases …
Read More »Thai citizens to receive cash in $13.8B stimulus scheme
Thailand will finance a THB500 billion (US$13.8 billion) household handout scheme using the 2024 and 2025 budgets after an inter-agency committee on Monday gave its approval to the funding plan, a deputy finance minister said. The scheme, which would see about 50 million Thais receive THB10,000 ($276) each to spend …
Read More »Hà Nam, RoK cooperate in developing smart urban areas, hi-tech zones
Hà Nam Province’s authority and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) on July 15 signed an MoU on establishing a strategic cooperation framework on smart urban area and hi-tech zone projects in the northern province. At the signing ceremony of the Memorandum of Understanding between the People’s …
Read More »Vietnamese electronics enterprises have low, small position in export supply chain
In the first five months of 2024, the contribution of Việt Nam’s electronic businesses to export turnover reached 31.61 per cent, equivalent to US$49 billion. Workers at an electronics company. — Photo vneconomy.vn HÀ NỘI — Vietnamese electronics businesses participate in the supply chain but with unstable order positions which are low …
Read More »Big firms lack money, small ones lack orders: finance minister
Many businesses are struggling, with large ones lacking money to expand and small ones struggling to secure orders, Minister of Finance Ho Duc Phoc has said. Companies are generally in trouble, and many have shut down this year, he said at a government meeting Monday while reviewing the economic performance …
Read More »VinFast starts construction of new EV plant in Indonesia
Vietnamese electric vehicle (EV) maker VinFast Auto on July 15 began work on its new EV assembly plant in Subang city, West Java province of Indonesia. With an initial investment of around $200 million, the plant will have an annual capacity of 50,000 vehicles. Scheduled to commence operations in the …
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