Tuesday , November 26 2024

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Novaland goes for $1.2B more capital

Novaland goes for $1.2B more capital

Vietnam’s fourth-largest property developer Novaland wants to increase its capital by VND29.25 trillion (US$1.24 billion) by issuing 1.95 billion shares to existing shareholders, and another 975 million in private placement. Novaland’s existing shareholders would receive the new shares with a 1:1 ratio at a the selling price of at least …

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HCMC removes hindrances to work permit issuance for foreigners

Ho Chi Minh City has cut short the procedures for issuing work permits for foreigners and digitalized the application process to make it easy for enterprises to get work permits for their foreign staff. According to Nguyen Van Lam, Vice Director of the municipal Department of Labor, Invalids and Social …

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