Vietnam 

Việt Nam to perfect its legal systems in compliance with new era’s demand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prime Minister Nguyễn Xuân Phúc yesterday attended a national science conference to explore ways of improving the Vietnamese legal system.— VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc yesterday attended a national science conference to explore ways of improving the Vietnamese legal system. His visit was arranged to keep up with the demand of the fourth industrial revolution. Organised by the Ministry of Justice, leaders of the National Assembly, the Government, relevant ministries, representatives of the start-up community, scientists and law experts were in attendance. Deputy…

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Vietnam 

Unlisted Public Company Market promises investors better performance – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Workers at Garment 10 Joint Stock Company, a member of the Vietnam National Textile and Garment Group (Vinatex). Vinatex is listed on UPCoM under code VGT. — VNA/VNS Photo Trần Việt HÀ NỘI — The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors. UPCoM began operation on June 24, 2009 after the Government and market regulators realised the free-trading stock market had been highly risky for investors. The launch of UPCoM aimed to tighten the free market and expand the size…

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Vietnam 

Rice exports face tough time amid huge global supply – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Farmers harvesting rice in the Mekong Delta. Photo english.vietnamnet.vn HCM CITY — With an abundant global supply and high inventory in major exporting countries, Việt Nam is expected to struggle to secure exports of rice in the second half of the year, speakers said at a conference held in HCM City on Monday. Trần Quốc Khánh, deputy minister of Industry and Trade, said that Việt Nam’s rice exports in the first half of the year experienced great challenges due to a drop in demand from major importers.  Except for the Philippines,…

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Vietnam 

Forest industry posts trade surplus of more than $4b in H1 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Wooden furniture for export. The forest industry posted a trade surplus of US$4.03 billion in the first six months of this year. – Photo vinanet.vn HÀ NỘI – The forest industry gained a trade surplus of more than US$4 billion in the first six months of this year, according to the Việt Nam Administration of Forestry under the Ministry of Agriculture and Rural Development. The export value of forest products in the period reached nearly $5.3 billion, up nearly 20 per cent year on year and reaching 50 per cent of the industry’s…

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Global 

China, US agree to resume trade talks in phone call ahead of Xi-Trump G20 meeting

The top trade negotiators for China and the United States have agreed to resume discussions to resolve their trade dispute, in a phone conversation on Monday ahead of the high-stakes talks between the two countries’ presidents in Japan this week.Vice Premier Liu He,who leads the trade negotiation for the Chinese side, talked with his US counterparts, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, according to a brief statement by the official Xinhua News Agency… Source link

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Vietnam 

Covered warrants all set to be traded on HCM City stock market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  SSC and HOSE executives reply to questions on covered warrants from participants at a meeting held in HCM City on June 24. — VNS Photo Xuân Hương HCM CITY — Covered warrants will be listed and traded on the Hồ Chí Minh Stock Exchange from June 28, Phạm Hồng Sơn, vice chairman of the State Securities Commission of Việt Nam, announced at a meeting in HCM City on Monday. Covered warrants are securities that have collateral assets issued by securities companies. The owner will have the right (not the obligation) to…

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Home 

Stocks Blog: Traders on edge ahead of G20 meeting with Donald Trump and Xi Jinping

Good day, traders: So, the countdown continues to the high-stakes Xi-Trump chat about trade and tech in Japan. The G20 summit of leaders of the world’s top economies gets under way Friday, and the US and Chinese presidents are expected to meet on the sidelines. Traders are on edge, but there still have been plenty of money-making — and losing — plays.  We will keep you up on what’s driving mainland and Hong Kong markets. Always happy to hear from you at deb.price@scmp.com as we try to make… Source link

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Vietnam 

MARD plans to develop more quality plant and animal breeds – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Agriculture minister Nguyễn Xuân Cường (left) learns about products of the Việt Nam Forestry Science Institute. VNA/VNS Photo Vũ Sinh HÀ NỘI – The Ministry of Agriculture and Rural Development (MARD) will continue to develop breeding sources for the agriculture sector according to the needs of the market, said Minister of Agriculture Nguyễn Xuân Cường at a workshop held to review the seed production plan. Breeding and seed stocks are very important to farmers, and Việt Nam has gained many achievements in breed development as well as the application of scientific advances in agriculture sector,…

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Vietnam 

E-wallets’ latest converts: HCM City street vendors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A juice stall on District 1’s Nguyễn Văn Chiêm Street has QR codes for Momo and GrabPay e-wallet services. – VNS Photo Việt Dũng HCM CITY — From morning to early afternoon Nguyễn Văn Chiêm in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat. It is somewhat startling to see some of the vendors accepting payment by scanning QR codes using e-wallets since it is still a relatively new trend among street vendors in the city. …

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Home 

London’s office sector at a discount thanks to Brexit woes, weakening sterling

Hong Kong investors looking to leverage opportunities in London during a period of currency weakness might want to take a closer look at the office market, where solid occupier rates indicate solid returns even as political uncertainty lingers, according to experts.International investors appear to be in a wait-and-see mode, having taken to the sidelines, as they gauge the political outlook three years after the Brexit referendum, according to consultancy Knight Frank.“Future transaction levels… Source link

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