Vietnam 

Vietnamese market best in the region: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Vương Đình Huệ. — Photo zing.vn HÀ NỘI — The Vietnamese stock market was Southeast Asia’s most successful market in 2018 in terms of capital mobilisation, said Deputy Prime Minister Vương Đình Huệ. In a New Year meeting held on Sunday, Huệ was quoted by online news outlet zing.vn as saying that the speeding up of the equitisation process has helped Viet Nam’s IPO market lead Southeast Asia in terms of value. “With…

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Vietnam 

SOEs need breakthrough in equitisation: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

State-owned enterprises (SOEs) need to make a breakthrough in equitisation and divestment, said Deputy Prime Minister Vương Đình Huệ during a conference in Hà Nội on Friday.— VNA/VNS Photo HÀ NỘI — State-owned enterprises (SOEs) need to make a breakthrough in equitisation and divestment, said Deputy Prime Minister Vương Đình Huệ during a conference in Hà Nội on Friday. Huệ, who is also head of the Government’s Steering Committee for Innovation and Collective Economy Development, said regarding…

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Vietnam 

CPI targeted at 3.3-3.9% this year: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Ministries, sectors and localities was asked to control the consumer price index (CPI) in the range of 3.3 to 3.9 per cent this year. Deputy Prime Minister Vương Đình Huệ, head of the National Steering Committee on Price Management, set the goal at the committee’s meeting on reviewing performance last year and planning tasks for this year held in Hà Nội on January 17. This target, that meet the requirements of the Government’s Resolution 01/NQ-CP dated January 1, 2019 on controlling CPI at below 4…

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Vietnam 

Việt Nam ensures optimal conditions for Samsung’s operations: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Vương Đình Huệ receives outgoing General Director of Samsung Việt Nam Shim Won Hwan in Hà Nội yesterday.– VNA/VNS Photo Lâm Khánh HÀ NỘI – Deputy Prime Minister Vương Đình Huệ hosted a reception in Hà Nội yesterday for outgoing General Director of Samsung Việt Nam Shim Won Hwan and Shim’s successor Choi Joo Ho. Huệ spoke highly of the contributions of Samsung Việt Nam and Shim, in particular to the socio-economic development of…

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Money 

Central bank deputy governor: STO business ‘essentially an illegal financial activity in China’

The People’s Bank of China officially banned security token offering (STO) businesses on Saturday, in another blow to digital currencies in mainland China. An STO is an initial coin offering (ICO) backed by tangibles such as assets, or profit or revenue of a company. An ICO is fundraising activity that allows digital currency start-ups to raise funds through the creation and sale of digital “tokens”. Explainer: What is an ICO, and why is China’s central bank banning it? Pan Gongsheng, a deputy governor of the People’s Bank of China, the…

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China 

Huawei deputy chairwoman Sabrina Meng Wanzhou detained by Canada at request of US government

Chinese telecom equipment giant Huawei’s deputy chairwoman Sabrina Meng Wanzhou was detained by Canadian authorities last Saturday at the request of the US government. “Wanzhou Meng was arrested in Vancouver on December 1,” Ian McLeod, a Canadian Justice Department spokesman said in an emailed reply to questions. “She is sought for extradition by the United States, and a bail hearing has been set for Friday [December 7].” “As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms.…

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Vietnam 

VN proactively integrates into global economy: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Vương Đình Huệ speaks at a forum held in Hà Nội on Tuesday. — Photo petrotimes.vn HÀ NỘI — The Government of Việt Nam persistently pursues the policy of comprehensive integration, with a focus on international economic integration in a proactive, pragmatic and politic manner, Deputy Prime Minister Vương Đình Huệ said at a forum held in Hà Nội on Tuesday. Huệ said “Trade protectionism is now on the rise and seriously threatening the…

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Vietnam 

New vision needed for future of Asia: Deputy PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News Bồ Xuân Hiệp             BÌNH DƯƠNG — As the global economy is changing rapidly, with trade wars and unstable currencies, a new vision is needed for the future of Asia as well as Việt Nam, speakers said at the Horasis Asia Meeting 2018 that was held in Bình Dương Province on Monday.   Dr. Frank-Jürgen Richter, chairman and founder of Horasis, praised Việt Nam for its long-term vision and its use of technologies to benefit its people and businesses. “It’s part of their efforts to boost economic integration,”…

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Vietnam 

Super committee has second deputy chairman – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Hồ Sỹ Hùng has been appointed deputy chairman of the State Capital Management Committee. – Photo tinhanhchungkhoan.vn Viet Nam News The committee’s chairman is Nguyễn Hoàng Anh, former secretary of Cao Bằng Province’s Party Committee, while Nguyễn Thị Phú Hà, also from the Ministry of Planning and Investment, was appointed deputy chairwoman of the committee when it was launched in late September.. Source link

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Vietnam 

Deputy PM attends Vietnam-UK business forum – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News LONDON — Deputy Prime Minister and Foreign Minister Phạm Bình Minh has said that Việt Nam was committed to supporting trade liberalisation and open co-operation with all partners, including the UK. Addressing a Việt Nam-UK business forum in London on Tuesday that drew hundreds of businesses, the official said that since Việt Nam and the UK set up their strategic partnership in 2010, bilateral trade had risen to US$6.1 billion per year. In the first six months of 2018, two-way trade hit $3.12 billion,…

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