Singapore 

Work-life harmony a key issue for young couples: Heng Swee Keat, Singapore News

SINGAPORE – As a young couple, one of the biggest struggles Deputy Prime Minister Heng Swee Keat and his wife faced was learning to strike a work-life harmony. To help find solutions for young parents who face similar problems today, he said, the Government will soon be launching a series of dialogues that will be helmed by Manpower Minister Josephine Teo. This is on top of measures such as doubling paid paternity leave to two weeks that took effect in 2013 and which gives fathers more time with their children,…

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Vietnam 

Australia, VN issue new report on digital transformation roadmap – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The report “Việt Nam’s Future Digital Economy towards 2030 and 2045” provides economic modelling for potential growth scenarios. Photo courtesy of CSIRO HCM CITY — Risks and challenges must be identified during the digital transformation era to ensure that Việt Nam continues to grow and be prosperous, a new report has said.  The report, “Việt Nam’s Future Digital Economy Towards 2030 and 2045”, notes that much has already been done through the Government’s policies on 4.0 Industry such as cybersecurity, energy and digital skills.  The report was issued by Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Việt Nam’s Ministry of Science and Technology. …

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Singapore 

PM Lee’s Facebook post on 1978 Vietnam-Cambodia issue upsets both countries, Singapore News

As a result, Mr Lee said this prevented the military invasion and regime change from being legitimised, as well as protected the security of other ASEAN countries. Mr Lee also mentioned the issue during his keynote address at the Shangri-La Dialogue on Friday when he was talking about the formation of ASEAN. Cambodia and Vietnam have objected to PM Lee’s remarks. Prem Tinsulanonda, who was Thailand’s prime minister for more than eight years in the 1980s, died of heart failure on May 26 at age 98. Cambodian Defence Minister General…

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Home 

Huawei trade ban to test China’s 5G roll-out as Beijing set to issue commercial licences

China’s Ministry of Industry and Information Technology (MIIT) said it will issue licences for commercial 5G mobile services “in the near future”, as the country attempts to move ahead in the global race to roll out ultra-fast, next-generation telecommunications networks that will help power the industrial internet, autonomous driving and smart cities.But a US blacklisting of Huawei Technologies, the global leader in 5G telecoms network equipment, raises concerns about the ability of China to… Source link

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Vietnam 

Banks rush to issue bonds for long-term capital hike – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Many banks have issued a large amount of bonds to raise capital. — VNA/VNS Photo HÀ NỘI — Local banks have continued issuing a large amount of bonds to raise capital to meet State Bank of Việt Nam (SBV)’s stricter regulations on credit safety limits and capital adequacy. Last week alone saw the Asia Commercial Bank (ACB) and VietinBank announce bond issue plans worth up to VNĐ15.5 trillion (US$665 million). ACB’s board of directors approved a plan to issue two-year and three-year bonds worth VNĐ5.5 trillion, with a maximum interest…

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Vietnam 

VietinBank to issue bonds worth $427.5 million – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    VietinBank is allowed to repurchase bonds issued in 2019 and is responsible for using the capital collected from the bond issuance for the right purpose. — Photo cafef.vn HÀ NỘI — The State Bank of Việt Nam has approved the plan submitted by the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to issue bonds worth VNĐ10 trillion (US$427.5 million). Bond interest rates will be decided by VietinBank but must be consistent with the law, ensuring business efficiency and banking safety. Bond buyers will include Vietnamese and international organisations…

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Vietnam 

Khang Điền House to issue 130 million shares for dividend and bonus payments – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HÀ NỘI — Khang Điền House Trading and Investment JSC (HoSE: KDH) plans to issue 130 million bonus shares for dividend payments and employee stock ownership plan (ESOP) distribution. Five per cent of the 130 million shares, equal to 20.7 million shares, will be paid as dividends to shareholders. The issuance rate is 5 per cent. The remainder will be bonus shares issued at a rate of 25 per cent.  In addition, the company plans to issue 6.2 million ESOP shares for its employees at a rate of 1.5…

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Vietnam 

Banks to issue chip cards in place of 21 million magnetic strip cards – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers withdraw money from an ATM. Seven banks will replace their current magnetic strip cards with chip cards to enhance their safety. — VNA/VNS Photo HCM CITY — Seven banks will start issuing ATM chip cards that meet EMV standards to replace magnetic strip cards in collaboration with the National Payment Corporation of Việt Nam starting from May 28. They are Vietcombank, VietinBank, BIDV, Agribank, Sacombank, TPBank, and ABBank, who have issued around 70 per cent of the cards in the country. Some other banks have also registered with NAPAS…

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Vietnam 

Quảng Ngãi Sugar JSC to issue 58.5 million dividend shares – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A production line at one of Quảng Ngãi Sugar JSC’s factories. The company will issue 58.5 million dividend shares for 2018 and finalise the list of beneficial shareholders on May 10. — Photo vietnamfinance.vn HÀ NỘI — Quảng Ngãi Sugar JSC (UPCoM: QNS) will issue more than 58.5 million dividend shares for 2018 at the rate of 20 per cent. That means each shareholder will receive 20 new shares for every 100 shares they own. The value of the deal is VNĐ585 billion (US$25 million). The share issuance will help increase…

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Vietnam 

Hoa Sen to issue VNĐ500 billion worth of bonds – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

In 2019, Hoa Sen Group plans net revenues and net profits of VNĐ31.5 trillion and VNĐ500 billion. — Photo ndh.vn HÀ NỘI — Giant steel maker Hoa Sen Group is set to issue non-convertible corporate bonds worth a maximum of VNĐ500 billion (US$21.46 million). The expected issue price is VNĐ100,000, the bond term will be two years and the coupon rate will be negotiated with investors. The issuance is expected to take place this year. Hoa Sen has informed shareholders it plans to issue shares and bonds or convertible bonds to existing shareholders,…

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