Vietnam 

NA leader lauds model port operator on 30th anniversary – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY      National Assembly Chairwoman Nguyễn Thị Kim Ngân lauded efforts and achievements by the Sai Gon Newport Corporation (SNP) over the past three decades when attending its 30th traditional day yesterday. A defence-security enterprise of the Vietnam People’s Navy, the corporation contributed to implementing the Vietnam Maritime Strategy, fulfilled its role of serving as a logistics base and military port, and built military facilities in border and island areas. Notably, in March 2018, it put into operation the Cam Ranh International Port – the largest logistics…

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Vietnam 

Deputy PM receives leader of Japanese bank – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Vietnamese Government would continue to create a favourable business environment to encourage foreign investors, including those from Japan, to do long-term business in Việt Nam, said Deputy Prime Minister Trịnh Đình Dũng.  The Deputy PM made the statement during a reception for Masaaki Yamada, the managing executive officer and global head of the Energy and Natural Resources Finance Group at the Japan Bank for International Co-operation (JBIC) in Hà Nội on Thursday, during which he expressed his joy at the fruitful development of the Việt Nam-Japan relations.  Dũng…

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Home 

Hong Kong banks must step up cybersecurity, protect customers’ data as online scams multiply, warns industry leader

Hong Kong’s banks must step up their efforts to combat cybercrime and protect customers’ data amid a dramatic rise in online attacks, one of the city’s most senior banking executives has warned. Mary Huen Wai-yi, chairwoman of the Hong Kong Association of Banks (HKAB), said that as lenders have rolled out more digital banking services allowing customers to conduct transactions on their computers or smartphones, so the risks have multiplied. Her concerns are supported by figures from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, which…

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Home 

China’s ride-hailing leader Didi Chuxing seen overhauling its operations to enhance safety amid lay-off reports

Didi Chuxing, China’s largest ride-hailing platform, has undertaken a “major overhaul” of its operations to enhance safety and efficiency as the company seeks to regain public confidence rocked by two passenger deaths last year. The Bejing-based ride-hailing company is reorganizing its workforce to shore up safety and efficiency and is deploying more safety experts and driver-engagement specialists through new hiring and internal transfers, according to a person close to the company. A project code-named “waterflow” is designed to enable employees to switch posts amid the restructuring, according to the person,…

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Singapore 

Ex-church leader Chew Eng Han jailed for 13 months over failed bid to leave Singapore illegally, Singapore News

SINGAPORE – Former City Harvest Church (CHC) leader Chew Eng Han was sentenced on Tuesday (Jan 29) to 13 months’ jail after attempting to leave Singapore unlawfully. He will serve it after completing his earlier sentence of three years and four months’ jail for his role in the misuse of church funds. Chew, 58, was convicted in December last year of attempting to leave Singapore illegally from an unauthorised point of departure. District Judge Victor Yeo also found him guilty of attempting to defeat the course of justice by boarding…

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Singapore 

Ex-City Harvest Church leader Chew Eng Han found guilty of attempting to leave Singapore illegally, Singapore News

SINGAPORE – A court has convicted former City Harvest Church (CHC) leader Chew Eng Han of attempting to leave Singapore illegally. On Wednesday (Dec 12), District Judge Victor Yeo also found Chew, 58, guilty of attempting to defeat the course of justice by boarding a motorised boat at the Pulau Ubin jetty on Feb 21 to try to avoid his jail sentence. Chew will be back in court on Jan 29 next year. During the trial on Sept 24 this year, the court heard that Chew admitted during investigations that…

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China 

US trade war weakens China’s position as global leader in automation and robot manufacture

Production among China’s robotics manufacturers is slowing as the trade war with the United States hits many of the industry’s biggest customers. There is great uncertainty for the sector’s outlook. The US and China agreed a truce at the weekend that avoided a scheduled increase in tariffs, but tariffs on $250 billion of Chinese imports to the US remained. “China’s robotics industry is showing weakness from the impact of the trade war on the electronics industry, which is one of the most important customers of robot makers, accounting for one…

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Singapore 

Careful, deliberate, man of the utmost integrity: Shanmugam on PAP’s 4G leader Heng Swee Keat, Singapore News

SINGAPORE – Finance Minister Heng Swee Keat is a careful and deliberate leader who, in deciding on issues, wants to understand the deeper reasons behind why people have come to some views. Home Affairs and Law Minister K. Shanmugam gave this description of Mr Heng’s leadership style on Sunday (Nov 25), when asked for his comments on the ruling party’s new first assistant secretary-general. He said Mr Heng would ask for information and viewpoints from different people when issues arise, before he makes a decision. “He doesn’t look at them…

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Singapore 

I’m healthy enough to be PAP’s next leader, says Heng Swee Keat, Singapore News

SINGAPORE – Finance Minister Heng Swee Keat would not have assumed leadership of the ruling People’s Action Party’s (PAP’s) fourth-generation team if he was not confident he was healthy. The PAP’s newly appointed first assistant secretary-general, who suffered a stroke in May 2016, said on Friday (Nov 23): “I have made very good recovery, my doctors have given me a clean bill of health.” “At my latest medical check, the results were even better than before. I have lost a bit of weight, but that’s because I’m fitter now,” he said…

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Vietnam 

Hà Nội welcomes German investment: municipal leader – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Aquaone and Germany AoneDeusheuche signed a MoU for investment co-operation on solar panels on top of the water treatment system at the Đuống River water treatment plant. — VNS Photo Viet Nam News HÀ NỘI — Hà Nội is willing to assist German investors by connecting them with Vietnamese businesses to run projects in the capital city, said Chairman of the municipal People’s Committee Nguyễn Đức Chung. Chung made the statement while receiving Martin Dulig, Deputy Minister-President…

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