Vietnam 

Kiên Giang promises optimal conditions for investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Phạm Vũ Hồng, chairman of the Kiên Giang Province People’s Committee, speaks about the province’s economic potential and incentives for investors. — VNS Photo Bồ Xuân Hiệp Kiên Giang Province is committed to creating the most favourable conditions for investors. Việt Nam News’ reporter Bồ Xuân Hiệp spoke with Phạm Vũ Hồng, chairman of the province’s People’s Committee, about the southern province’s potential and economic strengths and incentives to investors ahead of an investment conference next week. Could you tell us about the upcoming investment conference?  Domestic and foreign investors are invited…

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Global 

China Premier promises ‘faster’ financial opening up to foreign investors days after agreeing US trade war truce

China will scrap foreign ownership caps in the domestic financial industry from 2020, a year earlier than previously expected, Premier Li Keqiang said on Tuesday, in a fresh gesture to woo foreign investors, just days after agreeing another truce in the year-long trade war with the United States.Li did not directly mention the US or the trade war in his speech to the “Summer Davos” forum in Dalian on Tuesday, but said China will open its markets wider to foreign investors, while also repeating… Source link

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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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Home 

Huawei promises consumers in the Philippines a full refund if Gmail and Facebook won’t work on its devices

Huawei Technologies, China’s leading smartphone vendor, has promised to fully refund the cost of its smartphones and tablets in the Philippines in the event the devices are unable to support popular apps from US companies such as Google and Facebook, after the company was put on a blacklist by the US government.The full-refund program allows consumers in the Philippines to get back the price of a Huawei smartphone if apps such as Google’s Gmail and YouTube, and Facebook, Instagram and WhatsApp… Source link

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Vietnam 

HCM City promises to resolve difficulties faced by business sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A production line of a company at HCM City’s Tân Thuận EPZ. — VNS File Photo. HCM CITY — Erratic planning and other problems related to land use is hurting the business sector, according to the HCM City Department of Industry and Trade. The city has for long had a policy of shifting factories from residential areas in the inner city, but does not tell them to relocate to industrial parks (IPs) or export processing zones (EPZs). So, over the years, many have obtained licences from authorities to build factories…

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China 

Chinese Premier Li Keqiang promises to open economy further to foreign investors as trade talks get underway

Chinese Premier Li Keqiang said that China will reduce the number of industries closed to foreign investment before the end of June, in remarks coinciding with the start of the latest high-level trade talks between China and the United States in Beijing this week.At the opening ceremony of the annual Boao Forum for Asia in China’s southern island province of Hainan on Thursday, Li said the government will reform its free-trade zone foreign investment entry negative list, its catalogue of… Source link

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Money 

Beijing promises wider financial access for foreign investors as US-China trade war talks enter crucial stage

China continued its charm offensive for foreign investors, renewing promises to open its state-controlled financial services sector further and ensure equal treatment.The latest move came as the talks between China and the United States have entered a crucial stage, with the remaining sticking points in the text of a trade agreement expected to be discussed when US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin visit Beijing on Thursday.Chinese Vice-Premier Liu… Source link

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Vietnam 

Prime Minister promises optimal conditions for US enterprises – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – The Vietnamese Government would create optimal conditions for US enterprises to invest successfully in Việt Nam and was willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyễn Xuân Phúc. While receiving a delegation from the US-ASEAN Business Council (USABC), led by its president and CEO Alexander Feldman, in Hà Nội on Thursday, PM expressed his belief that the delegation’s visit would contribute to promoting economic, trade and investment relations between Việt Nam and the US. He…

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China 

‘We will keep your secrets’, China promises foreign companies with new law

Chinese officials will be obliged to protect commercially confidential information they obtain from overseas businesses, according to the latest draft of China’s new foreign investment law. Delegates to the National People’s Congress in Beijing were presented with the new version on Tuesday, after last week’s version received a lukewarm response from foreign businesses and academics in China. Provisions have been added to the legislation which make clear that Chinese government employees must… Source link

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Home 

Facebook CEO Mark Zuckerberg promises a more privacy-friendly company, sort of

Mark Zuckerberg said Facebook will start to emphasise new privacy-shielding messaging services, a shift apparently intended to blunt both criticism of the company’s data handling and potential antitrust action.In effect, the Facebook co-founder and CEO promised to transform a service known for devouring the personal information shared by its users.Going forward, he said, it will emphasise giving people more ways to communicate in truly private fashion, with their intimate thoughts and pictures… Source link

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