Vietnam 

Indian giant proposes to build IT centre in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    HCM CITY — The Hindustan Computers Limited (HCL) from India plans to establish an information and technology (IT) centre in HCM City, which will provide training for about 10,000 IT engineers over the next five years. HCL Executive Vice President Sanja Gupta revealed the plan during a meeting with the city’s leaders last week, saying the southern economic hub had favourable conditions to develop his company’s project. He also spoke highly of the IT labour force in Việt Nam, describing it as an important factor to ensuring the success of IT services in the…

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Singapore 

NUS committee proposes longer suspensions and expulsion for sexual misconduct offences, Singapore News

SINGAPORE – The committee set up to review how the National University of Singapore (NUS) handles sexual misconduct has recommended tougher penalties for offenders. In an e-mail circular sent to students and staff on Wednesday (May 15), Madam Kay Kuok, who chairs the committee, proposed a minimum one calendar year suspension period from the university, and expulsion in the case of severe offences. She also recommended certification of rehabilitation by a counsellor and/or medical professional before any offender can be permitted to return to campus after a suspension. Offenders would…

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Vietnam 

Investor proposes duty-free zone in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A shopping centre in downtown Đà Nẵng. The Import-Export Pan Pacific Group (IPPG) has asked the central city to allocate land for the development of the first international standard downtown duty-free zone and factory outlet centre. VNS Photo Công Thành  ĐÀ NẴNG — The Import-Export Pan Pacific Group (IPPG) has asked the central city’s People’s Committee to allocate land for the development of the first international standard downtown duty-free zone and factory outlet centre. General director of the IPPG Lê Hồng Thủy Tiên made the request early this week, stating that the…

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Vietnam 

HoREA proposes solutions for about 100 suspended projects – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A view of HCM City. HoREA has proposed solutions for suspended property projects to avoid damage to the property market. – Photo tienphong.vn Viet Nam News HCM CITY — The HCM City Real Estate Association (HoREA) has proposed solutions for suspended property projects to avoid damages to the property market, project backers and the State. HoREA chairman Lê Hoàng Châu last Friday said the association had sent a document to the Government Inspectorate of Việt Nam (GIV) and HCM City’s authority on measures to ensure more than 100 suspended projects…

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Vietnam 

Ministry proposes lowering CIT for SMEs – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 per cent to 15-17 per cent. The idea was raised in a National Assembly draft resolution which the ministry recently published for comments. The move aims to promote the development of small- and medium – sized enterprises and to encourage business households to transform into enterprises, as well as enhance their competitiveness and create jobs. The Vietnamese Government aims…

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Vietnam 

Ministry proposes ACV pay for third Tân Sơn Nhất terminal – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Ministry of Transport (MoT) has proposed the Government allow the Airport Corporation of Việt Nam (ACV) to invest in building a third passenger terminal at Tân Sơn Nhất International Airport. In the proposal submitted to the Government recently, the MoT said the construction would be funded by the ACV. The investment funded by ACV is one of four investment methods mentioned in the MoT proposal, which include investment funded by the State budget, establishing an economic organisation for investment and…

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Vietnam 

Hà Nội proposes tightened management of social network businesses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Hà Nội Market Management Department has said businesses operating on social networks such as Facebook, Zalo and Viber should be under stricter management. — Photo vietbao.vn Viet Nam News HÀ NỘI — The Hà Nội Market Management Department has said businesses operating on social networks such as Facebook, Zalo and Viber should be under the same management as e-commerce websites. E-commerce websites that violate regulations may be shut down under the law and have their domain names revoked. In addition, there should be close co-ordination between…

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Vietnam 

MobiFone proposes 5G testing – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

MobiFone has asked the Ministry of Information and Communications’ petition to test 5G in Hà Nội and HCM City. — Photo bizlive.vn Viet Nam News HÀ NỘI — MobiFone Telecommunications Corporation (MobiFone) has sent a proposal to the Ministry of Information and Communications to test 5G service in Hà Nội and HCM City to evaluate technology and the market before official implementation, said its general director Nguyễn Đăng Nguyên. Specifically, MobiFone asked for a 5G trial licence from September last year. After that, MobiFone has asked the Ministry…

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Vietnam 

ACV proposes $487m to build new terminal at HCMC airport – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

ACV has proposed a new terminal with a capacity of 20 million passengers per year to improve service quality as well as overcrowding. — Photo trithucvn.net Viet Nam News HÀ NỘI — The Airports Corporation of Việt Nam (ACV) has sent a proposal to the Ministry of Transport (MoT) with plans to build a third passenger terminal (T3) at Tân Sơn Nhất International Airport. The new terminal has a total investment of more than VNĐ11.43 trillion (US$488 million) and ACV proposed to invest 100 per cent by the…

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Vietnam 

MoIT proposes to resolve Thái Bình 2 power plant’s difficulties – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Ministry of Industry and Trade (MoIT) has sent a document to Prime Minister Nguyễn Xuân Phúc following PetroVietnam’s proposal to use VNĐ2.5 trillion (US$107.7 million) from its provision cost to complete the much-delayed Thái Bình 2 plant. Earlier, the Việt Nam National Oil and Gas Group (PetroVietnam) – the investor of the VNĐ41 trillion ($1.827 billion) Thái Bình 2 project – submitted a proposal to the ministry to use the project’s provision cost and some of PetroVietnam’s profits to resolve the difficulties.…

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