Vietnam 

Ministries need to complete regulations for equitisation of SOEs – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Ministries and sectors have been asked to complete legal documents relating to equitisation and divestment of SOEs. — Photo chinhphu.vn HÀ NỘI — Ministries and sectors by the end of the year need to complete legal documents promptly clear obstacles that are hindering the equitisation of State-owned enterprises, Deputy Prime Minister Vương Đình Huệ said at a meeting of the Steering Committee for Innovation and Development of Businesses held in Hà Nội on July 8. During the meeting to review equitisation, divestment and restructuring of State-owned enterprises (SOEs) and corporate development in…

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Singapore 

Unauthorised drones at Changi Airport: Tech, regulations can help avoid drone disruptions, say experts, Digital, Singapore News

With drones becoming more common, measures must be taken to regulate their use and ensure these devices do not disrupt air traffic in Singapore, say industry observers. The use of technology and regulations could help mitigate the issue, they added. The Civil Aviation Authority of Singapore (CAAS) revealed on Wednesday that 37 scheduled flights had been delayed after unauthorised drones were spotted flying near Changi Airport. The operations of one of the airport’s two runways were also suspended intermittently between 11pm on Tuesday and 9am on Wednesday. A multi-agency team…

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Vietnam 

New SBV regulations to help realty market grow sustainably – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Nguyễn Quốc Hùng, director of the SBV’s Credit Department The State Bank of Việt Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on lending, especially in the high-end real estate segment. Nguyễn Quốc Hùng, director of the SBV’s Credit Department, talked with the media about the issue during a meeting last week Some are concerned about the draft that will replace Circular 36/2014/TT-NHNN, saying it could have…

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Vietnam 

VASEP seeks review of regulations on residue limits in seafood products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Concerned about domestic consumption, VASEP has asked for a review of regulations on maxiumum residue limits for enrofloxacin and ciprofloxacin in seafood products.—VNA/VNS Photo HCM CITY— Seafood enterprises have promoted seafood products in the domestic market but are faced with strict residue limits for enrofloxacin and ciprofloxacin, which are restricted for use in aquatic production and trade. The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked the Ministry of Agriculture and Rural Development to issue regulations on maximum residue limits allowed for enrofloxacin and ciprofloxacin. According to department regulations, enrofloxacin and ciprofloxacin…

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Vietnam 

Regulations block Vietnamese start-up businesses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Deputy Prime Minister Vũ Đức Đam delivers his speech at the Vietnam Venture Summit 2019 on Monday. – VNA/VNS Photo Danh Lam HÀ NỘI – The regulatory framework was still the biggest challenge for the Vietnamese start-up community, speakers said at a summit on Monday. Vietnamese start-up companies ware still seeking opportunities to set up their head offices in foreign countries as regulations in overseas markets were often easier than those in Việt Nam, a lawyer told Việt Nam News. The policies were too complicated and inflexible, he said at…

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Vietnam 

Real estate market set for recovery as HCM City streamlines housing regulations – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM City seen from the Thủ Thiêm Urban Area in District 2. — VNS File Photo HCM CITY — The HCM City housing market is expected to recover again after being flat for over one year with support from the local government. Developers said authorities remove hindrances that had been faced by 124 real estate projects, and this would help significantly increase the supply of apartments. In the first five months of the year, the market did not see the same feverishness that was evident in the last three years. According…

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Vietnam 

Tighter regulations needed to prevent fake goods online – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A customer shops for goods online using Tiki. The online e-commerce platform yesterday inked an agreement to prevent counterfeit goods in e commerce platform with four other firms – Adayroi.com, Lazada.vn, Sendo.vn and Shopee.vn. VNS Photo Trương Vị HÀ NỘI — The Government should impose strict punishments on the trade of counterfeit goods on e-commerce platforms, attendees were told at a conference held in Hà Nội yesterday. Đặng Hoàng An, deputy minister of Industry and Trade, said e-commerce in Việt Nam has seen strong growth of 25 to 30 per cent a year. In 2018, the growth rate…

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Singapore 

Singapore Tourism Board suspends Asian Travels Network licence for breaching travel agent regulations, Singapore News

SINGAPORE – The Singapore Tourism Board (STB) has suspended the licence of local travel agent Asian Travels Network for breaching industry regulations. The suspension, which took effect last Thursday (April 4), means that the agency will not be allowed to accept new travel bookings. However, it is still required to fulfil any existing obligations to its customers. In a statement on Wednesday, the STB said Asian Travels Network had failed to submit its audited statement of accounts within six months of the end of its financial year. The STB said…

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Home 

More prudent regulations to come for China’s sharing economy, says Premier Li Keqiang

Chinese Premier Li Keqiang says more prudent regulations will need to be adopted to help grow the country’s sharing economy, which has sparked public concern after years of being a magnet for major venture capital investments.“Like any new business, [the sharing economy] has its ups and downs,” said Li in a press conference on Friday to mark the conclusion of the annual gathering of China’s parliament. “But in general, it creates jobs, brings convenience to people and drives the development of… Source link

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Vietnam 

Deputy PM issues regulations for industrialisation strategy – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Trịnh Đình Dũng has recently issued the working regulations of the Steering Committee for Việt Nam’s Industrialisation Strategy within the Việt Nam – Japan co-operation framework until 2020 with a vision to 2030.— VNA/VNS Photo Danh Lam HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has recently issued the working regulations of the Steering Committee for Việt Nam’s Industrialisation Strategy within the Việt Nam – Japan co-operation framework until 2020 with a…

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