Vietnam 

HCM City urges Samsung to open RD centre – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM CITY — HCM City wanted Samsung Group to open a research and development centre in the city to take advantage of its skilled human resources, a local official said. Receiving General Director of Samsung Electronics Vietnam Choi Joo-ho on Thursday, Secretary of the municipal Party Committee Nguyễn Thiện Nhân congratulated Samsung on its production and business results in Việt Nam, saying the development of Samsung had contributed to Việt Nam-RoK relations. Nhân said HCM City was willing to create favourable conditions for the company to expand its investment and…

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Vietnam 

Deputy PM urges speeding up cash flow – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Deputy Prime Minister Vương Đình Huệ has urged relevant ministries, localities and sectors to hasten the disbursement of public investment capital.— Photo thoibaotaichinhvietnam.vn HÀ NỘI — Deputy Prime Minister Vương Đình Huệ has urged relevant ministries, localities and sectors to hasten the disbursement of public investment capital. The move was made following slow disbursement progress in the first two months, accounting for only 4.52 per cent of the target for the year, according to the…

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Global 

Japan ‘rooting for Donald Trump’ in China trade war, but urges US not to ‘monopolise’ any benefits

A Japanese minister has urged the United States not to “monopolise” the concessions it extracts from China as part of any trade war deal, urging US President Donald Trump to share them with the rest of the world.Tamaki Tsukada, deputy director general for economic affairs within Japan’s foreign ministry, said: “We should be vigilant about what kind of agreement is reached between the US and China, and make sure that Trump will not monopolise whatever benefits he extracts out of China.”Tsukada,… Source link

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Vietnam 

PM urges Nghệ An to improve business, investment environment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prime Minister Nguyễn Xuân Phúc attends a conference of investors in Nghệ An Province on the occasion of the beginning of the Year of the Pig on Saturday. — VNA/VNS Photo Thống Nhất NGHỆ AN — Prime Minister Nguyễn Xuân Phúc has urged the central province of Nghệ An to work harder to improve the business and investment environment, reform administrative procedures and create the best possible conditions for investors. Addressing a conference of investors in the…

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Vietnam 

Ministry urges supervision on certification for electric bikes – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Officers inspect an electric bike store. — VNA/VNS Photo Vũ Sinh Viet Nam News HÀ NỘI — The Ministry of Industry and Trade has urged supervision to be enhanced on certificates of origin for Vietnamese electric bikes. The warning over origin fraud was raised after Việt Nam’s electric bike exports to the European Union (EU) increased sharply after the European Commission (EC) imposed anti-dumping tariffs on products from China. According to the ministry’s Trade Remedies Authority of Việt Nam, the EC issued a decision on the imposition…

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Home 

‘Father of Red Chips’ Francis Leung urges exchange officials to bolster trading turnover in smaller companies

The “Father of Red Chips” Francis Leung Pak-to has urged the local stock exchange to encourage retail investors to become more active in smaller companies, or face the risk of reputational damage to Hong Kong’s role as a fundraising hub. Leung, chairman of The Chamber of Hong Kong Listed Companies, said attracting more retail investors to trade in the local markets is a must when Hong Kong Exchanges and Clearing is developing its three-year strategy plan. “While Hong Kong has reclaimed the crown as the No 1 IPO market worldwide…

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Singapore 

2 Malaysian ships leave Singapore waters as Khaw Boon Wan urges complete withdrawal, Singapore News

SINGAPORE – Malaysia has taken steps to de-escalate tensions arising from its ongoing maritime dispute with Singapore, and has withdrawn a couple of its vessels from the Republic’s territorial waters. But one ship still remains in Singapore’s waters as of Wednesday (Dec 12), and Transport Minister Khaw Boon Wan said he strongly urged Malaysia to withdraw completely, adding that the vessel’s presence creates “unnecessary risks” and could lead to “accidental escalation on the ground”. This risk is also “not conducive to the upcoming bilateral discussions that we are going to…

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Vietnam 

MIC urges on customer information protection – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Authority of Information Security recently gives some recommendations to protect legal rights and interests of customers and enterprises following alleged data leaks from Thế Giới Di Động (Mobile World) Corporation and FPT Shop.— Photo cafef.vn HÀ NỘI —  The Authority of Information Security under the Ministry of Information and Communications recently gave some recommendations to protect legal rights and interests of customers and enterprises following alleged data leaks from Thế Giới Di Động (Mobile World) Corporation and…

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Singapore 

No recall of romaine lettuce yet after US food poisoning outbreak but AVA urges vigilance, Singapore News

SINGAPORE – The Republic imports some romaine lettuce from the United States, local authorities confirmed, after warnings by American health officials not to eat the vegetable, as they have been linked to an outbreak of food poisoning in the US. But as of 11.20pm on Wednesday (Nov 21) local time, neither the Agri-Food and Veterinary Authority of Singapore (AVA) nor the US Centres for Disease Control and Prevention (CDC) had issued a recall for romaine lettuce. The AVA said on Wednesday that no specific brand of lettuce or farm have…

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Global 

IMF urges China’s central bank to improve communications to ensure financial stability

China’s central bank must improve its communications with market players to ensure financial stability as the country opens its capital markets further to foreign investors, representatives from the International Monetary Fund (IMF) have urged in a working paper published over the weekend. “China is at a communications crossroads, driven both by domestic and increasingly external factors,” wrote IMF chief China representative Alfred Schipke, Oxford Professor Michael McMahon and Professor Li Xiang from Germany’s Halle Institute for Economic Research. “Better communication will become paramount to improving the effectiveness of monetary policy,…

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