Bring justice synonym

JP Morgan has greatly expanded its operations in Viet Nam since setting up its local office in 1995. — Photo sgbank.vn JP Morgan Chase on Thursday announced a capital injection of US$123 million into its branch entity in HCM City, bringing the firm’s total capital investment into Viet Nam from $77 million to $200 million, or VND4.6 trillion. The capital will be used over the next few years to fund the expansion of the bank’s onshore services and capabilities and support its fast-growing suite of product offerings and increase the hiring of local talent. JP Morgan has greatly expanded its operations in Viet Nam since setting up its local office in 1995, with the firm now providing a wide array of banking solutions across corporate banking, investment banking advisory, payments and capital markets. “With more than 25 years of history and as a leading international investment bank with an on-the-ground presence, JP Morgan has built a robust franchise in Viet Nam committed to … [Read more...] about JPMorgan Chase announces fresh capital injection into Viet Nam, bringing total investment to US$200 million

The regional framework should be in line with international laws and ASEAN Centrality. Vietnam has highlighted the role of international economic initiatives when talking about the Indo-Pacific Economic Framework (IPEF) which was launched by the US three days ago. “Vietnam has joined a number of international economic initiatives that help make the most of domestic and foreign resources, serving the country’s development,” Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs (MoFA) said today. Hang made the statement at the press conference on May 26 when talking about Vietnam’s participation in the launch of IPEF through a speech delivered by Prime Minister Pham Minh Chinh. Chinh said the launch of IPEF will kickstart a serious discussion in exchange of ideas towards addressing critical regional and global issues together, issues that no one can address on their own like ones on a global scope – supply chains diversification and resilience, technological … [Read more...] about IPEF should treasure openness, inclusiveness and transparency: foreign ministry

Illustrative image. (Photo: SGGP) According to Mr. Nguyen Ngoc Dung, Chairman of Vietnam E-commerce Association (Vecom), in 2021, despite being heavily affected by the Covid-19 pandemic, Vietnam's e-commerce still maintained a good growth momentum with an increase of about 20 percent and a scale of $16 billion. Keeping the growth momentum, Vietnam is now one of the countries with the largest e-commerce market size in the region, besides Indonesia, Thailand, and Malaysia. Vietnam's internet economy in 2021 grew by 31 percent compared to 2020 and reached a scale of $21 billion. Of which, the online retail sector enlarged by 53 percent and touched a scale of $13 billion. There are two waves that have contributed to the steady development of e-commerce in Vietnam in 2020 and 2021 and will be the driving force for the next period. The first wave took place during the early stages of the Covid-19 pandemic in 2020, and the second one from June to September 2021, during the fourth … [Read more...] about Opportunities for e-commerce in Vietnam to boom

Legislation review necessary to increase tempo on public disbursement activities, illustration photo/ baodautu.vn Assoc. Prof. Pham The Anh from the National Economics University said that changing the slow disbursement of public investment would be very challenging because of legal risks and responsibility. “I don’t think the slow disbursement is due to the lack of motivation by those responsible for the implementation,” said Anh. “In the past two years, the bottlenecks in public investment were related to the legal environment,” he added, citing legal problems in land clearance. “The Vietnamese government still has the ability to keep up with the disbursement speed by reviewing the legislation related to public investment decisions.” In 2022, the government expects to disburse $17.69 billion according to Decision No.2048/QD-TTg dated December 6, 2021 on assigning state budget investment for 2022. “The latest directives are aimed at disbursing public investment on schedule … [Read more...] about Legislation review necessary to increase tempo on public disbursement activities

Kim Højlund Christensen, Danish Ambassador to Vietnam With the return of tourism and trade activities, can you see any movement from business and investment promotion delegations that are going to visit Vietnam? The Vietnamese government’s recent decision to lift entry restrictions and especially to resume the visa-exemption travel programme for countries, including Denmark, is great news and positively welcomed by the Danish business community. Many Danish companies are already planning their visits to Vietnam this month and early next month to meet with their local business partners in person. At present, there are over 130 Danish companies represented in Vietnam. Therefore, there will be a large number of business visitors and delegations from headquarters in Denmark or other locations in the region coming here in the near future to visit their production facilities or to find new investment opportunities. Besides that, we also expect to have trade delegations visit our … [Read more...] about Danish investors pinpointing rising potential of Vietnam’s green energy

A sixth grader in Hà Nội's Hà Đông District gets vaccinated against COVID-19. — VNA/VNS Photo Minh Quyết HÀ NỘI — A total of 1,275 new COVID-19 cases were recorded in the past 24 hours, according to the Ministry of Health. As many as 7,223 COVID-19 patients were given the all-clear on Thursday, bringing the number of recoveries so far to 9,422,085. The number of recoveries was nearly six times higher than the new infections. The new infections were reported in 47 out of 63 provinces and cities nationwide with Hà Nội continuing to register the highest number of daily infections with 309 cases. Other new infections were detected in Vĩnh Phúc (92), Nghệ An (83), Phú Thọ (80), Đà Nẵng (61), Yên Bái (55), Quảng Ninh (52), Nam Định (44), Lào Cai (42), Tuyên Quang (40), TP. Hồ Chí Minh (37), Hải Dương (36), Thái Nguyên (33), Quảng Bình (30), Thái Bình (27), Bắc Kạn (24), Quảng Trị (24), Hà Tĩnh (18), Hà Nam (16), Cao Bằng (15), Hải Phòng (14), Ninh Bình (13), Hòa Bình (13), Lai … [Read more...] about Việt Nam confirms 1,275 new COVID-19 infections on Thursday