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Earlier, the Vietnam Airlines Group, which include Vietnam Airlines, budget carrier Jetstar Pacific and Vietnam Air Services Company (VASCO), said it will supply over 414,000 extra seats from January 27 to February 26, 2021 to serve increasing travel demand. This will bring the total seats on flights operated by the Vietnam Airlines Group during the traditional holiday to 2.4 million, equivalent to nearly 12,000 flights. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

A report shows that the number of new investors of the last year was equal to the number of investors in the last 10 years combined. In 2010, securities companies had 1.5 million accounts and in early 2020 had 2.2 million, which meant the number of accounts increased by 700,000 within 10 years. … [Read more...] about Stock market plummets, $10 billion lost

Jakarta (VNA) – Members of the Indonesian House of Representatives (DPR) are discussing candidates for the supervisory board of the Sovereign Wealth Fund (SWF), representative of the House’s Commission XI Amir Uskara said on January 19. Earlier, President Joko Widodo sent a letter to the parliament, proposing the names to the DPR leaders. The President’s letter on the SWF investment authority board is still in possession of DPR leaders, who is going to hold an official meeting about the letter itself, he said, adding the formation of the SWF authority board will be discussed in the consultative assembly while the President’s proposed names will be considered carefully. The SWF is established in the context that the Indonesian economy has been battered by the COVID-19 pandemic. It is planned to operate early this year, and is expected to help the Southeast Asian country recover its economy after the outbreak is controlled. President Widodo earlier said that … [Read more...] about Indonesian parliament discusses candidates overseeing sovereign wealth fund

As numerous dishonest companies are partaking in MLM, Lai Ngoc Thanh, lawyer of Basico law firm said clarifying the quality of products is one way to determine whether an MLM company is trustworthy or not. If the company acquires profit from distributing high-quality products, they are more likely legitimate. In case a company distributes low-quality products (or no products at all), while simultaneously enticing people to pay and join the network to acquire massive profit, they may be involved in illegal activities. … [Read more...] about MLM enterprises dodge licencing by setting up new entities

Addressing a ceremony marking the force’s 75th anniversary (February 21) in Hanoi on January 19, PM Phuc stressed that to fulfill the heavy responsibility assigned by the Party, State, Ministry of Public Security, and people, the public security intelligence force needs to be well aware of the situation and their tasks while closely following and effectively serving the Party and State’s leadership and governance. … [Read more...] about VIETNAM NEWS JANUARY 20