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According to the draft, private placement corporate bond issuers must meet the following conditions: profitable business results in the previous year; total outstanding debt of bonds does not exceed three times of equity; having collateral if the total outstanding debt exceeds the equity. “Many people say that the corporate bond market poses risks and needs to be tightened. However, perfecting the legal system does not mean tightening it. Instead, it is necessary to ensure that information reaches the market in an open, transparent, and accurate manner," lawyer Truong Thanh Duc, Director of Law ANVI Firm, said. According to him, it is important now to focus on perfecting the credit rating regulations. In the immediate future, it is possible to follow regulations in a trade-off way. For example, a business with credit rating results will not need, or will need one or two more conditions for issuance because credit rating has covered many audit conditions. If there is no credit rating, … [Read more...] about Tight regulations for corporate bond market must not cause market collapse

The cord-free reference design helps OEMs and ODMs more seamlessly and cost-efficiently prototype and bring to market lightweight, premium AR glasses to enable immersive experiences that unlock the metaverse. The purpose-built, premium Snapdragon XR2 Platform now packs powerful performance into a slim, smaller AR glass form factor. The AR reference design hardware, developed by Goertek, has a 40% thinner profile and a more ergonomically balanced weight distribution 3 for increased comfort. SeeYA provides the dual micro-OLED binocular display enabling 1920 x 1080 per eye and frame rates up to 90Hz and a no-motion-blur feature to deliver a seamless AR experience. Dual monochrome cameras and one RGB camera on the smart viewer enable six-degrees of freedom (6DoF) head tracking and hand tracking with gesture recognition to achieve AR precision. Also, taking a system-level approach, the reference design enables a wireless split processing architecture to distribute computing workloads … [Read more...] about New production from Qualcomm powered by the Snapdragon

The challenge would be huge for localities and Government agencies to fully disburse the public investment funds for this year. The government’s task force groups are now working with provinces/cities and ministries to accelerate public investment, seen as an urgent task to ensure economic recovery. The construction of the Eastern North-South expressway, section Phan Thiet - Giau Day. Photo: Phuoc Tuan Data from the Ministry of Finance (MoF) revealed the disbursement of public investment funds in the first five months of 2022 stood at a modest rate of 22.37%, of which the disbursement of domestic funds accounted for 23.53%, and that of foreign capital at 6.26%. The MoF added 41 out of 51 Government ministries and 21 from 63 provinces/cities posted disbursement rates below 20%, including five ministries with no disbursement at all. Meanwhile, localities pointed to unfavorable weather conditions, difficulties in site clearance or rising construction … [Read more...] about Public investment identified as urgent task for economic recovery: Gov’t

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the UK, the European Union (EU) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realise the commitments, … [Read more...] about Deputy PM busy on threshold of WEF meeting

During the recent wave of the COVID-19 pandemic, Trade Union 230 members in Ho Chi Minh passed away due to the pandemic. One hundred ninety four children, including 95 under-ten ones, are directly affected by the pandemic’s consequences. So far, the Labor Federation of Ho Chi Minh City has completed essential procedures to hand over savings books to 114 pandemic-affected children in the first phase. At the event, the municipal Labor Federation presented 110 savings books, worth VND 10 million each, to 110 pandemic-affected children of Trade Union members and four savings books, worth VND 20 million each, to children strongly affected by the pandemic. In addition, Vietcombank gave VND 5 million each to four strongly pandemic-affected children and VND 1 million each to the rest. The savings accounts will be opened and handed over to the children when they are 18 years old. Annual interest will be directly transferred to the child's caregivers or guardians’ Vietcombank payment … [Read more...] about Savings books given to pandemic-affected children

May 24 is one of Bulgaria’s most important days honoring the country’s traditional and modern cultural values, honoring teachers, students, and training institutions with great contribution to the establishment and development of Bulgarian education sector. The day is also to commemorate Bulgarian brothers Kiril and Metodi who created Slavic alphabet being used by around 20 countries in the world. Speaking at the ceremony, the Bulgarian Ambassador to Vietnam Marinela Petkova affirmed the significance of the celebration of the Bulgarian Culture and Education and Slavic Language Festival in Vietnam. She emphasized the important role of knowledge, education and cultural exchange in building long-lasting friendship among countries. Evaluating the bilateral relationship, the Bulgarian diplomat said that the efforts of leaders of the two countries in maintaining political dialogues and promoting the partnership in line with their potential, demand and strengths are clear proof of the … [Read more...] about Bulgarian Culture and Education and Slavic Language Festival observed in Vietnam