This call was made before the first ASEAN Digital Ministers Meeting (ADGMIN 1), scheduled to be held via teleconference on January 21 and 22, under the chair of Malaysian Minister of Communications and Multimedia Datuk Saifuddin Abdullah, and attended by representatives from ASEAN’s dialogue partners including Japan, China, the European Union, the Republic of Korea, and the International Telecommunication Union. … [Read more...] about VIETNAM NEWS JANUARY 18
Modi upcoming foreign visits
Myanmar attracts over 348 million USD in foreign investment in Q1
Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1
Preparations underway for upcoming elections
Hanoi (VNA) – Joint efforts have been made to prepare for the upcoming elections, heard a meeting of the National Election Council (NEC) in Hanoi on January 18. It was reported at the second meeting of the NEC that the council has joined hands with the NA Standing Board, the Government and the Vietnam Fatherland Front Central Committee in the preparation work. As of January 14, the issuance of documents regarding the elections of deputies to the 15th legislature, and all-level People’s Councils for the 2021-2026 tenure has been completed. Efforts have been made to ensure security and safety for the elections, according to chief of the office of the NEC Nguyen Hanh Phuc. Meanwhile, election committees have been set up swiftly in localities. The council agreed that an online national conference implementing the election work will take place on January 21. NA Chairwoman Nguyen Thi Kim Ngan, also chair of the NEC, asked the council’s sub-committees and office to … [Read more...] about Preparations underway for upcoming elections
Long-term development commitments realised through strategic M&A moves
Meanwhile, Binh Minh Plastic was honoured as one of Vietnam’s 50 Best-Performing Companies in 2019 by Nhip Cau Dau Tu magazine, in tandem with Thien Viet Securities. Making that the ninth consecutive year in the top 50, Binh Minh Plastic has a consistent performance thanks to excellent corporate governance and strong commitment to quality improvement. The achievement can be attributable to SCG’s efforts to build a sustainable business in line with social and environmental welfare. … [Read more...] about Long-term development commitments realised through strategic M&A moves
VN-Index inches down in week’s opening session
Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session