Yet the losses were below the nine million expected by economists, who have been predicting a rebound in employment thanks to states' moves to reopen and a massive government rescue package that has allowed some companies to retain or rehire workers. … [Read more...] about Dow ends up 2.1%, extending rally on recovery hopes
These statements come from Nicolas Audier, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), at a dialogue themed “Administrative Reforms: Key Role in Implementation of EVFTA” held in Hanoi on June 30 between EuroCham and the Government’s Advisory Council for the Administrative Procedure Reform. Audier noted that the country could potentially become a role model globally in terms of dealing with the novel coronavirus (COVID-19) pandemic following its initial success in having contained the disease in recent times. … [Read more...] about EuroCham executive believes golden chance lies ahead to implement EVFTA
It will submit to the Government for approval a decree to supersede Decree No.101 on non-cash payments and another on testing mechanisms for controlling financial technology activities in the banking sector, and issue a circular on opening payment accounts with electronic customer identification solution (eKYC or electronic know your customers). … [Read more...] about Govt to keep pushing for cashless payment
The police have cracked down on many crypto rings so far. Many investors have been lured through the simple investment procedures and interest rate as high as 90% per month, and have been consequently defrauded for up to hundreds of billion of dong. Some swindlers have even offered an astounding interest rate of 120% per month to attract investors. … [Read more...] about Calling for cryptocurrency investment is illegal: official
Just a few months ago, there wasn't a lot of buzz around Gretchen Whitmer, a former state legislator in her second year as Michigan's governor. Then the coronavirus pandemic hit, and she became the face of her state's response, which included occasional criticism of what she viewed as the federal government's lacklustre handling of the outbreak. That made her a target for Donald Trump's vitriol - and elevated her national profile. … [Read more...] about Who could be Joe Biden’s vice-presidential candidate?