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In his more than 50-year journey, he has gone from a soldier on an arduous battlefield to a fierce marketplace with a legal corridor of shortcomings and a tempting corporate environment. Thanks to his strong courage, bravery, and wisdom, Giap has been publicly respected to be a leader of morality, vision, intelligence, and bravery, who has improved the brand of the 36 Corporation to become a leading reputable enterprise in construction. With outstanding achievements throughout his career, Giap has been awarded many noble titles and awards by the Party and the state. In 2010, he was the only individual in the country awarded the title of Hero of Labour. Most recently, he was honoured with the 3-year Asia-Pacific Entrepreneur Award by Enterprise Asia. Colonel and Hero of Labour Nguyen Dang Giap, chairman of the Board of Directors of 36 Corporation With the bravery of a soldier who gained a lot of battle experience and possesses the quality of keeping cool to cope … [Read more...] about Chairman of 36 Corporation honoured at Asia-Pacific Entrepreneur Award 2021

Delegates to the ASEAN-Japan Ministerial Meeting. (Photo: VNA) Tokyo (VNA) - Japanese Foreign Minister Yoshimasa Hayashi and his counterparts in ASEAN countries on August 4 committed to cooperating in promoting maritime security in the Indo-Pacific region. In their meeting in Phnom Penh within the framework of the 55th ASEAN Foreign Ministers’ Meeting and related meetings, Hayashi voiced strong opposition to any attempt to unilaterally change the status quo by force in the East and South China seas, Kyodo News reported, citing the Japan ese Foreign Ministry. Hayashi called on ASEAN peers to step up cooperation in achieving a free and open Indo-Pacific, and also vowed to support the 10-member group's efforts to realise the ASEAN Outlook on the Indo-Pacific, an initiative aimed at maintaining peace, freedom, and prosperity in the region. He expressed support for ASEAN's commitment to addressing the crisis in Myanmar. The ministers affirmed they will continue … [Read more...] about AMM-55: Japan, ASEAN pledge to cooperate toward free, open Indo-Pacific

Digital payment service provider Visa announced earlier this week the launch of Visa Eco Benefits in the Asia-Pacific region in order to meet increasing demand for sustainable financial services. Eco Benefits is a suite of sustainability-focused solutions that will help Visa cardholders across the region better understand the environmental impact of their day-to-day payments, the multinational company said in a press release on Wednesday. They can calculate the carbon footprint generated by their Visa transactions, and access options for carbon offsetting or charitable donations from their bank’s website or app. Banks in Asia Pacific that sign up for Eco Benefits will be able to offer these solutions to their Visa cardholders and meet a growing demand for sustainable financial services. Sixty-six percent of consumers in the Asia-Pacific region expect their bank to offer eco-friendly payment solutions, according to a new Visa/YouGov survey. Over half (52 percent) would switch … [Read more...] about Visa launches eco-friendly payment solutions in Asia Pacific

The Civil Aviation Authority of Vietnam (CAAV) has just asked Pacific Airlines to report on their current capital condition, and whether they meet the requirements to continue operations. Pacific Airlines faces closure due to financial difficulties. Illustrative photo In a notice sent to the airline, CAAV warned that if Pacific Airlines failed to maintain the required minimum capital for three consecutive years, their operational license would be revoked. As regulated in Decree 89, an airline with a fleet of between 11-30 aircraft should have minimum capital of VND 600 billion. However, Pacific Airlines hadn't met this requirement between 2020-21. The airline even had negative equity by VND2.27 trillion and VND 4.58 trillion in 2020 and 2021 respectively. Low-cost operator Pacific Airlines is a subsidiary of the national flag carrier Vietnam Airlines Vietnam. Formerly known as Jetstar Pacific, it restored its original brand in 2020 after Qantas sold its 30 … [Read more...] about Pacific Airlines faces closure due to financial difficulties

At the Changi Airport (Photo: AFP/VNA) Hanoi (VNA) – Singapore ’s Changi Airport is taking the lead in the recovery of air travel within the Asia-Pacific region, said Minister for Transport S. Iswaran. Addressing the parliament on August 2, Iswaran said, as quoted by Channel News Asia, that the Changi Airport is “ahead in terms of both international passenger traffic and city links vis-a-vis pre-COVID levels” as of June, compared to major Asia-Pacific air hubs, such as Incheon (the Republic of Korea), Hong Kong (China) and Bangkok (Thailand). As of the first week of July, its weekly passenger traffic has recovered to about 55% of 2019’s average weekly levels. Changi is also connected to 108 cities by passenger flights as of July 2022, which is more than 65% of the number of cities it was connected to before the pandemic, the minister said. To meet anticipated traveller flows, Iswaran said that the airport will reopen Terminal 4 from September 13, and start … [Read more...] about Singaporean airport leads air travel recovery in Asia Pacific

Exports to APEC markets, a driving force of Vietnam's seafood export growth Hosting this event offered Vietnam a chance to promote its goals of pandemic prevention and control, economic recovery and sustainable growth, highlight it as a safe and attractive investment destination, and improve Vietnam’s position in ABAC in particular and APEC in general. The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asian-Pacific region. APEC’s 21 member states aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration. The region is home to around 2.9 billion people (accounting for 38 percent of the world’s population) and represent about 62 percent of the world GDP and half of the world trade. The Vietnamese investment environment is improving Pham … [Read more...] about Vietnam hosts Asia-Pacific business leaders