Smc trading investment joint stock company

Those convicted of such illegal activity face a fine of up to VND5 billion ($216,400) or five years in jail, he said, adding that his ministry has provided evidence of illegal multi-level marketing forex activities to the Ministry of Public Security for investigation. … [Read more...] about Forex trading by individuals booms in Vietnam though illegal

The project will be implemented in in the period 2020-2030 with a total investment capital of VND95,800 billion (US$4 billion). This is one of 45 projects under the strategic breakthrough programs of the Resolution of the 11th City Party Congress for the 2020-2025 term, carried out by the HCMC Department of Industry and Trade in coordination with the Vietnam Logistics Research and Development Institute. With its strategic target, the growth rate of logistics service revenue from the HCMC enterprises is expected to reach 15 percent by 2025 and 20 percent by 2030, contributing to 10 percent and 12 percent of Gross regional domestic product (GRDP) in 2025 and 2030 respectively; thereby the country’s average logistics cost will fall to 10 percent to 15percent in 2025. Additionally, the project will contribute to promoting construction progress of ring roads and expressways connecting Ho Chi Minh City with the Southern provinces, promoting freight transport by waterways and … [Read more...] about Ho Chi Minh City invests US$4 billion for development of logistics sector

Mentioning nearly 41.000 enterprises having resumed operation in the January–November period, or an increase of 11% inter-annually, as sign of positive economic prospect, the PM expressed concern over the number of enterprises temporarily ceasing operations that remained high at 44,400, a surge of 59.7% year-on-year. … [Read more...] about Gov’t commits to gaining 2.5%-GDP growth target

Nguyen The Hieu, deputy director of the Ministry of Industry and Trade’s Department of Personnel and Organization, said Vietnam is looking forward to receiving more support from Japan in human resource training. He urged providing schools with more information about employers’ recruitment plans and job placement requirements, so that they can develop training plans suitable for business needs. … [Read more...] about Vietnam pilots Japan’s training to improve productivity

If the Prime Minister approves the new FIT, this won’t be the solution to ‘help ease difficulties for renewable energy investors as reported, but will be a new challenge for them. If so, Vietnam won’t be able to attract investors to the field with great potential. … [Read more...] about Wind power developers worried about low electricity price