World bank china

Article 55 restricts ownership in credit institutions as follows: individuals may not own more than 5 per cent of the chartered capital of a credit institution; an institutional shareholder may not own more than 15%; and a group of shareholders together may not own more than 20%. … [Read more...] about M&A picks up speed in banking

Vietnam's 4G average download speed of mobile data clocked at 20.6 Mbps, ranking 41st among 100 economies and second behind Singapore in Southeast Asia, according to a report released this month by OpenSignal, a British company that measures mobile user experience globally. … [Read more...] about Vietnam among world’s cheapest mobile data markets: report

As the Vietnamese Government is preparing its socio-economic development strategy for 2021-30 and a socio-economic development plan for 2021-25, the report recommends policy options to help it maintain the quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy. … [Read more...] about Viet Nam should enhance its productivity to grow: WB

Hanoi (VNA) – The World Bank (WB) released a report on May 27, offering policy recommendations to help Vietnam maintain quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy. The report, entitled “Vibrant Vietnam: Forging the Foundation of a High-Income Economy”, comes as the country’s Government is preparing its socio-economic development strategy for 2021-2030 and a socio-economic development plan for 2021-2025. It suggested that a productivity-driven development model – combining innovation with balanced development and allocation of private, public, human and natural capital – will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045. Some of the forces that have propelled Vietnam’s growth are now slowing. The country’s demographic dividend is fading, and global trade is declining, while other challenges – such as pollution and the … [Read more...] about WB report provides policy advice for Vietnam to maintain quality growth

India, clearly, needs to be watchful in the months ahead. "We need to be alert and anticipate where this is going next. The situation is all the more alarming as it comes at a time when the affected states are already reeling under Covid-19 and the ongoing heatwave," says Anshu Sharma of Sustainable Environment and Ecological Development Society, a non-profit disaster management organisation. BBC … [Read more...] about India combats locust attack amid Covid-19 pandemic