Yield hungry japanese investors flocking to chinese bonds

In September, 2019, Wang Qing Lin illegally entered Vietnam to work. One month later, Lin was fined VND4 million (USD173.91) for not completing the necessary entry procedures as required. After returning to China, Wang Qing Lin was told by a man named Xiao Hua to join the online visual stock market. Being promised to receive the monthly payment of CNY5,000, Lin agreed with the deal. On November 9, 2019, Wang Qing Lin illegally entered Vietnam again by road through an unidentified man. After re-entering Vietnam, Wang Qing Lin was taken to the central city of Danang by a Vietnamese person who has not yet been identified. In Danang City, with the support of Nguyen Thi Yen, 26 and Le Thi Toan, 38, Wang Qing Lin stayed in different areas in the city. During the stay in Danang, Wang Qing Lin used his mobile phones, iPads and laptops to operate an illegal visual stock website in China. On August 15, 2020, Wang Qing Lin and two other Chinese residents namely Li Jin Xi and Su Jin Shu were found … [Read more...] about Chinese man sentenced 18 months in prison due to illegal entry into Vietnam

HCM City (VNA) – A dialysis centre meeting Japanese standards in Ho Chi Minh City was put into operation at the local Nguyen Tri Phuong hospital on January 20.  The establishment is an outcome of cooperation between the hospital and Nipro Corporation, a Japanese medical equipment manufacturing conglomerate. As the centre employs dialysis membranes that can be reused, it offers high quality treatment at more affordable prices. According to Director of the hospital Vo Duc Chien, it has already run a high-quality dialysis centre since 2016 to serve demand from locals and foreign experts. However, the treatment cost is high compared to local incomes due to the use of single-use membranes.  Capable of serving about 100 patients a week, the new centre is expected to ease treatment pressures for the hospital’s dialysis department, which is currently treating 250 cases a week but still falling short of demand. At the opening ceremony, Vice Chairman of the … [Read more...] about HCM City opens Japanese-standard dialysis centre

Jakarta (VNA) – Members of the Indonesian House of Representatives (DPR) are discussing candidates for the supervisory board of the Sovereign Wealth Fund (SWF), representative of the House’s Commission XI Amir Uskara said on January 19. Earlier, President Joko Widodo sent a letter to the parliament, proposing the names to the DPR leaders. The President’s letter on the SWF investment authority board is still in possession of DPR leaders, who is going to hold an official meeting about the letter itself, he said, adding the formation of the SWF authority board will be discussed in the consultative assembly while the President’s proposed names will be considered carefully. The SWF is established in the context that the Indonesian economy has been battered by the COVID-19 pandemic. It is planned to operate early this year, and is expected to help the Southeast Asian country recover its economy after the outbreak is controlled. President Widodo earlier said that … [Read more...] about Indonesian parliament discusses candidates overseeing sovereign wealth fund

“Nobody knows if the pandemic will ever end, or if there will be other pandemics after that,” said Giang. “Therefore we are advocating bringing the interests of disadvantaged groups, including women migrant workers, into regular government regulations with the aim of tackling overall safety problems, so that no-one will go hungry or feel abandoned at any given time.” … [Read more...] about The migrant women who never quit

One of the largest MLM enterprises in Vietnam, Stella Ivy Cosmetic will continue operations under a new name Stella Ivy Cosmetic Co., Ltd., a distributor of Oriflame-branded products, which used to be one of the four multi-level marketing (MLM) companies with the largest revenue in Vietnam, officially stopped operation after its license expired. Subsequently, it established a new legal entity named Oriflame Vietnam Co., Ltd., operating under the same direct sale model. … [Read more...] about MLM enterprises dodge licencing by setting up new entities