3 thirds hong kong

Vietnam loses $800 million every year from local gamblers going to other countries, Photo: Le Toan The Ministry of Finance (MoF) is currently revising Decree No.03/2017/ND-CP governing the casino business in Vietnam to cut a number of investment conditions on segments such as casinos, lotteries, and betting. If approved, this revised decree will expectedly be a boon for investors implementing registered projects. Regarding lottery, electronic games for foreigners, and casinos alone, the MoF proposed to cut eight conditions and simplify two. Electronic gaming services for foreigners would have three fewer conditions, while casinos would be subject to one fewer condition, with an additional condition simplified. In addition, horse and dog racing would see two conditions removed and four simplified. Up until Decree 03 was issued in January 2017, after about a decade of waiting, only people with foreign passports were permitted to play in Vietnam’s casinos and … [Read more...] about Revised casino decree to further relax restrictions

  Tourists are seen at the Đà Nẵng International Airport. Three newest daily direct flights will be operating in the city this December. VNS Photo Công Thành  ĐÀ NẴNG — New daily regular air routes connecting Đà Nẵng City with Taiwan, Hong Kong and Singapore start from December 12, offering more options for local and foreign tourists as well as businessmen travelling in the New Year. The city’s tourism department said at a meeting last week the new daily air routes would promote tourism, investment and trade among cities in the region and the central city will be a favourite destination in the future. Representative of the budget airline, VietJet, in central region, Trần Hoàng Linh said it will launch two daily direct routes from Đà Nẵng to Hong Kong and Singapore in December. He said Vietjet, which are operating eight regular flights from Đà Nẵng to other … [Read more...] about Central city to see more three new direct flights

HONG KONG, CHINA - Media OutReach - 9 December 2019 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) has for the second consecutive year secured the Platinum Award, the highest honour of The Asset ESG Corporate Awards (the 'Awards', formerly known as The Asset Corporate Awards), as well as the Best Investor Relations Team Award for the first time. Kerry Logistics won the Platinum Award for its laudable efforts in achieving corporate sustainability, with strong management acumen and stringent governance reflected in its financial performance. It also received the Best Investor Relations Team Award in recognition of its investor relations team in new initiatives launched, facilitating outreach and enhancing communication with investors and analysts. William Ma, Group Managing Director of Kerry Logistics, said, "We are grateful to The Asset for acknowledging Kerry Logistics' dedication to the environment, to social responsibilities and to upholding … [Read more...] about Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year

The country scored an average of 61.5 points, above than the world average of 61, according to the 2019 Global Competitiveness Index 4.0 report released Tuesday by the World Economic Forum (WEF). The report compared 141 countries and territories around the world based on 103 key indicators grouped in 12 pillars, including institutions, infrastructure, adoption of information and communication technology (ICT), macroeconomic stability, labor market, financial system and market size. However, despite the substantial improvement in this year’s ranking, Vietnam remained far behind its Southeast Asian neighbors like Singapore (1st), Malaysia (27th), Thailand (40th), Indonesia (50th) and the Philippines (64th). In Southeast Asia, Vietnam only stood above Cambodia (106th) and Laos (113th). The report also said Vietnam scored highest in the factors of health (81 points, ranked 71st), macro-economic stability (75 points, 64th) and market size (72 points, 26th). The country’s … [Read more...] about Vietnam jumps highest in global competitive ranking

Production at Nhan Co Alumina plant (Photo: VNA) According to a report from the Dak Nong Aluminum Company - the plant’s operator, the Nhan Co factory produced more than 324,000 tonnes of alumina in the first half of 2018, or 56% of the set target for the whole year. After one year of operation, the plant’s total alumina output was 600,348 tonnes. Around 303,000 tonnes of alumina produced by the Nhan Co plant were consumed during the January-June period, equivalent to 55.6% of the annual plan. Vinacomin Chairman Le Minh Chuan said that advanced technical solutions, rational production chains, and strict management of technical standards and costs are the key to reducing production costs while improving production efficiency. With more than 98.6% of alumina content, the plant’s products have been favoured in many foreign markets like Japan, the Republic of Korea, Hong Kong (China), Singapore, the United Arab Emirates (UAE) and Sweden. This year, Vinacomin inked … [Read more...] about Nhan Co alumina plant achieves VND3.2 trillion in revenue