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A prominent member of the Aboitiz family, Mr. Endika Aboiztiz has been instrumental in turning into a conglomerate the Aboitiz Group in the Philippines. He believes firmly in EV technologies and he has supported Global Electric Transport ("GET Philippines") to become one of the leading electric bus services providers through QEV Philippines across the country. … [Read more...] about China Dynamics Welcomes New International Investors

A rise in both the number and the value of mergers and acquisitions (M&As) in Vietnam last year and early this year have signaled that M&As are booming in the country. According to auditing firm Pricewater House Coopers (PwC)’s statistics, there were 295 M&As worth a combined 1,138 million USD in the country last year, up 77 percent over the previous year. In the first quarter of this year, the market was more ebullient with larger acquisitions: the Vietnam Industrial and Commercial Bank (Vietinbank) sold 10 percent and 15 percent of its statutory capital to the International Finance Corporation (IFC) and Canada ’s Nova Scotia Bank respectively, and VNPT Global sold 10 percent of its shares to the Singapore Technologies Telemedia (ST Telemedia). Notably, the Hung Vuong Fishery Joint Stock Company (HVG) offered to buy 3.75 million shares of the An Giang Fishery Import-Export Joint Stock Company (AGF) in a bid to raise its share in AGF to 51 … [Read more...] about M&A boom building up steam in Vietnam

Upcoming opportunities include investing in domestic travel, new tourism products, high-quality human resources, digitalisation in tourism, and infrastructure to help the country shine on both the local and international stage, local and international tourism industry leaders said at a roundtable organised by RMIT University on Wednesday (Jan 20). … [Read more...] about Experts predict positive outlook for Viet Nam’s tourism post-COVID

With a network of branches and transaction offices that have spread all over the country, the SBV has instructed credit institutions to diversify banking products and services, reduce interest rates and simplify lending procedures in order to facilitate people’s access to credit packages through official channels, Ha Thu Giang, Deputy Director of Department of Credit for Economic Sectors under the SBV said. … [Read more...] about Development of consumer finance: vital to fight black credit

According to the ministry's report, the two men aged 54 and 66 returned from the US and transited in South Korea before landing at Cam Ranh International Airport in Khanh Hoa Province on January 1. They were sent to a quarantine area upon arrival in Phu Yen Province and tested positive for SARS-CoV-2 on January 20. The patients are now being treated at the Phu Yen Provincial General Hospital. Earlier, 16 other people who boarded the same flight with them had also been infected with the virus. With these new infection cases, the number of imported Covid-19 patients in Vietnam has increased to 852. As of 6 pm on January 21, a total of 1,411 Covid-19 patients had recovered and been discharged from hospital. There have been 35 deaths, most of them being the elderly with serious underlying diseases. At present, over 18,000 people who had close contact with Covid-19 patients or returned from virus-hit areas are being monitored at hospitals, quarantine facilities, and at home. … [Read more...] about Two more imported Covid-19 patients confirmred on Thursday