Minister of Public Security Tô Lâm answers queries from National Assembly deputies as the parliament discusses the draft amended law on exit and entry of foreigners in Hà Nội on Thursday. — VNA/VNS Photo HÀ NỘI — Lawmakers today asked for more careful consideration of the draft amended law on exit and entry of foreigners, which would exempt visas for those who stay a duration of less than 30 days in a coastal economic zone. The draft law stated that the visa waiver would be possible as long as the economic zone has a clearly delineated boundary, an international airport, and that the policy is proven to be needed for the socio-economic development of the area. The policy is meant to institutionalise the 30-day visa exemption that is already being trialled at the island district off the coast of the southern province of Kiên Giang and provide a legal basis to apply the model to other coastal economic zones with similar conditions. The … [Read more...] about NA concerned over security risks as Gov’t mulls visa exemption for foreigners
The CLMV (Cambodia, Laos, Myanmar and Vietnam) group represents nascent potential merger and acquisition (M&A) opportunities in the region, with frontier Vietnam serving as a gateway into the group as it seeks an upgrade to emerging market status, according to Merrill Corporation. CLMV countries continue to hold promise for M&A deals, according to Merrill Corporation and Mergermarket. M&As in Vietnam from 2011 to the third quarter of 2016 saw 187 deals worth $14.075 billion, according to Merrill Corporation, a leading technology-enabled platform for secure content sharing, regulated communications, and disclosure services. The company has teamed up with Mergermarket to discover the momentum of M&A in Southeast Asia in its newsletter “Southeast Asia M&A: Trends Shaping the Region”. Cheaper labor and lower setup and operational costs for manufacturing bases in the countries are garnering interest from foreign investors as China shifts away … [Read more...] about Potential remains in regional M&A
Deputy Minister of Industry and Trade Do Thang Hai delivered his speech at the Vietnam Food Forum.(Source: VNA) HCM City (VNS/VNA) - The use of technology is considered one of the most important factors to improve the yields and quality of agricultural products and enable them to join the global value chain, delegates heard at a forum in Ho Chi Minh City on November 14. Speaking at the Vietnam Food Forum, Deputy Minister of Industry and Trade Do Thang Hai said: “This year, the forum aims to share the global development trends with respect to agricultural products and foods in the technology era and the experience of applying technology in agricultural production and food processing.” Gerald H, Smith, senior agricultural attché at the US Consulate in HCM City, spoke about the importance of international standards for trade in food and agricultural products. “WTO members are obligated to base their measures on international standards or their own risk … [Read more...] about Technology key to agricultural production: forum
Two Vietnamese freshmen have made a group of products to equip children with knowledge of sexual abuse risk and help enable their self-protection in a country where formal anti-pedophilia schooling is still nascent. Doan Anh Tram and Do Anh Tuan, students at the University of Social Sciences and Humanities, a famous school in Ho Chi Minh City, were so concerned about multiple child abuse scandals in their high-school time that they decided to design products in a homespun effort to preempt the issue to some extent. The products consist of a website (https://bacsigaunau.wordpress.com/) with information on child abuse; a YouTube channel that has child-abuse prevention cartoons they made using Microsoft PowerPoint; a handbook with detailed knowledge on child abuse; flashcards with skills to handle possible real-life child abuses; and jigsaw puzzles on molestation. Images in them are considered appropriate to those 6-12 years old and able to captivate their attention. Tram and Tuan said … [Read more...] about Two Vietnamese freshmen create sexual abuse education products for children
Real estate firms are rushing to issue corporate bonds, which analysts say shows their thirst for capital. But there are risks. A report of the State Securities Commission (SSC) showed that VND60 trillion worth of corporate bonds were issued in the first half of the year. Meanwhile, according to Military Bank Securities, the figure is VND70 trillion. Real estate firms are rushing to issue corporate bonds, which analysts say shows their thirst for capital. But there are risks. The high bond interest rate is what analysts find worrying. Kim Chi Real estate firms switch to bonds due to less bank loans Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said. Strong desire for M&A deals in real estate Foreign investment flows into Vietnam’s property sector through merger and acquisition transactions have been reported to be on a strong … [Read more...] about What’s behind real estate firms’ race to issue corporate bonds?