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2 million phone numbers may be blocked for not verifying personal information

March 30, 2023 by e.vnexpress.net

The Ministry of Information and Communications said Wednesday some telecom providers had sought an extension of the deadline for verification, but it had refused. "Extending the deadline would make phone number owners procrastinate," Deputy Minister of Information and Communications Pham Duc Long said. Earlier this month the ministry had said personal information linked to mobile phone numbers that does not match the official national database would be locked from April. If the information is not updated and verified within 15 days, people will not be able to make calls or send text messages. After another 15 days they cannot receive calls or messages either. Finally, 30 days later, the subscribers' phone contracts will be terminated. By Tuesday only 1.8 million numbers had their information updated, or only 47% of the 3.8 million that needed verification, according to the Vietnam Telecommunications Authority (VTA). It said it has instructed service providers to send … [Read more...] about 2 million phone numbers may be blocked for not verifying personal information

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Party chief Trong has phone conversation with US President Biden

March 30, 2023 by e.vnexpress.net

Trong said the two countries should make economic, scientific and technological cooperation the focus of and driving force for their relationship. He also hoped they would continue with defense-security cooperation, promote trade and work together in new fields such as logistics, the digital economy, green transformation, and healthcare, according to a statement released by the Central Committee for Foreign Affairs. The two sides should step up cooperation in overcoming the consequences of their past war, U.N. peacekeeping activities, information exchange, and crime prevention, he said. The U.S. should create favorable conditions to increase the number of Vietnamese studying in its schools, and the building of Fulbright University Vietnam into a high-quality training center in the region is a welcome step, he said. He hoped the U.S. would continue to support Vietnam's efforts to cope with climate change, one of its major development undertakings. Vietnam welcomed the U.S.’s … [Read more...] about Party chief Trong has phone conversation with US President Biden

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Bringing the standards and quality of Japanese retail brands to Vietnam

March 30, 2023 by vir.com.vn

This year, difficulties from within the economy will continue to affect the retail industry and demand is expected to continue to decline. How does AEON Vietnam think 2023 will shape up in general? Furusawa Yasuyuki, general director of AEON Vietnam Although there are many difficulties, I think the economic growth rate in 2023 will remain at a stable level, reaching the growth target set by the Vietnamese government. However, recently, rising raw material prices have significantly affected the lives of consumers. This will also be one of the factors affecting consumption trends in 2023. Besides that, due to the influence of inflation in Europe and the US, the number of export orders from Vietnam decreased sharply. Some businesses are forced to cut labour and reduce working hours, greatly affecting the economy and the lives of workers - as well as the consumers. I think, within in the first half of this year, there will still be many difficulties and those may take … [Read more...] about Bringing the standards and quality of Japanese retail brands to Vietnam

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Thailand expects 17-20 million travelers during Songkran Festival

March 28, 2023 by en.vietnamplus.vn

Bangkok (VNA) - The Thai government will fully support this year's Songkran Festival , which takes place from April 13-15, with 17 – 20 million people expected to travel around the country next month. According to Government spokesman Anucha Burapachaisri , Prime Minister Prayut Chan-o-cha had ordered state agencies to prepare grand events for the holiday. The expected number of tourist represents a significant increase from the COVID-19 pandemic period. Anucha said the government has launched campaigns to encourage people to enjoy trips and travel during public holidays between now and September under the Tourism Authority of Thailand's "Visit Thailand Year: Amazing New Chapters" scheme and such campaigns as We Travel Together, Wonder Deal and Secret Code 365. To ensure safety, visitors are encouraged to install the "I Lert U" smartphone application, which allows users to report issues and request assistance. Moreover, it locates the caller and sends help using the … [Read more...] about Thailand expects 17-20 million travelers during Songkran Festival

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SBV’s draft regulations encourage banks to support corporate bond market

March 30, 2023 by bizhub.vn

A bank employee handles cash. The corporate bond market has flourished with an estimated annual issuance value of over VND500 trillion (US$21.9 billion) in 2021. — VNA/VNS Photo The State Bank of Viet Nam has unveiled a preliminary revision to Circular 16, requesting public input on proposed modifications that would permit credit institutions to procure corporate bonds as a means of boosting liquidity in the corporate bond market. The revision corresponds to Decree 08 of the Government, which went into effect on March 5 and aims to address bottlenecks in the corporate bond market. Circular No. 16/2021/TT-NHNN, issued on November 10, 2021, delineated principles for the acquisition and sale of corporate bonds by credit institutions. The preliminary revision aims to clarify and expound on various components of Circular 16 to avoid ambiguities and gaps. The notable changes include more specific regulations for banks in investing in corporate bonds, such as banks’ responsibility … [Read more...] about SBV’s draft regulations encourage banks to support corporate bond market

Filed Under: Uncategorized corporate bond market, SBV, Markets, regulators investors zero in on corporate debt market, extending fama-french factors to corporate bond markets, the treasury high quality market (hqm) corporate bond yield curve

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