Orchestrating a successful digital transformation

The dreams of millions of Vietnamese football fans came true after decades of hurt and false dawns, as the men's team won their first ever gold medal at the Southeast Asian Games. (Photo: VNA) Hanoi (VNA) – After more than 10 days of competition, the Vietnamese delegation wrapped up the 30th Southeast Asian Games (SEA Games 30) in the Philippines with 98 gold medals and the second position, surpassing by far the initial targets of from 65-70 gold medals and the third position. This is the first time since the SEA Games 2009 Vietnam secured the second position. It is no exaggeration to say that this is one of the most successful SEA Games for Vietnam as athletes showed impressive progress in key events and even broke SEA Games records by far, including the cases of swimmers Huy Hoang and Hung Nguyen, and runner Nguyen Thi Oanh. SEA Games 30 is also a sweet memory for football fans as both the mean’s team and women’s team of Vietnam became champions. … [Read more...] about SEA Games 30 marks fine success for Vietnam

Resolution No 10/2017 of the municipal People’s Council, which seeks to encourage investment to transform the farm sector into a modern, efficient and sustainable one in 2017-20, provides for the subsidy. The loan amount entitled to the support will be based on the investment scale and the regulations of the lending organisation.  The subsidy will be equal to the average VND12 month deposit interest rate at four State-owned banks - Agribank, BIDV, Vietcombank, Vietinbank - plus 2%. If the lending interest rate is lower than the subsidy rate, the subsidy provided will be equal to the former. The subsidy will cover the following components: basic construction, machinery and equipment for agricultural production and processing, harvesting birds’ nest, buying new fishing vessels and upgrading machine capacity, replacing existing unproductive dairy cows, and seed and hi-tech agricultural production. The term of support will depend on the approved production cycle but not … [Read more...] about HCM City to pay interest for hi-tech farms

Stock Market Large-cap stocks buoy market recovery The Saigon Times Daily Wednesday,  Dec 11, 2019,19:21 (GMT+7) Large-cap stocks buoy market recoveryThe Saigon Times Daily Two investors look at the electronic stock price quotation board at Maybank Kim Eng Securities Company. The local stock market recovered today, December 11, with the VN-Index rising 1.48 points - PHOTO: THANH HOA HCMC – The local stock market recovered today, December 11, with the VN-Index rising 1.48 points, or 0.15%, at 961.78, backed by the rising prices of large-cap stocks. On the Hochiminh Stock Exchange, the VN-Index rebounded and hit its highest level of the day after falling below the reference mark. There were 216.5 million shares worth nearly VND4.4 trillion changing hands, down 10.8% in volume and 12.6% in value over the session earlier. In block deals, 57.9 million shares were traded with a total value of nearly VND1.5 trillion. … [Read more...] about Large-cap stocks buoy market recovery

Assembly line of Vespa motorbikes at Piaggio Vietnam Co Ltd in Binh Xuyen industrial zone in Vinh Phuc Province. (Photo: VNA) Hanoi (VNS/VNA) - Foreign investors have been encouraged to take advantage of the double benefits Vietnam is offering through its commitments in the many trade pacts signed with other countries. Foreign investment in Vietnam is expected to increase significantly after the country signed two important trade deals – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA). According to experts, foreign investors in Vietnam will enjoy the benefits of both the international market and preferential domestic policies. The agreements also offer a great opportunity for businesses that are not from the EU or CPTPP’s 10 other member countries. When investing in Vietnam, they can take advantage of tax incentives Vietnam has agreed upon with those countries. … [Read more...] about Foreign investors can make use of Vietnam’s trade deals

AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers. The biggest deal in the world this year will, if approved by regulators, give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The tie-up will likely face intense scrutiny by U.S. antitrust enforcers worried that AT&T might try to limit distribution of Time Warner material. AT&T will pay $107.50 per Time Warner share, half in cash and half in stock, worth $85.4 billion overall, according to a company statement. AT&T said it expected to close the deal by the end of 2017. Dallas-based AT&T said the U.S. Department of Justice would review the deal and that the companies were determining which Federal Communications Commission licenses, if any, would be transferred to AT&T in the deal. … [Read more...] about AT&T to buy Time Warner for $85 bln, create telecom-media giant