Coming top of weeks of damp weather, the latest rainstorms are worsening conditions in New Zealand's already sodden landscape. Experts have attributed the unseasonably wet weather to a narrow stream of water vapor, or an 'atmospheric river', sitting above the country. Weather forecaster Metservice's data showed part of the north of the South Island had received well over 300 millimeters of rain (11.8 inches) in the past 24 hours. It has heavy rain warnings in place for parts of the west of the South Island and in the north of the North Island. Metservice data showed Nelson city on the South Island had received 106 millimeters of rain since midday on Tuesday - well above its average rainfall for the whole of August of 80 millimeters. On New Zealand's North Island, the country's largest city, Auckland, is under a heavy rain and winds alert, with minimal disruption reported so far. Authorities said more than 230 homes in Nelson, a city with a population of more than 50,000, have … [Read more...] about Torrential rains lash New Zealand for 3rd day, hundreds evacuate homes
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Washington and Taipei unveiled the U.S.-Taiwan Initiative on 21st-Century Trade in June, just days after the Biden administration excluded the Chinese-claimed island from its Asia-focused economic plan designed to counter China's growing influence. The office of the U.S. Trade Representative said the two sides had "reached consensus on the negotiating mandate" and it was expected that the first round of talks will take place early this autumn. "We plan to pursue an ambitious schedule for achieving high-standard commitments and meaningful outcomes covering the eleven trade areas in the negotiating mandate that will help build a fairer, more prosperous and resilient 21st-century economy," Deputy United States Trade Representative Sarah Bianchi said in a statement. The negotiating mandate released along with the announcement said the United States and Taiwan have set a robust agenda for talks on issues like trade facilitation, good regulatory practices, and removing discriminatory … [Read more...] about US, Taiwan to start formal trade talks under new initiative
Peter Zimmermann from Germany said he and his wife have been coming to Vietnam for 5-6 months every winter since 2013 and they always rented a house or a large apartment in the beach town of Nha Trang. "Vietnam is really an excellent place to live as a retiree as local people are open and very friendly. There are good hotels, resorts, restaurants, cafes and apartments. Great beaches by the sea and lots of culture and history to discover," he told VnExpress International . However, current visa policies remain a major barrier for pensioners looking to settle down in Vietnam because the country has not resumed its pre-pandemic visa policies. Apart from granting visa exemption to 24 tourism markets for stays of 15-30 days, Vietnam only issues a one-month single-entry e-visa to visitors from other countries, instead of the three-month multi-entry visas it used to issue. "It is not reasonable for pensioners like us to leave the country every 30 days and return with a new … [Read more...] about Vietnam visa policy rebuffs foreign retirees’ love
On August 12, the Danang People's Committee in collaboration with State Committee for Overseas Vietnamese Affairs (SCOV) held a seminar in Ho Chi Minh City to introduce Danang’s investment climate. The event attracted overseas Vietnamese to participate online from 19 countries and territories including the United States, Canada, Japan, South Korea, China, Taiwan, Australia, Germany, Russia, Poland, Slovakia, England, France, Italy, Belgium, Switzerland, Hungary, Thailand, and Mongolia. The event also saw the participation of 100 enterprises run by Vietnamese abroad. At the seminar, Do Thi Quynh Tram, deputy director of the Investment Promotion and Support Department shared a report about Danang’s strategies for development and called for investment in the city. The report covers preferential policies as well as projects calling for investment in the fields of high-tech industry, IT, supporting industries, and industrial park infrastructure construction. She also … [Read more...] about Overseas Vietnamese strengthen Danang’s investment climate
HD SAISON has unveiled a preferential loan package of VND10 trillion (US$429.78 million) for workers at industrial parks across the country with the stated goal of protecting them from loan sharks. — Photo courtesy of the company HD SAISON, a subsidiary of HDBank, has earmarked a loan package of VND10 trillion (US$429.78 million) at half the market interest rate for workers at industrial parks across the country. Through this, it hopes to help the government stabilise the economy and ensure social security, and protect workers from loan sharks. Workers expressed happiness on hearing about the package. HD SAISON will lend from this package until the end of 2023 at an interest rate of 20 per cent a year compared to the normal rate of 40-50 per cent. Borrowers can roll over their loans for several years. For the sake of workers An HD SAISON spokesperson said the company was honoured to be chosen by the Government and the State Bank of Vietnam as one of two consumer finance … [Read more...] about Why do workers opt for HD SAISON’s loan package?