HCM City hopes for continued Japanese investment A Ho Chi Minh City leader has expressed his hope that Japanese businesses will continue to see the city as an attractive investment destination that brings interests to both sides. Standing Vice Chairman of the municipal People’s Committee Le Thanh Liem made the wish while chairing a roundtable between the city administration and the Japanese business community on December 18. HCM City has always taken on board suggestions from foreign businesses, including Japanese, for improving its investment environment and living conditions and adopting appropriate policies to enable foreign investors to operate here, he said. According to Liem, Japan is one of the city’s important partners in several fields. As of last November, it was the fifth largest foreign investor in the city with 1,247 ongoing projects worth a total of nearly 4.2 billion USD. “This figure is very impressive but still not commensurate with the potential and … [Read more...] about Government News 19/12
Gender pay gap regulations
Police revoke 9,800 driving licences in two months Traffic policemen check a car driver’s documents Traffic police across the country revoked some 9,800 driving licences from September 21 to November 20, 2018. Recent reports from the Traffic Police Department under the Ministry of Public Security revealed that after two months implementing the Prime Minister’s command to ensure road safety, nearly 142,000 traffic violation cases were handled with 9,800 driving licences withdrawn and 4,500 cars seized. Among vehicles violating traffic rules, trucks accounted for 55 percent, while coaches and cars took 17 percent and 28 percent, respectively. The police found 53 fake licences, four fake vehicle registrations and withdrew the number plates of 110 expired cars. Provincial traffic police units were asked to tighten management over vehicles, especially those that are about to expire, and ensure traffic safety on the threshold of Tet (Vietnamese Lunar New Year) festival. … [Read more...] about Social News 17/12
News Analysis Jonathan Martin and Alexander Burns, New York Times 9:43 pm PDT, Saturday, September 29, 2018 Judge Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington, Sept. 27, 2018. Kavanaugh’s claim that Democrats wielded allegations of sexual assault allegation to try to sink his nomination resonates among conservatives suspicious that the real agenda is to hurt the president. (Gabriella Demczuk/The New York Times) less Judge Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington, Sept. 27, 2018. Kavanaugh’s claim that Democrats wielded allegations of sexual assault allegation to try to ... more Photo: GABRIELLA DEMCZUK, NYT Christine Blasey Ford testifies to the Senate Judiciary Committee on Capitol Hill in Washington, Thursday, Sept. 27, 2018. (Saul Loeb/Pool Photo via AP) Christine Blasey Ford testifies to … [Read more...] about Kavanaugh could help GOP in Senate midterms. But not in House races.
Viet Nam News HÀ NỘI — There is plenty of room for further development of the digital finance industry, but experts worry that this the huge number of people without bank accounts and the slow policy-making process will stall progress. According to the World Bank’s 2017 Global Findex Database, 69 per cent of adults in the world have bank accounts, leaving around 1.7-1.8 billion people with no bank accounts. The figure was up from 62 per cent in 2014 and 51 per cent in 2011, driven by the rise of digital payment, which has emerged in developing regions such as Africa, India, China and Southeast Asia, World Bank expert Kyle Keller told a conference on Thursday. Four challenges remain to tackle the development of digital payment: age, gender, education and income, Keller said. Of the four elements, income is the major issue as developing countries are facing big income gaps, indicating a large number of people remain trapped in poverty despite overall growth. … [Read more...] about Lack of bank access slows digital payment growth