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He first goes out for a five-kilometer jog, returns home to work for an hour or two and then has some spare time before resuming work in the afternoon. Though his days are productive, for the 30-year-old software engineer in HCMC, working remotely for U.S.-based software company Acumatica gives him much greater flexibility than a traditional office job. As more and more global companies look to developing economies for skilled English-proficient workers at relatively lower salaries, in Vietnam, many young people like Dang are embracing the opportunity to acquire a whole new working experience. "The only difficulty is the different time zones," Dang, who has been working for Acumatica for four years as a regional product engineer, says. Every day, after meeting online with the North American team at 5 a.m, Dang also meets his colleagues in Singapore, Malaysia and the Philippines at 7 a.m. and in India and Sri Lanka at 5 p.m. Huynh Minh Dang during a business trip to … [Read more...] about Working remotely for foreign employers opens up dynamic lifestyle

US President Joe Biden meets with ASEAN member countries' leaders during the US-ASEAN Special Summit on May 13 (US time) in Washington DC. — VNA/VNS Photo Dương Giang HÀ NỘI — Vietnamese Prime Minister Phạm Minh Chính said he hopes major powers, who are all partners to the Association of Southeast Asian Nations (ASEAN), to work towards stable relations and responsible, healthy competition, for the sake of regional and global peace and security. The Vietnamese Government leader made the statement as he addressed the highly anticipated US-ASEAN Special Summit on Friday (May 13, US time), the first one to have been held in Washington DC during the 45 years of US-ASEAN partnership. The summit includes a meeting between ASEAN leaders and US President Joe Biden, a session between ASEAN leaders and US Vice President Kamala Harris on maritime security and COVID-19, and a session between ASEAN leaders and the US cabinet on climate, clean energy, and infrastructure. US leaders have … [Read more...] about Vietnamese PM wants major countries to respect ASEAN’s central role, int’l laws: US-ASEAN Summit

Speaker Tan, who is paying an official visit to Vietnam, thanked the country for supporting Singapore in COVID-19 response, noting the two countries’ cooperation and mutual assistance are growing even more strongly. Chairman Hue congratulated Singapore for successfully containing the pandemic and reopening the economy. He also appreciated its precious provision of COVID-19 vaccine and medical supplies for Vietnam and said he hopes the two sides will continue cooperating in scientific research on COVID-19 and other epidemics, firstly the current unexplained hepatitis in children. Vietnam attaches great importance to the countries’ strategic partnership and views Singapore as one of its leading partners in ASEAN in terms of both politics and economy, he stressed, asking both sides to coordinate closely to prepare for the 50th founding anniversary of bilateral diplomatic ties and the 10th anniversary of the strategic partnership in 2023. He noted Singapore is a leading investor in … [Read more...] about Vietnam, Singapore agree to further advance parliamentary relations

Launched on May 10, the Frasers Vietnam M&A Guide provides the most comprehensive and up-to-date M&A guide in Vietnam. “It is arguably the most scintillating read of 2022 for people interested in M&A transactions in Vietnam and focuses on key regulatory considerations that need to be considered when undertaking a successful M&A deal in Vietnam,” the law firm's statement said. The second edition of the Frasers Vietnam Mergers & Acquisitions Guide launched this May M&A hit new highs in 2021, breaking all previous records despite the impact of the pandemic. As a result, Vietnam enjoys a vibrant and ever-expanding M&A market. “Opportunities for investors in the M&A market are increasingly available, across the full spectrum of industry sectors. The government continues to foster a vibrant M&A market in Vietnam, enhancing meaningful and effective legal, regulatory, administrative, and bureaucratic reforms, for the benefit of both … [Read more...] about Frasers Law Company launches second edition of M&A Guide

Trinh Ngoc Duc, CEO of FOTA, talked with VIR’s Linh Le about the company’s journey in the past year and its upcoming plans As a young company, FOTA’s recent fundraising result was impressive. What are some of the challenges that you met along the journey? We started in November. Most companies would not choose to begin their journey during this time, as there were so many other projects throughout making the industry too competitive by the end of that year. In addition, scams and low-quality projects have caused investors and consumers to be a lot more cautious. So even in its infancy, FOTA has met a lot of obstacles and had to put in double effort to swim upstream amidst the market’s downturn. As we prepared for launch, there were two factors that we focused on: finding the best-suited incubator to help us build our roadmap and strategy, and a lead fund that can provide support and guidance. Last year saw not only a boom in new projects but also the birth of many new … [Read more...] about Prudent approach to launch of FOTA and related tokens

A barge with over 800 cubic meters of illegally mined sand along with 14 pumping machines is found in Can Gio sea In the inspection process, 50-year-old barge owner and captain Nguyen Cong Tuyen was required to stop the sand pump and submit documents related to sand exploitation permit; however, the man failed to submit any relevant documents related to the operation. The border guard forces made a record for handling the barge operator and took the barge anchor at naval squadron No.2 in Can Thanh Town, Can Gio District for verification, investigation and handling according to the regulation. Earlier, the border guard forces had arrested three barges along with 2,500 cubic meters of mined sand without legal documents in Can Gio sea in the early morning of May 16. By Tran Yen- Translated by Huyen Huong … [Read more...] about Additional illegal sand mining case detected in Can Gio sea

Prime Minister Phạm Minh Chính talks to US Secretary of State Antony Blinken in Washington DC on May 13 (US time). —VNA/VNS Photo WASHINGTON D.C — Prime Minister Phạm Minh Chính on his  working visit to the US and the United Nations met with US Secretary of State Antony Blinken in Washington D.C on May 13 morning (US time). The PM congratulated the US for its timely response to the COVID-19 pandemic and successfully bringing life back to normal, and thanked the US government and people for providing almost 40 million vaccine doses at a point of time when Việt Nam was in struggling. On bilateral relations, the PM stressed their special history. Going through upheavals, they have now achieved long and positive progress, in which the historical visit to the US seven years ago by Party General Secretary Nguyễn Phú Trọng laid a firm foundation and created a basis for the Vietnam-US comprehensive partnership to develop intensively and extensively, in the principle of respect to each … [Read more...] about Prime Minister meets US Secretary of State

Prime Minister Phạm Minh Chính  met with US National Security Advisor Jake Sullivan in Washington DC on May 13. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính held a reception for US National Security Advisor Jake Sullivan in Washington DC on May 13 (US time), as part of his working visit to the US and the United Nations. The PM spoke highly of the role and efforts of the US National Security Council in coordinating with the ASEAN member countries to organise the ASEAN-US Special Summit, demonstrating President Joe Biden administration’s strong commitment to the bloc and the region. PM Chính said since Việt Nam and the US normalised their relations they had cooperated sincerely, reliably, and responsibly with the willingness for constructive exchange of ideas and dialogues when there are differences, overcoming difficulties and maintaining a positive development momentum together. In recent years, there had been significant progress following the direction … [Read more...] about US security official agrees with Việt Nam’s proposal to clarify Indo-Pacific economic framework

President Nguyễn Xuân Phúc received Indonesian Minister of Defence Prabowo Subianto on Friday in Hà Nội as part of the latter's visit to Việt Nam. — VNA/VNS Photo HÀ NỘI — President Nguyễn Xuân Phúc on Friday called on the defence ministries of Việt Nam and Indonesia to bolster consultations and support each other at multilateral forums, and maintain the common stance of ASEAN on regional issues, including the South China Sea. He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defence policy dialogue play a major role in exchanging viewpoints, handling bottlenecks and promptly guiding bilateral defence ties. He hailed the official Việt Nam visit by Subianto and a high-ranking delegation of the Indonesian Defence Ministry to attend the ongoing SEA Games 31, saying it would promote bilateral defence cooperation in a practical and effective manner, contributing to the Việt … [Read more...] about President calls for stronger Việt Nam-Indonesia defence cooperation

He told the Vietnamese PM on the sidelines of the ASEAN-U.S. Special Summit on May 13 that he had fond memories of his two visits to Vietnam in 2015 and 2016. Overcoming the consequences of war is one of the top priorities in the bilateral relationship, and the U.S. would continue to coordinate closely with Vietnam for this, he assured. He also welcomed Vietnam's commitments at the 2021 United Nations Climate Change Conference Summit and promised U.S. help to fulfill them. Chinh thanked the U.S. for providing nearly 40 million doses of Covid-19 vaccines through bilateral channels and the Covax mechanism when Vietnam was facing its most difficult time during the pandemic. The relationship between the two countries has a special history, and it has gone through many ups and downs but achieved many positives, including the visit of General Secretary Nguyen Phu Trong to the U.S. seven years ago, he said. "The visit laid a solid foundation, created a basis for the development of … [Read more...] about US wishes for ‘strong, independent’ Vietnam: Secretary of State