Mr. John Bolton is appointed as the National Security Adviser (Photo: AP)"I am pleased to announce that, effective 4/9/18, @AmbJohnBolton will be my new National Security Advisor. I am very thankful for the service of General H.R. McMaster who has done an outstanding job & will always remain my friend. There will be an official contact handover on 4/9." President Donald Trump tweeted. Mr. John Bolton, 70, is an American diplomat, attorney, and served as the US Ambassador to the UN from August 2005 until December 2006 as a recess appointee by President George W. Bush. Bolton is currently a senior fellow at the American Enterprise Institute (AEI), senior advisor for Freedom Capital Investment Management, a Fox News Channel commentator, and of counsel to the Washington, D.C. law firm Kirkland & Ellis. He was a foreign policy adviser to 2012 presidential candidate Mitt Romney. Mr. Bolton is also involved … [Read more...] about US President appoints John Bolton as National Security Advisor
Freedom capital investment management
Investment Law broadens scope
Investment Law broadens scope (14-09-2005) A production line for steaming cloth in Tai-Ryong in the northern province of Phu Tho. — VNA/VNS Photo Duc Tam Ha Noi — The draft Investment Law was designed to both attract more investors from across the economic spectrum and lessen paper work, a National Assembly committee examining the proposed legislation was told yesterday. The law had been developed in the spirit of ensuring the equality and freedom of business investment of all entities, said Economics Affairs and Budget Committee director Nguyen Duc Kien. Kien, who was delivering his report to a sitting of the committee chaired by assembly deputy chairman Truong Quang Duoc, said it would ensure that investment procedures were decentralised and streamlined. Projects would be classified as: Less than VND15 billion (US$946,372); between VND15 billion and VND300 billion ($19 million) and more than VND300 billion. Investors in projects of the first category – with … [Read more...] about Investment Law broadens scope
Enterprise, Investment Laws seen positive results for business environment
The Hanoitimes - A remarkable rise in the number of enterprises and investment has showed positive impacts during one year after the launch the Law on Enterprises and the Investment Law, thanks to their strong renovation regulations, according to Bui Anh Tuan, head of the Department of Business Registration Management under the Ministry of Planning and Investment. The Law on Enterprises and the Investment Law, which took effect on July 1, 2015, have breathed new life into the country’s business climate, as recorded in the remarkable growth in the number of enterprises and investment. The Department of Business Registration Management under the Ministry of Planning and Investment said after one year of launching of the two laws, nearly 106,000 new firms were established with total capital of nearly 768 trillion VND (36.5 billion USD) or an average 7.25 billion VND each enterprise. The numbers showed increases of 27.8 percent in the number of enterprises, over 42 percent in total … [Read more...] about Enterprise, Investment Laws seen positive results for business environment
State firms want more freedom to invest
State-owned enterprises are calling for changes in a draft decree that would limit the size of their investments in banks, insurance companies and securities companies. Some State-owned enterprises are arguing that any such limits should be high enough to allow them to hold controlling interests in these companies. Under the draft regulation drawn up by the Ministry of Finance, State-owned enterprises (SOEs) would be required to reduce the percentage of capital they invest in non-core lines of business and would be limited to investing no more than 10 per cent of their charter capital in companies operating in the fields of banking, insurance or securities investment. They would also be limited to investing in only a single company in any one of these financial sectors. In addition, the contribution to such companies by each SOE would not be allowed to exceed 10 per cent of the financial company's charter capital. In other words, the SOE could not hold a stake greater … [Read more...] about State firms want more freedom to invest
Vietnam, Italy cooperate to develop the Capital’s transport infrastructure
The Hanoitimes - On September 26 evening, Chairman of Hanoi People`s Committee Nguyen Duc Chung received Mr. Graziano Delrio, Italian Minister of Infrastructure and Transport. At the meeting, Chairman of Hanoi People's Committee Nguyen Duc Chung introduced the situation of socio-economic development as well as a number of key projects in traffic development from now to 2020 of the Capital. Chairman of Hanoi People's Committee Nguyen Duc Chung received Mr. Graziano Delrio, Italian Minister of Infrastructure and Transport Chairman Chung said Hanoi is striving to accelerate the implementation of transport projects such as the Nhon-Hanoi Station elevated railway line, the railway connecting Yen Vien and Hanoi train stations. Construction will be started soon on the Nam Thang Long – Tran Hung Dao railway. The city is completing investment procedures to build six bridges across the Red (Hong) River, he added. He said Hanoi hopes to receive technical and financial support from … [Read more...] about Vietnam, Italy cooperate to develop the Capital’s transport infrastructure