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At the “International experience on blockchain technology development and recommendations for Vietnam” conference held last Friday, Michael R. DiGregorio, the Asia Foundation’s country representative in Vietnam, suggested that the Ministry of Information and Communications (MIC) should allow businesses to experimentally approach areas that are not clearly regulated by laws, such as blockchain. Legalities in way of blockchain progress, illustration photo The Asian Foundation is collaborating with Vietnam Blockchain Corporation and jupviec.vn to pilot the application of blockchain. After the blockchain platform is successfully integrated into jupviec.vn, the system will connect about 2,000 domestic helpers with potential customers through the website and mobile application. This creates favourable conditions for workers when looking for a job, helping to increase their ability to negotiate salaries and other benefits related to their work records and professional … [Read more...] about Legalities in way of blockchain progress

South Korea's Justice Ministry saying the business leader was needed to help overcome a "national economic crisis". The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery relating to his time leading the world's biggest smartphone and memory-chip maker. However, it should mean Lee will be able to carry out business activities more freely and could herald some big moves from Samsung, analysts said. "With urgent needs to overcome the national economic crisis, we carefully selected economic leaders who lead the national growth engine through active technology investment and job creation to be pardoned," Justice Minister Han Dong Hoon told a briefing. Also pardoned by pro-business President Yoon was Lotte Group chairman Shin Dong-bin, who was sentenced to a two-and-a-half-year prison sentence on charges of bribery. "We sincerely thank the government's and people's decision to grant pardon, and Chairman Shin Dong-bin and staff … [Read more...] about S.Korea’s Yoon pardons Samsung leader Jay Y. Lee

The 18th session of the Party Central Committee ’s Inspection Commission in Hanoi (Photo: VNA) Hanoi (VNA) – The Party Central Committee’s Inspection Commission held its 18th session in Hanoi from August 10 - 11 to discuss wrongdoings by several Party bodies and impose disciplinary measures against the officials involved. Looking into wrongdoings in the leadership over COVID-19 prevention and control by the Party civil affairs board at the Hai Duong provincial People’s Committee, the commission said the Standing Board of the provincial Party Committee and the civil affairs board at the provincial People’s Committee had violated democratic centralism principles and working regulations. A lack of supervision had enabled the provincial People’s Committee and some organisations and individuals to break Party rules and State laws on pandemic prevention and control, especially in signing contracts and creating conditions for the Viet A Technologies JSC to exclusively sell … [Read more...] about Party Inspection Commission holds 18th session