To that end, governments in the region must consider policies that encourage greater entry and participation of MSMEs in the digital economy, spur innovation, and empower these businesses with the ability to grow and invest for the future. However, governments in several Southeast Asian economies such as Vietnam, Indonesia, Cambodia, Thailand, and the Philippines have, in recent years, enacted regulations that are likely to dampen innovation and erect barriers for local businesses, entrepreneurs, and startups. … [Read more...] about Digitalisation to power regional recuperation
Korea electric power corporation
Moreover, the OneVinmec application deployed since May 2020 is expected to provide a wide range of medical solutions for customers. Meanwhile, personal movement tracking devices such as the Vantix band would help to raise labour productivity at Vinpearl by 15-25 per cent. … [Read more...] about What’s next for Vingroup? What is One Mount Group?
However, the information is in line with Vingroup’s announcing late last year plans to enter the US. In an interview with CNN, the group’s vice chairwoman Le Thi Thu Thuy said that the US is a very promising market and the group “will initially focus resources on investing there, then steadily expand to other markets.” … [Read more...] about Vingroup may break into US market through acquisition of LG smartphone business
Policy support is deemed the key reason for the constant rise in inward remittance volume. Up until now, two positive points in the legal aspect are noted. Firstly, the recipients are not required to pay personal income tax as applied to other kinds of personal income that is regarded as an advantage compared to many other countries. … [Read more...] about Prospects remain bright over dented remittance inflows
On the other hand, the responsibility also lies with companies to equip themselves with the knowledge of IP rights and understand how important it is to register their IP to protect their service, products, and trademark. The legal knowledge will also prevent companies from violating IP rights without being aware of the incident. All things considered, the protection of IP rights plays a significant role in the development of the domestic business market with a secured environment for organisations to thrive and promote the integration of Vietnam in the international market. … [Read more...] about International integration through strong intellectual property rights protection