Kotak asset allocator fund

Arif Widjaja, general director of Japfa Vietnam said, “We highly appreciate the initiative to establish the COVID-19 Vaccine Fund of the Vietnamese government with a view to offering vaccination to at least three-fourths of the population. With the commitment to doing sustainable business, we go hand in hand with Vietnam during these hard times to overcome the pandemic.” Japfa Vietnam hands over $1 million to the C OVID-19 Vaccine Fund “Since the outbreak of the pandemic, Vietnam has always been among the few countries successfully containing the pandemic. Considering the open immunisation strategy for the people, the decisive leadership of the government, and the solidarity and unity of the people and businesses, I believe that Vietnam will contain the spread of the pandemic and continue its high economic recovery momentum,” he added. At the donation ceremony, Do Van Chien, Secretary of the Party Central Committee and president of the Vietnam Fatherland Front … [Read more...] about Japfa Vietnam donates $1 million to COVID-19 Vaccine Fund

Six former executives of Sadeco charged for alleged asset embezzlement The Saigon Times The headquarters of Tan Thuan Industrial Promotion Company Limited. Six former executives of Sadeco have been charged for alleged asset embezzlement - PHOTO: TNO HCMC – The HCMC People’s Procuracy has approved filing charges against six former executives of the South Saigon Development Corporation (Sadeco), who were former chief accountant and ex-members of the boards of directors and supervisors of the corporation, for their alleged asset embezzlement. The move was part of an expanded investigation into the violations of Tat Thanh Cang, former permanent deputy secretary of the HCMC Party Committee, and 18 accomplices at the Tan Thuan Industrial Promotion Company Limited (IPC) and its subsidiary—Sadeco, Thanh Nien Online newspaper reported. The six comprised Nguyen Van Minh, former head of Sadeco’s board of supervisors; Pham Xuan Trung, ex-deputy general director of IPC; Tran … [Read more...] about Six former executives of Sadeco charged for alleged asset embezzlement

Sharing at the event, Mr. Arif Widjaja, General Director of Japfa Comfeed Vietnam Co., Ltd., said, “We highly appreciate the initiative to establish the Covid-19 Vaccine Fund of the Vietnamese Government with a view to offering the vaccination to at least three-fourths of the population. With the commitment to doing sustainable business, we always go hand in hand with Vietnam during these hard times to overcome the pandemic. In response to the appeal of the Vietnamese Government, we – on behalf of the Management and staff of Japfa – are participating to contribute US$1 million to the fund.” Japfa Vietnam hands over US$1 million to the Covid-19 Vaccine Fund “Since the outbreak of the pandemic, Vietnam has always been among a few countries succeeding in containing the spread of Covid-19. Considering the open immunization strategy for the people, the decisive leadership of the Government and the solidarity and unity of the people and businesses, I believe that Vietnam … [Read more...] about Japfa Vietnam donates US$1 million to the Covid-19 Vaccine Fund

HCM City to kick off COVID-19 vaccination campaign on June 19 Ho Chi Minh City is set to begin its COVID-19 vaccination campaign on June 19, with priority groups to get injected with about 800,000 AstraZeneca vaccine doses donated by the Japanese Government. Checking the vaccine preservation at a cold storage warehouse in the Cat Lai Industrial Park on June 17, Deputy Minister of Health Nguyen Truong Son said among the 966,300 vaccine doses donated by the Japanese Government to Vietnam, 836,000 doses were allocated to HCM City. He noted according to regulations, a batch of vaccine delivered to Vietnam will undergo examination, which will take 48 hours, at the Hanoi-based National Institute for Control of Vaccines and Biologicals, and only when the vaccine gets the quality certificate can it be put into use. The largest-ever vaccination campaign in HCM City is scheduled to last for about five to seven days, targeting the priority groups identified in the … [Read more...] about VIETNAM NEWS HEADLINES JUNE 18

Vietnam’s digital economy presents chances for investors, start-ups The newswire techwireasia.com on June 16 ran an article saying that Vietnam has been steadily growing its highly promising digital economy, presenting multiple opportunities for investors, startups, and businesses alike. The author wrote that in recent years, the Southeast Asian region has been seeing rapid and sustained efforts and investment into various digital economy initiatives by both the public and private sectors. Tech giants have been creating waves, most recently the Tokopedia-Gojek merger, and earlier, Grab pushing for a US listing with a valuation of over 40 billion USD. Estimates by Google, Temasek, and Bain & Co predicted that the Vietnamese sector could grow to 52 billion USD by 2025, which comes up to about a sixth of the massive 300 billion USD regional digital economy pie. According to the article, backed by a stable political climate, progressive economic policies, and … [Read more...] about VIETNAM BUSINESS NEWS JUNE 18