The Government and the State Securities Commission plan to carry out some key measures to develop the stock market in a rapid and effective but safe manner, Minister of Finance Dinh Tien Dung has said. Speaking at the Lunar New Year ceremony held by the ministry at the HCM Stock Exchange yesterday, he said the stock market has played its role as a channel for mobilising medium- and long-term capital for the economy. It has also contributed greatly to the equitisation of State-owned enterprises and attraction of foreign investment. The 2018-20 period is important since a series of Party and State policies would be put into practice, he said. This year the Government would continue to implement policies to stabilise the economy, control inflation, promote sustainable development, develop the private sector, and speed up equitisation of and divestment of stakes in State-owned enterprises, he said. He directed the State Securities Commission to co-ordinate with relevant ministries and … [Read more...] about VN stock market targets safe growth
Play it safe
Vietnam targets effective, safe growth of stock market
Speaking at the Lunar New Year ceremony held by the ministry at the HCM Stock Exchange on February 23, the minister said the stock market has played its role well as a channel for mobilising medium and long-term capital for the economy. It has also greatly contributed to the equitisation of State-owned enterprises and in the attraction of foreign investment. According to the minister, this year the Government will continue to implement policies to stabilise the economy, control inflation, promote sustainable development, develop the private sector, and speed up the equitisation and divestment of stakes in State-owned enterprises. He directed the State Securities Commission to coordinate with relevant ministries and agencies to complete the legal framework so that securities can create a transparent environment for businesses and investors, and improve the quality of the market by adopting global principles and practises and risk management startegies. The minister also encouraged the … [Read more...] about Vietnam targets effective, safe growth of stock market
Siemens plays it safe
Siemens Group has launched its wireless fire detection system. With its swing fire detection system, known as Siemens wireless next generation, the group’s Siemens Building Technologies Division is introducing a wireless fire detection solution which offers a high level of reliability and flexibility. Swing combines a failsafe wireless network with patented advanced signal analysis (ASA) technology to ensure optimal fire detection. The system is especially suitable for use in locations where the wiring of fire detectors is impossible or undesirable. The swing system is based on mesh technology, which maximises communications redundancy and thus matches the security and reliability of a cable-based solution. Within the mesh network, each wireless device communicates with the adjacent devices, which means that at least two redundant paths are available at any time for transmitting information. To further increase reliability, each device has two frequency bands with multiple … [Read more...] about Siemens plays it safe
“Green Outlets – Safe Farm Products”
At a time when people are worried about food safety in Vietnam, the Ministry of Agriculture and Rural Development launched the program “Green outlets - Safe farm products”, that received positive feedback from the public. The program took place during one week at No.489 Hoang Quoc Viet, Cau Giay, Hanoi with the participation of more than 100 stands displaying VietGap-certified products or those produced under the food safety chain management from more than 40 cooperatives and agribusinesses across the country. They include rice, eggs, vegetables, bulbs, teas and honeys. At the event, the Ministry of Agriculture and Rural Development announced the addresses of 69 stores nationwide certified to provide food products that meet safety requirements and introduced production models, such as water culture, for other food producers to follow. Clean and safe tea branded An An by Tan An Tea Joint-stock Company (Thai Nguyen Province). Ba Huan clean eggs. Cordycepts Roberti of the … [Read more...] about “Green Outlets – Safe Farm Products”
In its fight for allies, Japan writes big checks
One of Japanese Prime Minister Shinzo Abe’s foreign policy goals is to team up with other Asian countries threatened by the rise of China. He’s expanding Japan’s aid for big infrastructure projects in Asian nations. In some cases the Japanese government finances these ventures through grants and loans; in others the Asian Development Bank, which has assets of $116 billion, counts 67 member countries, and is effectively controlled by Japan, lends the money. Japan and the ADB have been funding projects since 1966, but the pace has picked up in the past year. On July 4, at a summit of five Mekong River nations, Abe pledged 750 billion yen ($6.1 billion) in aid, part of his plan to increase by 25 percent Japanese and ADB funding for infrastructure projects. The ADB lent more than $10 billion last year in Asia, a 17 percent increase from 2013. That, the ADB promises, is just the start of its new, more generous policy. In the spring, the bank unveiled plans to increase … [Read more...] about In its fight for allies, Japan writes big checks