Report of foreign bank and financial accounts

“The investment will be used to grow users based on the existing ecosystem, develop strategic technology solutions and people investment with the mission to bring convenience, security and happiness for Vietnamese people by providing platforms in financial services on mobile devices,” the Vietnam News Agency quoted Nguyen Thuan Chat, co-founder and CEO of Gpay, as saying. … [Read more...] about Vietnam’s e-wallet Gpay draws funding from S.Korean financial firm in Series A investment

Vietnam suspended all inbound international commercial flights late March, but the government has been operating repatriation flights to bring home Vietnamese citizens stuck abroad amid the pandemic, and has allowed special flights to carry foreign experts and investors to the country. … [Read more...] about Vietnam mandates 14-day quarantine for all foreign experts, flight crew

Foreigners caught not wearing face masks on the Indonesian resort island of Bali are being subject to an unusual punishment: push-ups. Video footage circulating on social media this week shows tourists in T-shirts and shorts being made to do the exercise in sweltering tropical heat as masked security officials stood over them. Bali authorities made wearing a face mask in public mandatory last year as Indonesia battled a raging Covid-19 outbreak. In recent days, however, scores of foreigners have been caught without face coverings, said security official Gusti Agung Ketut Suryanegara. More than 70 people paid a fine of 100,000 rupiah ($7), but about 30 others said they did not have the cash. Instead, they were ordered to do push-ups. Those not carrying a mask had to do up to 50, while those who were wearing one improperly were punished with 15. "At first, they would claim that they didn't know the regulation," Suryanegara told AFP. "Then they said they forgot, or that the mask … [Read more...] about Foreigners without face masks punished with push-ups in Bali

Additionally, Việt Nam was also effective in citizen protection work, assisted overseas Vietnamese in overcoming difficulties caused by the pandemic, and conducted some 300 flights carrying home more than 80,000 citizens from countries and territories worldwide. Positive results were seen in protecting borders and sovereignty. … [Read more...] about Foreign ministry hails press agencies’ contributions

Notably, Decree 153 only grants corporate bond purchase permit to professional securities investors (as prescribed under the securities law provisions) and strategic investors, on a case-by-case basis, to participate in the purchase of corporate bonds. This is one of the government’s efforts in minimising the risks of mass issuance of corporate bonds as in the past year for investors (especially individual investors) and the economy. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market