Vietnamese Prime Minister Pham Minh Chinh virtually attended and delivered a speech at the launching ceremony of the Indo-Pacific Economic Framework for Prosperity (IPEF) on Monday, according to the Ministry of Foreign Affairs. Organized in both online and offline formats, the launch of the IPEF saw the attendance of Japanese Prime Minister Fumio Kishida, Indian Prime Minister Narendra Modi, U.S. President Joe Biden, South Korean President Yoon Suk Yeol, New Zealand Prime Minister Jacinda Ardern, Thai Prime Minister Prayut Chan-o-cha, Singaporean Prime Minister Lee Hsien Loong, the economic ministers of Brunei, Indonesia, Malaysia, and the Philippines, and leaders of the Australian Department of Foreign Affairs and Trade. The leaders shared a vision of an open, inclusive, equitable, rules-based, connected, resilient, secure, and prosperous Asia-Pacific region with the potential for sustainable and inclusive economic growth, which will be the driving force for the global economy. … [Read more...] about Vietnam premier attends launching ceremony of Indo-Pacific Economic Framework for Prosperity
Yamaha launches new scooter
Vietnam launches national blockchain association
At the Tuesday opening ceremony of the association, which falls under the Ministry of Home Affairs, Tran Van Tung, deputy minister of Science and Technology, said that among the top 200 blockchain companies around the world, seven were founded by Vietnamese. "We have 10 businesses working in blockchain and having a capitalization of over $100 million. Vietnam's blockchain unicorns have also raised their global influence," he said. Tung said blockchain technology is groundbreaking. As the numbers of engineers and businesses increase, their need for connection and sharing grows too. The existence of a blockchain association therefore is necessary. "I hope the association could be a place for both organizations and individuals to share their experience and resources to foster research and trials, therefore contributing to the nation's digital transformation and the development of a digital economy and society," Tung said. Hoang Van Huay, head of Vietnam Blockchain Association, … [Read more...] about Vietnam launches national blockchain association
US-ASEAN summit marks ‘new era’ for ties: Biden
Addressing the second day of a two-day meeting, Biden said "a great deal of history of our world in the next 50 years is going to be written in the ASEAN countries, and our relationship with you is the future, in the coming years and decades." The summit marks the first time that ASEAN leaders gathered as a group in Washington and their first meeting hosted by a U.S. president since 2016. The Biden administration hopes the effort will show that Washington remains focused on the Indo-Pacific and the long-term challenge of China, which it views as its main competitor, despite the crisis in Ukraine. "We're launching a new era - a new era - in U.S.-ASEAN relations," Biden said. Earlier, U.S. Vice President Kamala Harris told ASEAN leaders the United States would remain in the region for generations and stressed the need to maintain freedom of the seas, which Washington says is challenged by China. "The United States and ASEAN have shared a vision for this region, and together we … [Read more...] about US-ASEAN summit marks ‘new era’ for ties: Biden
Eisai Vietnam opens new office and enters strategic partnership
The opening of Eisai's new office in District 3, Ho Chi Minh City The company’s new office is located in Saigon Giai Phong Tower, 432-438 Nguyen Thi Minh Khai street in District 3, Ho Chi Minh City. Eisai Vietnam also signed an MoU with the Vietnam Neurological Association to increase access to diagnosis and improve the quality of treatment for the Alzheimer's community up to 2025. Eisai Vietnam is a wholly-owned subsidiary of Eisai Co., Ltd. – a leading global research and development-based pharmaceutical company headquartered in Japan. Founded in 1941, Eisai Group currently has 46 companies and subsidiaries and more than 10,000 employees worldwide. Eisai's corporate philosophy is to think about patients and their families first and to increase the benefits that health care provides to address significant unmet medical needs. Eisai's corporate philosophy is to think about patients and their families first and to increase the benefits that health care provides … [Read more...] about Eisai Vietnam opens new office and enters strategic partnership
Gunman kills 10 in live-streamed racial attack on New York state supermarket
An 18-year-old white gunman shot 10 people to death and wounded three on Saturday at a grocery store in a Black neighborhood of upstate New York, before surrendering after what authorities called an act of "racially motivated violent extremism." Authorities said the suspect, who was armed with an assault-style rifle and appeared to have acted alone, drove to Buffalo from his home several hours away to launch the afternoon attack that he broadcast in real time on social media platform Twitch, a live video service owned by Amazon.com. Eleven of the 13 people struck by gunfire were Black, officials said. The two others were white. The racial breakdown of the dead was not made clear. Court papers named the suspect as Payton Gendron of Conklin, a town of about 5,000 people in New York's Southern Tier region near the Pennsylvania border. He was arraigned hours after the shooting in state court on first-degree murder charges, which carry a maximum penalty of life in prison without … [Read more...] about Gunman kills 10 in live-streamed racial attack on New York state supermarket
Biden says 13 countries to join new Asia-Pacific trade framework
"The United States and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, or IPEF, Biden said at a press conference alongside Japanese Prime Minister Fumio Kishida. "This framework is a commitment to working with our close friends and partners in the region on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. Biden was due to make a formal rollout of the framework later Monday. He did not say what countries had already signed up to IPEF, which the White House is billing as a framework for what will ultimately become a tight-knit group of trading nations. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market access -- a tool that has become increasingly unpalatable to U.S. voters fearful of undermining homegrown manufacturing. Instead, the program foresees integrating partners through agreed standards in four main areas: the … [Read more...] about Biden says 13 countries to join new Asia-Pacific trade framework
Frasers Law Company launches second edition of M&A Guide
Launched on May 10, the Frasers Vietnam M&A Guide provides the most comprehensive and up-to-date M&A guide in Vietnam. “It is arguably the most scintillating read of 2022 for people interested in M&A transactions in Vietnam and focuses on key regulatory considerations that need to be considered when undertaking a successful M&A deal in Vietnam,” the law firm's statement said. The second edition of the Frasers Vietnam Mergers & Acquisitions Guide launched this May M&A hit new highs in 2021, breaking all previous records despite the impact of the pandemic. As a result, Vietnam enjoys a vibrant and ever-expanding M&A market. “Opportunities for investors in the M&A market are increasingly available, across the full spectrum of industry sectors. The government continues to foster a vibrant M&A market in Vietnam, enhancing meaningful and effective legal, regulatory, administrative, and bureaucratic reforms, for the benefit of both … [Read more...] about Frasers Law Company launches second edition of M&A Guide
Prudent approach to launch of FOTA and related tokens
Trinh Ngoc Duc, CEO of FOTA, talked with VIR’s Linh Le about the company’s journey in the past year and its upcoming plans As a young company, FOTA’s recent fundraising result was impressive. What are some of the challenges that you met along the journey? We started in November. Most companies would not choose to begin their journey during this time, as there were so many other projects throughout making the industry too competitive by the end of that year. In addition, scams and low-quality projects have caused investors and consumers to be a lot more cautious. So even in its infancy, FOTA has met a lot of obstacles and had to put in double effort to swim upstream amidst the market’s downturn. As we prepared for launch, there were two factors that we focused on: finding the best-suited incubator to help us build our roadmap and strategy, and a lead fund that can provide support and guidance. Last year saw not only a boom in new projects but also the birth of many new … [Read more...] about Prudent approach to launch of FOTA and related tokens
Vinhomes launches the mega-urban project – Vinhomes Ocean Park 2 – The Empire
Privilege of living in 'urban wonder': Vinhomes Ocean Park 2 - The Empire AES Corporation and PV Gas granted Investment Registration Certificate for Son My LNG Terminal SSIS successfully applies Cisco Meraki system on campus Times Garden Vietnam enters strategic consulting contract with Roland Berger Credit cards for ordinary customers, a big market remains untapped On April 30, Vinhomes Joint Stock Company officially launched the mega-urban project Vinhomes Ocean Park 2 - The Empire. The project has a large 18-ha sea park complex with artificial waves - Royal Wave Park, 4-season Tropical Paradise Bay Park - the largest indoor and outdoor complex of more than 12 ha in Asia. After going into operation and connecting with Vinhomes Ocean Park 1, this will be a world-class marine mega-urban complex with a scale of more than 1,000 ha, creating a new “Ocean District” shining in the east of Ha Noi. Vinhomes Ocean Park 2 - The Empire is in a prime location, just 3 … [Read more...] about Vinhomes launches the mega-urban project – Vinhomes Ocean Park 2 – The Empire
Sun World Halong Complex to launch a range of new events and experiences
Privilege of living in 'urban wonder': Vinhomes Ocean Park 2 - The Empire Vinhomes launches the mega-urban project - Vinhomes Ocean Park 2 - The Empire AES Corporation and PV Gas granted Investment Registration Certificate for Son My LNG Terminal SSIS successfully applies Cisco Meraki system on campus Times Garden Vietnam enters strategic consulting contract with Roland Berger Sun Group’s Sun World Halong Complex has officially had Dragon Park and Tornado Water Park re-operated since April 23. Many new experiences and preferential programs are also applied on this occasion so that the visitors to Ha Long on the April 30 to May 1 holiday had an interesting journey of discovery. Lightening-Speed Flying Dragon - Dragon Park- Sun World Halong Complex Welcome back to two parks, Sun World Halong Complex launches special offers from April 23 to 29. Accordingly, the ticket price for the Dragon Park is VND 100,000/ticket, the ticket price for the Tornado Water Park … [Read more...] about Sun World Halong Complex to launch a range of new events and experiences