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Philippines: Vehicle sales zoom to year-high in October

MANILA, Philippines — The country’s group of vehicle assemblers achieved its highest monthly sales for the year in October, up nearly four percent from a year ago amid higher demand for both passenger cars (PC) and commercial vehicles (CV).  Data released yesterday showed combined sales of the Chamber of Automotive Manufacturers of the Philippines Inc. […]

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Vietnam banks urged to step up third-party risk management

The Hanoitimes – Most Vietnamese banks are still struggling to comply with the banking authority’s regulations related to digital transformation, particularly those concerning the management of third-party risks. Digital transformation has given rise to increased outsourcing of operations and services by banks to third-party vendors, leading to growing information security threats. Experts, therefore, urged local banks […]

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Vietnam to raise wage for civil servants by 7.3% in 2020

The Hanoitimes – The base wage is the reference for calculating salaries of employees in the state-run sector by multiplying with their corresponding coefficient. The Vietnamese National Assembly (NA) on November 12 approved a government proposal to raise wages for civil servants by 7.3% from July 1, 2020, local media reported. Accordingly, the monthly base wages […]

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