Some 7,000 state agencies are set to fully use the e-transaction system for money transfers and social welfare payments to citizens starting in June, says the Comptroller-General’s Department. The Finance Ministry mandated state agencies adopt an electronic payment system instead of cash and cheques starting from March 27, said director-general Suttirat Rattanachot. The 7,000 state […]
Read MoreThe Hanoitimes – Among 26,785 new firms established in Vietnam in the first quarter of the year, 1,226 came from the real estate industry, a year-on-year increase of 32.7 per cent. According to the Ministry of Planning and Investment (MPI), the total registered capital of the firms was nearly VND278.49 trillion (US$12.2 billion) in the period, […]
Read MoreConcerns are mounting from multiple parties after Grab, the taxi ride hailing company, officially announced the acquisition of rival Uber’s Southeast Asia operations on Monday. ‘‘We have reached an agreement to combine our business in Southeast Asia with Grab. In exchange, Uber will take up a 27.5 percent stake in the combined company. After investing […]
Read MoreCommerce Minister Sontirat Sontijirawong says authorities have been monitoring Big C’s mobile grocery stores and the government looks set to exercise two laws to ensure fair trade. “The ministry has already made inquiries after Big C Supercenter Plc began operating mobile grocery stores in pickups to sell consumer goods in villages. While the company said the […]
Read MoreCandid comments from businesses expose this govt’s leadership and policy void in managing the economy, with no vision and little action. As the administration concludes its second year, it has yet to deliver. BUSINESS leaders, in rare candour, have expressed strong reservations and wide-ranging criticism over the current government’s approach to the economy as it […]
Read MoreThe Hanoitimes – The Hanoi People`s Committee has recently issued Document No. 1170 on implementing instruction to sum up performance in 2017 and implement task for 2018 of the industry and trade sector. Under the Document, the industry and trade sector shall take following actions: Urgently complete and launch its plan on restructuring the industry sector […]
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Thailand
