Hyundai readies to enter commercial vehicle market in india

Most notably for the country, a study by the Ministry of Planning and Investment indicates that under normal circumstances, the EVFTA has the potential to contribute to an average GDP increase of up to 3.2% over the first five years of its implementation. Indeed, this average GDP increase will rise to 5.3% over the subsequent five years and up to 7.72% ahead in the following five years. … [Read more...] about Local businesses told to upgrade upon entering EU market

SINGAPORE - Media OutReach - 6 August 2020 - Cellini Singapore eases budget constraints of existing and first-time homeowners with its interest-free instalment plan as locals continue to find their footing in the new normal. As retail sectors reopen with the continued alleviation of strict COVID-19 measures in Phase 2, Cellini has established new partnerships, offering customers a 'buy now, pay later' solution. On top of its five furniture showrooms across the country, Cellini aims to tap on its growing e-commerce presence to meet customer demands and drive sales beyond its brick-and-mortar locations. … [Read more...] about Cellini Launches Interest Free Payment Plans As Singapore Enters Phase 2

The Mui Dinh Wind Farm is strategically located in the south-central coastal province of Ninh Thuan, Vietnam. Its geographical location ensures high wind speed together with the Vietnamese government’s supportive policy allows developers and investors to explore opportunities in the area. This results in the province becoming Vietnam’s hotspot for renewable projects with over 80 percent of the country’s renewable power capacity being generated from Ninh Thuan. … [Read more...] about Banpu Energy Group acquires Mui Dinh Wind Farm

Hanoi (VNA) - The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD). The plan will be implemented via dividend payment in shares to shareholders. ACB plans to issue 498.8 million shares to pay the dividend, equivalent to a total value of 4.98 trillion VND. The payment ratio is 30 percent, meaning every shareholder will receive three new shares for every 10 they hold. The expected issuance time is the fourth quarter of this year. Previously, ACB planned to pay a 2019 dividend in shares and cash. However, due to the COVID-19 pandemic, the State Bank of Vietnam required banks to use resources to reduce interest rates, support businesses and not pay dividends in cash. ACB also plans to pay the 2020 dividend at a rate of not less than 20 percent. In the first six months of this year, ACB recorded a consolidated pre-tax profit of 3.8 trillion … [Read more...] about Central bank approves ACB’s plan to raise charter capital

Minister of Planning and Investment Nguyen Chi Dung said the ministry has formulated an action plan, focusing on four groups of tasks and solutions, including enhancing information dissemination on the trade pact and promoting investment promotion activities, reviewing policies and laws to improve the business environment and ensure the implementation of Viet Nam’s commitments under the trade pact. … [Read more...] about Ministry leaders discuss action plan to implement EVFTA