Mamelodi sundowns foreign players

Real estate attracted most of the sum, US$145.1 million or 43 percent of the total. It was followed by science - technology (US$57.5 million, 17 percent) and processing - manufacturing industry (US$41 million, 12.1 percent), the municipal Department of Planning and Investment said. The southern economic hub lured only three new foreign investment projects worth US$115 million in January and February, it said, citing complex developments of the COVID-19 pandemic around the world as the reason. Up to 99.7 percent of the new capital was channeled into real estate, with 29.6 percent from Singapore and 70.1 percent from the Netherlands. From the year’s beginning to February 20, HCM City saw 22 existing projects have US$53.3 million added to their registered capital. Foreign investors also spent US$169.5 million on capital contributions to or share purchase in local firms during the time, data showed. Vietnamplus … [Read more...] about HCM City: Two-month foreign investment stands at US$337.8 million

Born and raised in Europe but Liisi has a special passion for Vietnamese Ao Dai (traditional gown) and Vietnamese silk products. Liisi next to silk garments from her own brand. Business started from the love for Ao Dai Liisi Mari (born 1990) was born and raised in Estonia. Liisi's family had been painters for three generations, so she inherited some of that talent. Living in the cradle of art, since childhood Liisi has always been immersed in paintbrushes and canvases. Her favorite technique is drawing on silk. Later, Liisi graduated from the University of Arts in Estonia and went to Hong Kong (China) to study. Here, she met the man of her dreams and got married to a Vietnamese. “When we first met, I often shared with my husband Ngoc my hobbies. He said Vietnam is a famous country for its silk. We talked about a lot of things but I was really fascinated when he had the same aspirations,” Liisi said. When she was introduced to Ngoc’s family, his mother … [Read more...] about Foreign woman loves Ao Dai, brings Vietnamese silk to the world

The Minister made the affirmation during separate receptions held on March 3 in Hanoi for Lee Kang-woo, general director of Lotte Properties Thu Thiem in Vietnam, and Horst Geicke, chairman and CEO of Ho Tram Sanctuary Company. During the reception held for Lee Kang-woo, Minister Dung congratulated the Korean Government on its recent success in containing the spread of the novel coronavirus (COVID-19) and on producing COVID-19 vaccines, materials, and goods. In addition, there was plenty of praise for the RoK’s support in helping the nation combat the pandemic. Mutual co-operation has continued to enjoy steady growth across multiple fields in recent times, Minister Dung said, adding that the Vietnamese Government greatly appreciates the RoK’s efforts to maintain its position as the largest foreign investor in the country. At present, the nation is still striving to meet the dual goals of combating the COVID-19 pandemic and boosting socio-economic development. Expressing great … [Read more...] about Vietnam willing to offer optimal conditions for foreign investors

Illustrative image (Photo: https://themalaysianreserve.com/) Kuala Lumpur (VNA) – China became the largest source of foreign direct investments ( FDI ) for Malaysia in 2020, the Malaysia n Investment Development Authority (MIDA) said on March 3. Malaysia recorded a total of 15.85 billion USD worth of FDI in 2020, equivalent to only 39.1 percent of the figure in 2019. Statistics from MIDA showed that China , Singapore, and the Netherlands were the top three FDI sources for Malaysia, accounting for more than 50 percent of the total approved FDI for the year. Among the major economic sectors, the manufacturing sector led in attracting FDI investments, recording 13.97 billion USD. Injecting 4.3 billion USD into Malaysia’s manufacturing, China remained as the top investor in the sector, and became the largest source of foreign investments in the field for five consecutive years./. VNA … [Read more...] about China becomes largest FDI source for Malaysia in 2020

The Hanoitimes - Investments in forex trading platforms, seen as illegal, would not be protected by law, said a senior official of the central bank. Credit institutions with permission from the State Bank of Vietnam (SBV) are the only ones allowed to provide foreign exchange (FX) trading and derivatives services on the domestic and international markets. Vice Governor of the State Bank of Vietnam Dao Minh Tu at the press briefing. Photo: Nhat Bac. I nvestors should be cautious in participating in illegal forex trading platforms, said SBV’s Vice Governor Dao Minh Tu at a monthly government’s press briefing on December 2, referring to the case of growing numbers of such platforms are calling for investment with promises of soaring profit. “So far, local authorities have not issued licence for any forex trading floor. Therefore, all transactions on these floors are illegal,” stressed Mr. Tu. “Individuals investing in these platforms, seen as … [Read more...] about Central Bank warns of illegal forex trading