Buoyed by the upcoming increase in foreign ownership limit, international investors will be offered expanded opportunities to explore the lucrative Vietnamese aviation industry. Newer airlines such as Bamboo continue to pop up in Vietnam However, concerns have been raised that the amendments will not fully meet the expectations of interested parties, preventing aviation in the country from truly thriving. The government has agreed to raise the foreign ownership limit (FOL) in Vietnamese air carriage enterprises to 34 per cent from the current 30 per cent from the start of next year, according to Decree No.89/2019/ND-CP promulgated on November 15, amending some regulations of 2016’s Decree No.92/2016/ND-CP, covering the conditional business lines in the aviation sector, and Decree No.30/2013/ND-CP from 2013 on the air carriage business and common aviation activities. Decree 89 will take effect on January 1, 2020. Industry insiders say that the changes are … [Read more...] about Foreign groups grasp more aviation control
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MYPAY blockchain bank has landed, payment market or will usher in change
NEW YORK, US - Media OutReach - July 3, 2019 - With the rapid development of Bitcoin and its bottom core blockchain technology, people have fancied the application of blockchain digital currency, and many Internet giants around the world have been on the road of cryptocurrency entrepreneurship. Since 2019, the MYPAY created by the famous American engineer Mett Rayan has attracted wide attention from the global media. On June 26, 2019, US time, a huge promotional photo of MYPAY was unveiled in Times Square in New York. The loud slogan "Do not seek to change the world, only create more convenient applications for life" lit up the NASDAQ screen. The Times Square in New York is known as the "crossroads of the world." Tens of millions of business elites gather here every year. It is a veritable business core and a famous wealth landmark in the world. Among them, the Nasdaq semi-cylindrical large screen is one of the most striking landmarks. It is known as the "No.1 world … [Read more...] about MYPAY blockchain bank has landed, payment market or will usher in change
Binh Duong orders schools’ headmasters take responsibility for student transportation
School headmasters have been told they are responsible for student transportation and their safety when travelling to and from class. A school bus started smoking when taking students to Phú Primary School in Binh Duong Province on Wednesday. — Photo laodong.vn The warning was issued by the Education and Training Department of Binh Duong Province after smoke was seen billowing out of a vehicle carrying 10 pupils to An Phu Primary School on Wednesday. Although no one was injured, children on board panicked thinking their bus was on fire. An electric fault was the cause of the smoke. Now all schools in the area have been told they must ensure transport services chosen for school runs must be carefully checked. Both schools and drivers are required to seriously follow regulations on transporting students, the department said. Additionally, parents must also co-operate with schools to ensure student safety. In two separate incidents in the southern province of Dong Nai, … [Read more...] about Binh Duong orders schools’ headmasters take responsibility for student transportation
