Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group's core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
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Agricultural sector aims to increase domestic beef production
By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production
General Department of Taxation accelerates collection from cross-border platforms
While previously, individuals were responsible for registering and declaring tax on their own. However, with the system's spectacular failure, the latest Decree No.126/2020/ND-CP guiding the Law on Tax Administration, the authorised partners of Google and Facebook have to register and declare tax on their behalf. … [Read more...] about General Department of Taxation accelerates collection from cross-border platforms
New energy renewable and efficiency model applied at Tan Son Nhat Airport
Opening Ceremony of Industrial Rooftop Solar Energy System at SCSC - Cargo Terminal in Tan Son Nhat International Airport The industrial rooftop solar power system on the roof of Saigon Cargo Services Corporation (SCSC) has an installed capacity of 1.1MWp on an area of more than 7,500 square metres, is invested by Copper Mountain Energy JSC (CME). This is the first renewable energy project to be installed at an airport in Vietnam and the largest in the inner area of Ho Chi Minh City. … [Read more...] about New energy renewable and efficiency model applied at Tan Son Nhat Airport
VN-Index inches down in week’s opening session
Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session