Sunday times rich list

MPI proposes a draft decree on procurement bidding under CPTTP MPI proposes a draft decree on procurement bidding under CPTTP The Ministry of Planning and Investment (MPI) has summited to the Government a draft decree on amending Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership Agreement (CPTTP). According to the MPI, the draft decree will amend and supplement some articles of Decree No 95. It aims to guide State companies to execute bidding packages under the CPTTP agreement and EU-Việt Nam Free Trade Agreement (EVFTA). However, per the Government's Resolution No 190/NQ-CP on the provisional application of the UK-Việt Nam FTA (UKVFTA), Việt Nam agreed to temporarily apply the UKVFTA from January 1, 2021. The agreement was negotiated based on the principle of inheriting commitments in the EVFTA with necessary adjustments to ensure compliance with the bilateral trade framework between Việt Nam … [Read more...] about VIETNAM BUSINESS NEWS FEB. 27

The Philippines on Wednesday condemned the "cowardly action" of a suspected Chinese fishing vessel accused of abandoning a Filipino fishing crew after a collision in the East Vietnam Sea, while thanking a Vietnamese ship for coming to the fishermen’s aid. The Chinese ship on Sunday hit a Filipino craft anchored near Reed Bank causing it to sink and leaving 22 crewmen "to the mercy of the elements," Philippine defense secretary Delfin Lorenzana was quoted by AFP as saying in a statement on Wednesday. "We condemn in the strongest terms the cowardly action of the suspected Chinese fishing vessel and its crew for abandoning the Filipino crew," Lorenzana said. "This is not the expected action from a responsible and friendly people." Lorenzana called for an investigation into the collision, and for "diplomatic steps" to be taken toward preventing a repeat of the incident. However, Philippine defense department spokesman Arsenio Andolong told AFP the agency had yet to confirm … [Read more...] about Philippines thanks Vietnam for rescuing sinking crew abandoned by ‘cowardly’ Chinese boat

Established in 1831, Generali is present in 50 countries around the world with total premium income of more than €69.7 billion ($85.2 billion) in 2019 To mark this occasion and leave a tangible and lasting recognition of the bond between the company and the regions where it was born and has prospered, Generali announces Fenice 190, a €3.5 billion ($4.2 billion) investment plan to support the recovery of the European economies impacted by COVID-19, starting in Italy, France, and Germany and to then targeting all European countries in which Generali operates throughout the five years of the plan. Fenice 190 will make the extraordinary initiatives launched in 2020 to tackle the effects of the pandemic permanent, which included investments in support of small- and medium-sized enterprises (SMEs) and the real economy already surpassing the established objective of €1 billion ($1.2 billion). The more than 70,000 employees of Generali will play a leading role in celebrating the … [Read more...] about Generali launches Fenice 190 to support sustainable recovery from COVID-19

New US President Joseph R. Biden was sworn in with his wife Jill Biden by his side, photo: AFP Last Wednesday many Americans breathed a sigh of relief as Joe Biden was sworn in as the 46th US President without any further incident from those who believe the election was “stolen” from former President Donald Trump. Instead of attending the ceremony as is tradition, Trump and his family took one last trip on Air Force One to Florida, where he will be based until the former reality TV star decides whether to run for president again in 2024 – or perhaps even endorse a family member for the post. Alongside Biden, Kamala Harris was sworn in as vice-president, becoming the first woman in American history – as well as the first woman of African-American and South Asian descent – to take on the role. “Few people in our nation’s history have been more challenged or found a time more difficult than the time we’re in now,” Biden said in his inauguration speech. He vowed to dedicate … [Read more...] about Domestic strife dampens US foreign policy

US President Joe Biden(C) leaves Holy Trinity Catholic Church in the Georgetown neighborhood of Washington,DC on January 24, 2021. Joe Biden has begun his presidency with sharp breaks from Donald Trump in both substance and tone, from climate change to immigration to a general openness to working with the rest of the world.(Nicholas Kamm / AFP) Biden will also on Monday extend the ban to travelers who have recently been to South Africa amid warnings that new, more transmissible coronavirus variants are already establishing themselves in the United States, the official said, confirming US media reports. The new president last week tightened mask wearing rules and ordered quarantine for people flying into the United States, as he seeks to tackle the country's worsening coronavirus crisis. Biden has said that the Covid-19 death toll would likely rise from 420,000 to half a million next month -- and that drastic action was needed. "We're in a national emergency. It's time we … [Read more...] about Biden to reinstate Covid travel bans: White House official