Vietnam needs regulations of digital, virtual assets Business

Vietnam needs regulations of digital, virtual assets

Vietnam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights.
Greater efforts needed to tackle inefficient projects Business

Greater efforts needed to tackle inefficient projects

Greater efforts and determination were needed to thoroughly tackle stagnant State-owned projects and create new resources and motivation to revive these projects and enable them to promote the country’s economic development.
HCM City’s former official prosecuted Society

HCM City’s former official prosecuted

The People’s Procuracy of Ho Chi Minh City on June 21 approved a decision to start legal proceedings against Tat Thanh Cang, former permanent vice secretary of the municipal Party Committee, for “violations of regulations on management and use of State assets, causing losses”.
Former TISCO leader faces up to 11 years in jail Society

Former TISCO leader faces up to 11 years in jail

A prison term of 10-11 years has been proposed for Tran Trong Mung, former General Director of the Thai Nguyen Iron and Steel JSC (TISCO), with the main role in wrongdoings at the company, during the ongoing first-instance trial held by the Hanoi People’s Court.
SeABank posts 2.3-fold surge in Q1 pre-tax profit Business

SeABank posts 2.3-fold surge in Q1 pre-tax profit

The Southeast Asia Commercial Joint Stock Bank (SeABank) earned pre-tax consolidated profit of 698.3 billion VND (nearly 30.4 million USD) in the first quarter of 2021, an increase of nearly 2.3-fold year-on-year.