As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering National Risk Assessment (ML NRA).
Capturing and updating information and new regulations for business on risks in the e-commerce market place are extremely important, said Nguyen Duc Trung, Deputy Director of the Agency for Enterprise Development (AED) under the Ministry of Planning and Investment (MPI).
Indonesia’s gross domestic product (GDP) growth could slow to 4.9 percent in 2020 and 4.6 percent in 2022 amid intensifying risks such as the escalating trade tension between China and the US, according to the World Bank.
Ho Chi Minh City’s realty sector experienced a hazy first half of the year, with dwindling supply of both high-end and pocket-sized apartments, according to insiders.
The Government should enhance macro-economy stability to strengthen the national economy when risks are yet to appear, said members of the National Financial and Monetary Policy Advisory Council at a meeting on July 2.
Risks and challenges must be identified during the digital transformation era to ensure that Vietnam continues to grow and be prosperous, according to a new report issued by Australia’s CSIRO and Vietnam’s Ministry of Science and Technology.
Deputy Prime Minister Vuong Dinh Hue has signed a decision to promulgate an action plan to address money laundering and terrorism financing risks in the 2019-2020 period.
Although FDI has played an important role in boosting Vietnam’s economy, recent changes in policies and regulations have exposed many foreign investors to considerable risks and obstacles.
As a centre of the Mekong Delta, Can Tho is expected to pioneer in the enhancement of urban resilience in Vietnam, heard a workshop held in the city on June 27.
