Business working capital

HCM City (VNA) – Ho Chi Minh City is taking drastic measures to promote disbursement of public funds, which plays an important role in economic development amidst the COVID-19 pandemic. According to the municipal People’s Committee, nearly 32 trillion VND (1.38 billion USD) was disbursed as of December 31, 2020, some 27.3 trillion VND of which came from the city’s budget (accounting for 74.1 percent of the assigned plan) and the remainder from the state budget (equivalent to 57.2 percent of the plan). Director of the municipal Department of Planning and Investment Le Thi Huynh Mai said the results did not live up to expectations of the Government and the city leaders, pointing out tardy disbursement of the Official Development Assistance (ODA) capital affected the city’s outcomes. Since the state budget year 2020 will end on January 31, 2021, the department will ask investors to speed up the work, striving for the disbursement rate of 95 percent for the … [Read more...] about HCM City speeds up disbursement of public capital

The nonprofit online publication Capital & Main, citing unnamed county sources, reported Thursday night that the county Board of Supervisors is holding a closed-door discussion today to consider additional infection-control measures, including possible closures of more non-essential businesses. Longtime L.A.-based TV reporter Gigi Graciette this morning cited sources telling her that closures were, indeed, being discussed in the Supervisors’ meeting. … [Read more...] about Los Angeles Covid-19 Update: County Supervisors Reportedly Discuss New Business Closures In Closed-Door Meeting

“It's brilliant to see how resilient London's tech sector has been, despite all the challenges of 2020. International investors have shown real confidence in London, with new venture capital funds setting up here to invest in high-growth companies in sectors like fintech, cybersecurity and health tech. This is because London continues to be the gateway to the European market and a fantastic place to set up and scale a tech company," said Laura Citron, CEO of London & Partners. … [Read more...] about Bengaluru world’s fastest growing tech hub, Mumbai 6th

Caspar Nadaud said: “Charlie brings his significant expertise and international relationships into the POM team as we continue to invest in our mission to bring quality content to the big screen, globally. A presence in London as one of our industry’s capitals is essential as we continue to grow within the worldwide theatrical space.” … [Read more...] about Distributor Piece Of Magic Entertainment Hires Altitude Exec As Head Of Acquisitions & Business Development

Hanoi (VNA) - Chairman of the Hanoi People’s Committee Chu Ngoc Anh suggested Samsung provide the city with technical support in developing smart city and smart transport and promoting digital transformation. He made the suggestion during a January 14 meeting with the General Director of Samsung Vietnam, Choi Joo Ho, who paid a courtesy call to report on the Republic of Korea (RoK) company’s projects in Hanoi. Choi said that work on Samsung’s Research & Development (R&D) Centre in Hanoi started last March and is on schedule, with 23 percent completed. Once opened, the centre will employ about 3,000 tech engineers primarily responsible for developing software, the 5G network, artificial intelligence (AI), and Big Data, he said, adding that this will contribute to economic growth in Hanoi and Vietnam at large. Samsung Vietnam is committed to strictly complying with local regulations and ensuring workplace safety. He also asked for continued support from … [Read more...] about Samsung urged to back Hanoi in smart city development