grab committed to tax obligations

Grab committed to tax obligations

Singapore-backed Grab Vietnam has defended itself from queries over its tax-charging policy involving its drivers. 
in good stead to capitalise on digital tech

In good stead to capitalise on digital tech

Vietnam’s digital transformation is entering a new development period which is expected to lure increasing involvement among local and multinational corporations. Mark Toh, executive committee of the Singapore Business Association in Vietnam, discussed with VIR’s Bich Thuy about the growth potential of the local digital market for Singaporean investors.
bac lieu attracts lions share of fdi capital in first four months

Bac Lieu attracts lion’s share of FDI capital in first four months

The southern province of Bac Lieu topped the country in attracting foreign investment in the first four months of 2020 with a single project worth 4 billion USD producing electricity from LNG, the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) has reported.
singapore becomes biggest investor in vietnam during jan april

Singapore becomes biggest investor in Vietnam during Jan-April

Singapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total.
vsip nghe an a space to work a place to live

VSIP Nghe An – a space to work, a place to live

A great number of large groups are interested in the Intergrated Township and Industrial Park VSIP Nghe An, which demonstrates the enormous potential of this service, urban and industrial park.
southeast asia insurtech axinan closes series a round rebrands to igloo

Southeast Asia Insurtech Axinan closes Series A+ Round, rebrands to Igloo

Singapore-headquartered insurtech startup Igloo (previously known as Axinan), announced on April 28 that it has successfully closed its Series A+ funding round, bringing its total funding to $16 million.
se asia reports 35000 covid 19 cases on april 23

SE Asia reports 35,000 COVID-19 cases on April 23

Southeast Asia reported new 35,000 COVID-19 infections and 1,271 deaths on April 23, with Singapore being the largest regional hotbed.
singapores covid 19 cases surpass 10000

Singapore’s COVID-19 cases surpass 10,000

The number of COVID-19 cases in Singapore has exceeded 10,000, with 1,016 new cases reported as of noon on April 22, according to the local health ministry.
two vietnamese citizens in singapore positive for sars cov 2

Two Vietnamese citizens in Singapore positive for SARS-CoV-2

The Vietnamese Embassy in Singapore announced that by the end of April 13, there were two Vietnamese citizens living in the country confirmed to get infected with the coronavirus SARS-CoV-2.
singapore to spend 63 billion usd on supporting families businesses

Singapore to spend 6.3 billion USD on supporting families, businesses

About 9 billion SDG (6.3 billion USD) in support will be rolled out to families and businesses in Singapore in April as part of measures to help them overcome difficulties amid the COVID-19 opandemic, said Singaporean Deputy Prime Minister cum Finance Minister Heng Swee Keat.
singapore plans to step up domestic food production

Singapore plans to step up domestic food production

The Singaporean Government on April 8 announced new measures to accelerate local food production as the COVID-19 pandemic has disrupted global supply chains.
should sea group stop pouring capital in shopee

Should SEA Group stop pouring capital in Shopee?

With the investment in Shopee seeming far from effective for Singapore-based SEA Group as the platform has been suffering tremendous losses for years now.
singapores retail sales down 86 percent in february

Singapore’s retail sales down 8.6 percent in February

Singapore’s retail sales in February fell by 8.6 percent year-on-year, compared to the 5.3 percent reduction in the previous month, according to the country’s Department of Statistics.
vietnamese firms supported in export to singapore amid covid 19

Vietnamese firms supported in export to Singapore amid COVID-19

Around 500 tonnes of Vietnamese products, including coffee, instant noodle, sweet potato, cabbage, pineapple, watermelon, and dragon fruit, were exported to Singapore in March, according to the Vietnamese Commercial Affair Office in Singapore
ascendas reit acquires 25 per cent stake in galaxis for 7229 million

Ascendas Reit acquires 25 per cent stake in Galaxis for $72.29 million

Ascendas Funds Management Limited, which manages Ascendas Real Estate Investment Trust (Ascendas Reit), on March 31, 2020 announced that Ascendas Reit has acquired a 25 per cent equity stake in the holding entity for Galaxis for SGD102.91 million ($72.29 million) from MBK Real Estate Asia Pte., Ltd., a wholly-owned subsidiary of Mitsui & Co., Ltd.