ISCA allocates $15 million to support aspiring Chartered Accountants via the Singapore Chartered Accountant Qualification Programme
ISCA intends to build a stronger candidate community and network by providing facilitated study sessions, mentoring sessions, candidate and alumni events. ISCA President, Mr Teo Ser Luck said: “We will support students with more enhancements to make the SCAQ programme accessible and attractive.”Why become a Chartered Accountant of Singapore (CA Singapore)? The SCAQ programme comes with a curriculum that imparts cutting-edge technical skills and weaves together elements that meet the needs of Singapore and the Asian market. These students can focus on their studies and qualification journey and pay back the SCAQ programme fees after they have started working. [2] ACRA, ‘The Institute of Singapore Chartered Accountants (ISCA) to administer the Singapore Chartered Accountant Qualification Programme (SCAQ) from 1 January 2024’ (19 December 2023, [1] ACRA, 'Serving the Accountancy Sector as One Entity' (1 April 2023, https://www.acra.gov.sg/announcements/serving-the-accountancy-sector-as-one-entity [2] ACRA, ‘The Institute of Singapore Chartered Accountants (ISCA) to administer the Singapore Chartered Accountant Qualification Programme (SCAQ) from 1 January 2024’ (19 December 2023, https://www.acra.gov.sg/news-events/news-details/id/773ISCA is looking to provide more scholarships for aspiring Chartered Accountants in universities and polytechnics, for both accountancy and non-accountancy graduates.
Source:Viet Nam News
December 26, 2023 19:53 UTC
Binh Dinh greenlights substantial investment ventures
Some of them signalled readiness to sign memoranda of understanding with the province, committing to invest in major projects. These include onshore, nearshore, and offshore wind farms with a planned capacity of 2,000 MW and an estimated capital outlay of around 4.8 billion USD. At present, Binh Dinh province is prioritising projects aimed at bolstering key pillars of economic growth in the foreseeable future, including industries, tourism services, seaports-logistics, hi-tech agriculture and urbanisation. According to the provincial Department of Planning and Investment, the entire province has attracted 76 domestic projects valued at more than 15.2 trillion VND, and six foreign-invested ventures valued at 46.2 million USD since the beginning of this year. The province is now home to a total of 91 FDI projects, with total registered capital surpassing 1.187 billion USD./.
Source:Viet Nam News
December 26, 2023 17:40 UTC
Vietnam a bright spot in global panorama
(Photo: VNA)– Vietnam has recorded many encouraging results amid complex and unexpected developments in the world situation in 2023. Many experts and international organisations perceived that the country remains a bright spot in the global panorama.This year, Vietnamese leaders have paid tens of visits to other countries, attended many regional and international events, and engaged in a number of bilateral meetings with important partners. In September, during US President Joe Biden ’s visit, the two countries’ relations were lifted to a comprehensive strategic partnership for peace, cooperation, and sustainable development. In November, Vietnam and Japan elevated their relations to a comprehensive strategic partnership for peace and prosperity in Asia and the world during President Vo Van Thuong’s visit to the Northeast Asian country.Dr. The US is a major export market of Vietnam, and new cooperation opportunities will be opened up in various fields like education, health, climate change, security, and defence.
Source:Viet Nam News
December 26, 2023 16:12 UTC
Party leader requests building strong Vietnam Farmers’ Union
Videos HCM City, northwestern region welcome over 69 million visitors Ho Chi Minh City and eight provinces in the expanded northwestern region hosted 69.2 million visitors in 2023, accounting for 105% of the set target and up nearly 28% year-on-year, heard a conference held in Lao Cai province recently to review their tourism cooperation programme. Videos Deputy PM orders greater efforts in IUU fishing fight Deputy Prime Minister Tran Luu Quang has requested ministers, heads of relevant agencies, and chairpersons of the People's Committees of coastal localities to implement strategic and long-term solutions, and realise urgent tasks and priorities to have the European Commission (EC)’s "yellow card" warning against Vietnamese seafood removed as soon as possible. Videos Tra fish markets expected to recover next year It is expected that tra fish production will see a year-on-year increase of 2.8% and the harvested output in the first and second quarters of 2024 will meet demand for processing and export, insiders have said.
Source:Viet Nam News
December 26, 2023 13:48 UTC
VIETNAM NEWS HEADLINES DECEMBER 26/2023
Tran Phu Thuan - Vice Chairman of the Vietnamese Association in Russia said the community is an inseparable part of the great national unity bloc of Vietnam. Bilateral border inspection activities between Ha Giang and Yunnan provinces aim to concretise the comprehensive strategic cooperative partnership between Vietnam and China. Most notably, Vietnam has surpassed New Zealand and Thailand to be among the tourist destinations most visited by Australians. He subsequently served as an assistant to various foreign coaches across multiple generations of the Vietnamese national football team. Vietnam, along with Japan and Thailand, was the top choice for French vacationers during Christmas holiday, according to French daily Le Figaro.
Source:Viet Nam News
December 26, 2023 12:26 UTC
Market liquidity falls to two-month low, concerning investors
HÀ NỘI - Investors are becoming increasingly concerned and hesitant in making investment decisions due to the current low level of market liquidity, which is at its lowest point in the past two months. Both domestic and foreign investors are exhibiting hesitancy in investing, with foreign investors gradually withdrawing capital over an extended period. The low liquidity effect becomes concerning only if stock prices experience significant declines, indicating a clear shortage of buyers. It is also anticipated to be a key factor in attracting foreign investors in the future, Phương said. The January Effect refers to a phenomenon observed in the stock market where there tends to be an upswing in stock prices during the month of January.
Source:Viet Nam News
December 26, 2023 03:59 UTC
Bank bad debts forecast to remain under great pressure in 2024
The experts made the recommendation because, while existing bad debts have not been resolved yet, new bad debts are estimated to surge when Circular 02/2023/TT-NHNN on debt restructuring and debt repayment postponement expires in June 2024. If including bad debts sold to the Việt Nam Asset Management Company (VAMC), the bad debt ratio of the entire banking system was 6.16 per cent. It meant, despite support, banks' bad debts were still increasing. According to Thức, many people predict that bad debt will increase in early 2024 when corporate bonds come to maturity. Economist Nguyễn Minh Phong believes that bad debts will still be under great pressure in 2024 as the debts are continuously increasing and create an overall quite large bad debt amount.
Source:Viet Nam News
December 26, 2023 03:59 UTC
Laws passed at 6th NA session announced
HÀ NỘI — The President's Office announced on December 25 the seven laws passed during the sixth session of the 15th National Assembly. Law on Citizen IdentityLê Quốc Hùng, Deputy Minister of Public Security, said the Law on Citizen Identity, which was passed at the NA session, has a broader scope than the Law on Citizen Identity Card introduced in 2014. The law's main objective is to improve Việt Nam's water security level, putting it on par with those of developed countries. Revised Law on Real Estate TradingThe Law on Real Estate Trading was passed to enhance the legal framework for the real estate market and legally link it with other markets, including the land rights market and the labour market. Revised Law on HousingThe Revised Law on Housing was passed to make houses and apartments more affordable for low-income people and fix the inconsistencies between the Law on Housing and other relevant legal documents.
Source:Viet Nam News
December 25, 2023 21:37 UTC
Vietnam among biggest exporters of Christmas decoration products to US
A girl watches Christmas decorations at a community in San Carlos, California, the US. (Photo: Xinhua/VNA)Hanoi (VNA) – Vietnam is one of the countries that exports the most Christmas decoration products to the US. Among its export products to the US, candles used at Christmas achieved impressive export turnover. Candles are one of the Christmas decorations that countries export to the US market, besides Christmas trees, lights and other decorations. China, Mexico and Cambodia are also on the list of countries that "dominate" the global market and supply chain for Christmas decorative items, in which shipment to the US is worth billions of dollars./.
Source:Viet Nam News
December 25, 2023 13:24 UTC
Vietnamese man dedicates his life's work to enhancing rice value
Prof. Xuân told Việt Nam News readers about his journey to enhance the value of Vietnamese rice varieties. You have spent your whole life researching new rice varieties, creating an agricultural revolution and contributing to stabilising food security. Therefore, I focused on the IR36 rice variety, variety 5404. I asked the IRRI for the 4th-5th generation rice variety so I could breed new rice varieties myself. When we tried combining Yellow Flower Sticky rice with short-term genetic rice varieties, we found it feasible.
Source:Viet Nam News
December 25, 2023 13:16 UTC
100 dishes, drinks made from sweet potatoes set Vietnamese record
The making and performance of 100 dishes and drinks made from Binh Tan sweet potatoes set a Vietnamese record . (Photo: VNA)The dishes and drinks are made by 20 teams at the competition. (Photo: VNA)– The making and performance of 100 dishes and drinks made from Binh Tan sweet potatoes have set a Vietnamese record at a cooking competition held within the framework of the 3rd Tourism Festival in the Mekong Delta province of Vinh Long on December 23 - 25.The Vietnam Records Organisation ( VietKings )’s recognition for the dishes and drinks, which were made by 20 teams at the competition, was handed over to the team from the People’s Committee of Binh Tan district.Director of the provincial Department of Culture, Sports and Tourism Phan Van Giau said that farmers in Binh Tan district are planting many famous sweet potato varieties in a combined area of over 10,000 ha with a yield of over 300,000 tonnes per year.The recognition contributes to promoting the development of sweet potato cultivation associated with developing specific products of the locality, thus attracting visitors to Vinh Long, he said.The contest also created a useful playground for food lovers to show their creativity in making and decorating dishes and drinks, thus introducing the values of local cuisine to domestic and foreign tourists, he added.Products made from sweet potatoes were also exhibited and sold at the festival./.
Source:Viet Nam News
December 25, 2023 09:41 UTC
Positive outlook for Vietnamese economy: foreign experts
According to Coppola, Việt Nam is considered one of the most open economies in the world. Việt Nam’s economic performance in 2023 is positive when the very challenging global context is put into consideration. Economic growth in the US was about 2.5 per cent in 2023, he said, adding that in the European area, economic growth was even weaker at about 0.5 per cent. Despite the global challenges, Việt Nam was able to continue growing at relatively fast rates. However, according to him, Việt Nam's growth rate is quite good compared to many countries in the region.
Source:Viet Nam News
December 25, 2023 09:19 UTC
VIETNAM NEWS HEADLINES DECEMBER 25/2023
The deputy minister added that President Vo Van Thuong’s invitation to Pope Francis to visit Vietnam reflects the Vietnamese State’s goodwill. The project will reduce the travel time from Tuyen Quang Province to the capital city of Hanoi to nearly two hours. The province is committed to preserving and promoting its cultural identity, aiming to stand out on the path of heritage in Central Vietnam. The Vietnamese diplomat cited UNICEF Representative in Vietnam Rana Flowers as saying that Vietnam is an active, proactive and responsible member in multilateral processes. Regarding development, Ambassador Giang emphasized that Vietnam continued to demonstrate its strong commitment to the 2030 Agenda for Sustainable Development.
Source:Viet Nam News
December 25, 2023 08:08 UTC
'Bamboo diplomacy' a valuable concept in int'l relations: Indian expert
NEW DELHI — Việt Nam's 'bamboo diplomacy' is a strategic and valuable concept in international relations, according to former Deputy National Security Advisor of India SD Pradhan. He held that over the years, the 'bamboo diplomacy' school has helped Việt Nam reap important achievements in external relations amid the complicated world situation. Total import-export revenue of Việt Nam last year grew 9.5 per cent to US$732.5 billion, he said. The expert underlined that the 'bamboo diplomacy' school should be popularised and added to research topics of academic organisations. Besides, Việt Nam and India should strengthen cooperation in developing advanced technology to promote economic growth, while fostering cooperation in the field of defence, he asserted.
Source:Viet Nam News
December 24, 2023 22:59 UTC
Severe cold spell to end early this week in North
Sa Pa Township in the northern mountainous province of Lao Cai engulfed in fog caused by severe cold spell. (Photo: VNA)Hanoi (VNS/VNA) — The severe cold spell, which has blanketed the northern region as well as the north-central provinces of Thanh Hoa and Nghe An for about 10 days now, is expected to end early this week. The National Centre for Hydro-meteorological Forecasting has warned that the severe cold weather will continue hitting the northern mountainous provinces with the lowest temperatures of 4-7 degrees Celsius. In the meantime, the lowest temperatures in other areas of the northern region and the two north-central provinces will be 8-11 degrees Celsius. Due to the severe cold spell, frost will appear in midland and northern mountainous areas.
Source:Viet Nam News
December 24, 2023 14:09 UTC