Nationwide crackdown launched on illegal nominee shareholders and land holdings
Vietnam to welcome more international visitors with unlimited re-entry 90 days visa
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Vietnam to welcome more international visitors with unlimited re-entry 90 days visa
13 Sept 12:44Key points summarised by AI
Vietnam will extend its e-visa validity to 90 days with unlimited re-entry, starting August 15, aiming to significantly boost international tourist arrivals.
The new policy seeks to encourage longer stays and increased visitor spending, with travel businesses already preparing promotions to capitalize on the expected surge in tourism revenue.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.