Biden to sign strategic partnership deal with Vietnam

23 Sept 06:54 Key points summarised by AI

U.S. President Joe Biden is set to sign a strategic partnership agreement with Vietnam during a state visit in mid-September, according to Politico.
This agreement aims to bolster Vietnam's high-technology sector, focusing on areas like semiconductor production and artificial intelligence, while deepening U.S. ties in Asia to counter China's influence.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.