Tag: investment

Guangzhou International Arbitration Court Opens Vietnam Liaison Office to Support China-Vietnam Cross-Border Dispute Resolution

HO CHI MINH CITY, Vietnam, June 12 -- The Guangzhou Arbitration Commission (GZAC) has officially opened the Vietnam Liaison Office of the Guangzhou International Arbitration Court in Ho Chi Minh City, marking a new step in strengthening China–Vietnam arbitration cooperation and supporting businesses engaged in cross-border commerce and investment. The launch comes as economic ties between China and Vietnam continue to deepen. Bilateral trade exceeded US$250 billion in 2025, with Vietnam remaining China's largest trading partner within ASEAN. Under the Belt and Road Initiative, cooperation between the two countries has expanded across sectors including renewable energy, digital economy, infrastructure and cross-border investment. As commercial exchanges increase, so does demand for efficient, predictable and enforceable dispute resolution services. The Vietnam Liaison Office is designed to respond to this growing need by providing businesses with easier access to arbitration-related information, procedural guidance and dispute resolution support. Speaking at the opening ceremony, Mark Feldman, President of the Guangzhou International Arbitration Court, said the office reflects GZAC's commitment to providing arbitration services closer to users and supporting the evolving needs of companies operating across borders. Located in Ho Chi Minh City, the office will serve as a regional platform for Chinese and Vietnamese businesses seeking professional dispute resolution services. It will draw on GZAC's experience in international arbitration, digital dispute resolution and cross-border case administration. GZAC has continued to expand its international presence in recent years. In 2025, it handled 877 foreign-related cases with a total disputed amount exceeding US$1.8 billion. Parties came from 22 countries and regions, while the institution has served users from 67 jurisdictions worldwide. Nearly 40 percent of the members of its current arbitration committee are foreign nationals or professionals from Hong Kong and Macao, representing six jurisdictions. GZAC is also a pioneer in digital dispute resolution. As one of the first official global partners of the APEC Collaborative Framework for Online Dispute Resolution (APEC-ODR), it operates an online dispute resolution platform that integrates negotiation, mediation and arbitration services. The platform supports real-time translation in eight languages and has handled more than 1,000 cases involving claims exceeding RMB10 billion. Through its Vietnam Liaison Office, GZAC plans to deepen engagement with arbitration institutions and legal service providers across Vietnam and ASEAN, contributing to a more efficient environment for cross-border trade and investment. -- PRNewswire -- Source: Guangzhou Arbitration Commission (GZAC)

HO CHI MINH CITY, Vietnam, June 12 — The Guangzhou Arbitration Commission (GZAC) has officially opened the Vietnam Liaison Office of the Guangzhou International Arbitration Court in Ho Chi Minh City, marking a new step in strengthening China–Vietnam arbitration cooperation and supporting businesses engaged in cross-border commerce and investment. The launch comes as economic ties between China […]

Assistant Manager Loses RM163,500 To Online Investment Scam

NILAI, May 20 -- An assistant manager at a private company lost RM163,500 after allegedly falling victim to a non-existent stock investment scheme promoted on social media in March. Nilai police chief Supt Johari Yahya said the local woman, in her early 40s, lodged a police report at 6.33 pm yesterday after realising she was duped by the syndicate. He said the victim, who lives in Kajang, told police she had been dealing with an unknown individual on Facebook who offered a stock investment scheme promising lucrative returns. The victim was instructed to download an application known as 'AB Limited' onto her mobile phone before making several fund transfers to bank accounts provided by the suspect. "She realised she had been scammed after repeated attempts to withdraw the purported profits through the application failed," he said in a statement here today. Johari said the case is being investigated under Section 420 of the Penal Code for cheating and efforts are underway to trace the suspect. He advised the public to verify investment offers with the relevant authorities before participating in any scheme and to refrain from sharing banking information with unknown individuals. -- BERNAMA

NILAI, May 20 — An assistant manager at a private company lost RM163,500 after allegedly falling victim to a non-existent stock investment scheme promoted on social media in March. Nilai police chief Supt Johari Yahya said the local woman, in her early 40s, lodged a police report at 6.33 pm yesterday after realising she was […]

IBM, Micron, Boeing Among 22 US Firms Backing Malaysia’s Green Transition — NRES

PUTRAJAYA, May 12 — IBM, Micron and Boeing are among 22 United States (US) companies supporting Malaysia’s green transition through strategic cooperation with the Ministry of Natural Resources and Environmental Sustainability (NRES). The commitment was conveyed during a meeting today between Minister of Natural Resources and Environmental Sustainability Datuk Seri Arthur Joseph Kurup and a […]