Tag Archive for ‘Asia’

Vietnam consumer confidence at record high: Nielsen study

Vietnam ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years and up five points from the last quarter of 2016. The report also finds that consumers in Southeast Asia continue to be among the […]

Vietnam shares may not extend rallies through August, 2017

Vietnamese shares have risen during the last three sessions on both the local exchanges, but this rally is not expected to sustain through the last trading week of August. This is because investors will try to accrue profits from their recent gains, while supportive business-market information is lacking, according to experts. The benchmark VN Index […]

For an ASEAN economy of integration, high growth and sustainable development

2017 marks a significant milestone in the development process of the Association of Southeast Asian Nations (ASEAN), as the bloc celebrates its 50th founding anniversary. From a region divided by differing political stances, ASEAN has since become a unified bloc of solidarity, close bonds and friendship, with the participation of 10 countries in the region, […]

Vietnam: Where Are People’s Interests In Land Acquisition?

The land acquisition process at present does not create opportunity for farmers to benefit from the value of assets created from the conversion of land use purposes. Sustainable economic development in Vietnam depends on the change of land use purpose and other resources to more useful purposes. Typically, economic growth is defined as economic growth (for example, the sustainable growth of real income per capita), and the structural transformation. The key factor for economic development is the growth of production inputs (land, labor, and capital), growth of the use of these inputs, and improvement of the quality of the organizational…

SeABank celebrates platinum award

HA NOI (VNS)— South East Asia Commercial Joint Stock Bank (SeABank) has been voted and awarded with the “Platinum Category” of the “World Quality Commitment” (WQC) by the Business Initiative Direction (BID) based in Madrid, Spain. This is the second consecutive year that SeABank has been honoured with this prestigious award by BID; in 2011, the bank was given “International Arch of Europe Award for Quality and Excellence” (IAE) by BID. “World Quality Commitment” (WQC) is a prestigious annual award distributed by BID…

Belarus’ Interior Ministry to Expand Cooperation with Vietnam

The Deputy Interior Minister emphasized that friendly relations between the top officials of the two ministries contribute to a closer cooperation of the two countries. Deputy Interior Minister of Belarus – Chief of the Public Security Police Colonel Nikolai Melchenko has met with Minister of Public Security of Vietnam Colonel General Tran Dai Quang who […]

AkzoNobel introduces 2013 color trend

AkzoNobel, a paint and coatings company and manufacturer of high-quality paints including Dulux, has launched the 2013 color trend research onto the Vietnam market with new palettes equipped for Dulux paint agents. Introduced in Singapore earlier this month, AkzoNobel’s research program ColorFutures provides an international style and design trends for interiors and exteriors, which is […]

Vietnam’s rice export likely to set record high this year

Vietnam may export 7.7 million tonnes of rice this year, setting a new record because of increased export orders in the last months of the year. Farmers happy with export prospects The Ministry of Agriculture and Rural Development (MARD) said that the country’s rice exporters are speeding up production for exports to meet over one million tonnes of rice by the end of the year, anticipating possible fluctuations in the world rice market. Race to the harvest The Vietnam Food Association (VFA) will be likely able to export 7.7 million tonnes of this in 2012, surpassing Thailand to become the biggest rice exporter…

Asia academia failing to match market

MANILA (VNS)— Asian universities and secondary schools must better align themselves with labour market so they can ensure graduates have the skills and knowledge required by employers, says a new Asian Development Bank report, Improving Transitions: From School to University to Workplace. An ADB statement about the report quotes Jouko Sarvi, Education Practice Leader in the bank’s Regional and Sustainable Development Department, as saying: “œAsia’s ability to compete in a globalized world depends on the readiness of students entering university, the employability of graduates in the labor market, and acceleration of innovation, science, and…

In Vietnam, a Push for Restrictions on Foreign Firms

Vietnam’s top law firms are asking their government to impose greater restrictions on the practices of their foreign counterparts. The country is currently one of the most open markets in Asia for foreign firms. They are free to hire Vietnamese lawyers, who have been permitted to advise on local law short of appearing in court […]