Economy
China’s property crisis leaves trail of ghost cities in Malaysia and Cambodia
Malaysia’s Forest City and Cambodia’s Sihanoukville have suffered immensely from China’s property sector crisis. From the half-finished structures of Forest City in Johor, Malaysia, to the desolate shores of Sihanoukville, Cambodia, the narrative of China's real estate giants reflects unbridled ambition and dire consequences. Both locales are now labeled as ghost cities.
Economy
India boosts anti-submarine warfare, successfully tests 'Supersonic Missile-Assisted Release of Torpedo' system
When China recently launched the first of eight Hangor II submarines for Pakistan at the Wuchang Shipbuilding yard in Wuhan, India moved another step forward to enhance its Navy's anti-submarine warfare capability by conducting a successful test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system.
Make in Vietnam
Huge Potentials, Opportunities for Vietnamese Products in African Market
The 10th African Investment, and Commerce Forum facilitated hundreds of business-to-business meetings, fostering partnerships and collaboration among stakeholders seeking entry to the African market.
Branding helps shape Tan Hiep Phat's future business
"The key, as ever with any great brand, is product positioning. In Vietnam, Tan Hiep Phat had a head start because tea is an essential part of the country's national identity", Phuong Uyen Tran wrote about Tan Hiep Phat's key brand strategy.
Mutually Beneficial Partnerships, one of Tan Hiep Phat's core development criteria
With Tan Hiep Phat, multinationals have been welcomed and done much to boost the economy, as economies benefit from having companies of all different sizes and from the interactions between them, Phuong Uyen Tran shared.
2G, 3G phones not allowed to be imported into Vietnam starting July 1
Starting July 1, phones manufactured in or imported into Vietnam must be integrated with E-UTRA technology (4G technology).
With Tan Hiep Phat, location defines the success of a product
"Creating a successful product hinges on understanding the place comes from or is being so to, particularly in the FMCG sector", Tan Hiep Phat's Deputy CEO Phuong Uyen Tran shares.
Tan Hiep Phat is open to any company promoting its future vision
Economies benefit from having companies of all different sizes and from the interactions between them are worth-embracing, along with the virtues of local business.
Sharing experience, the key factor for THP Group's development
From Tan Hiep Phat's perspective, sharing their experience with aspiring entrepreneurs helps achieve one of THP’s strategic goals to benefit the local community and country as well as the bottom line.
Phuong Uyen Tran's mother idea behind Zero Degree Green Tea
"Her solution was to apply the personal touch. She always remembered her customers' names. No sound is sweeter to most people", Phuong talked about her mother's contribution behind THP's Zero Green Tea.
Global Times: Vietnam – a rising star in Southeast Asia
In its latest "Asia Economics Quarterly" report, the Hong Kong Shanghai Banking Corporation (HSBC) said Vietnam posted the fastest growth in Asia in 2020 and will once again be among the star performers in the region in 2021.
With Tan Hiep Phat, nothing is impossible - Phuong Uyen Tran
Embracing change can be terrifying, but the leaders of Tan Hiep Phat believe there is nothing to fear. They have incorporated this belief into the company's core values.
COVID-19 costs Hanoi’s tourism $3.6 billion
The capital city lost about $3.6 billion in tourism revenue last year due to the impact of the COVID-19.
Vietnam to grow 6.8 pct a year in the next five years
Vietnam can see an annual growth of up to 6.8 percent in the 2021-2025 period if the global economy recovers from Covid-19 impacts. - VnExpress International
Foreign investors expected to enter Vietnam following Foxconn
Foxconn's Fukang Technology factory project received an investment registration certificate from Bac Giang province is a big step of the corporation’s production expansion path in Vietnam.
Another metro line in Hanoi conducts trial run
The first train to operate on the Nhon-Hanoi Station railway conducted a trial run in the morning of January 22.
Vietnam facilitates Indian investments: official
Vietnam always welcomes and creates optimal conditions for Indian firms to invest in such spheres as processing, manufacturing and auto support industries, along with IT, renewable energy, high-tech agriculture, health care and infrastructure.
Vietnam records US$250 million trade deficit in first half of January
During the first half of January, Vietnam records a trade deficit of US$250 million, according to statistics compiled by the General Department of Vietnam Customs.
CBRE: HCMC among top picks for cross-border investments in Asia-Pacific
Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia.
Vietnam to become 'global base' for phone and laptop production
Several Samsung and Apple products are all being produced in Vietnam. It is expected that there will be many other leading technology brands to move their production line to the country.
Vietnam - one of the few countries to record positive GDP growth in 2020
Vietnam has successfully achieved the double goals of containing COVID-19 virus and achieving significant economic growth 2.91% in 2020 – one of the few countries in the world to record positive GDP growth in 2020.
Government plans to invest US$345 million to bail out Vietnam Airlines
The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (US$ 345.49 million) in Vietnam Airlines JSC (HVN) through a rights issue.
Japanese expert praises Vietnam’s COVID-19 containment and miraculous economic growth
Director of Japan’s Vietnam Economic Research Institute (VERI) Hiroyuki Moribe said Vietnam’s great economic potential and achievements in containing COVID-19 are miracles.
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