Visiting Nestlé Vietnam’s Tri An Factory in Dong Nai Province as part of his recent official visit to Vietnam, Guy Parmelin, head of the Swiss Federal Department of Economic Affairs, Education and Research, commented on how Nestlé has become a prime example of a flagship Swiss company with a truly global commitment. Guy Parmelin, head of the Swiss Federal Department of Economic Affairs, Education and Research in his visit to Nestlé Vietnam. Incorporated in Vietnam in 1995, Nestlé Vietnam Ltd. has investedaround $600 million and has 2,300 employees. The company’s leading brands include Milo, Nan, Nescafé, Maggi and KitKat. To date, Nestlé Vietnam operates four factories and two distribution centers and continues to expand steadily. Nestlé is among the biggestbuyers of coffee in Vietnam, purchasing about 25 percent of total output of the country, which isthe second biggest coffee producer in the world and the biggest in Robusta. Every … [Read more...] about Senior Swiss official lauds Nestlé Vietnam achievements
Hanoi incentivizes investment in parking lots
The Hanoitimes - Enterprises investing in static transport infrastructure will also get loans from the city’s investment and development fund with preferential interest rates. Vietnam and Japan co-operate in transport infrastructure development Gov’t urged to invest in transport infrastructure The Hanoi People’s Council has approved a breakthrough resolution on policies to attract investment in parking lots which are scarce in the city, local media reported. Accordingly, investors will benefit from subsidies on land rental, bank loans and incentives such as allowing investors to use part of the parking surface for other commercial purposes. A parking lot on Giang Vo street. Photo: Hai Linh Deputy Director of the Hanoi Department of Transport Nguyen Xuan Thanh said that the city’s budget will exempt land rent fee for the first 10 years (excluding the commercial area) of static traffic projects. Privately invested projects will be considered … [Read more...] about Hanoi incentivizes investment in parking lots
Lowry weathers storm to open up six-shot British Open lead
The wind and rain at Royal Portrush has not blown Shane Lowry off course. — AFP Photo PORTRUSH, United Kingdom — Ireland's Shane Lowry withstood howling gales and a bogey at the first to stretch his lead of the British Open to six shots through 10 holes and move closer to his first major victory on Sunday. Roared on by huge crowds despite the inclement weather at Royal Portrush, Lowry had a nervy start but crucially holed a tricky putt to avoid dropping two shots at the opening hole. The 32-year-old then streaked further clear with three birdies in four holes between four and eight to move to 18-under. But two bogeys at eight and nine slowed Lowry's charge towards the Claret Jug and gave his closest challenger Tommy Fleetwood an outside chance with rain hammering down on Northern Ireland's north Atlantic coast. Fleetwood is two-over for his round after missing a number of key putts to put the pressure on his playing partner. However, it looks set … [Read more...] about Lowry weathers storm to open up six-shot British Open lead
Vietjet gets green light for Hà Nội-New Delhi route
Vietjet's fleet. The airline operates around 400 flights daily, carrying more than 80 million passengers to date. — Photo courtesy of Vietjet HÀ NỘI — Budget carrier Vietjet has received approval from the Civil Aviation Administration of Vietnam (CAAV) to conduct flights between the capital city of Hà Nội and India’s New Delhi. The approval was made based on the Agreement on Air Transport between the Vietnamese and Indian Governments, Vietnam News Agency reported. Earlier at the Việt Nam – India Business Forum in New Delhi in August 2018, Vietjet announced its plan to operate a direct route connecting the countries in order to serve travel demands of the two peoples and to contribute to region’s integration and trade exchange. According to Vietjet, India – the second most populous country in the world, located in southern Asia, is famous for its diversified culture, religions, … [Read more...] about Vietjet gets green light for Hà Nội-New Delhi route
Britain’s Simon Yates wins 15th stage of the Tour de France
Great Britain's Simon Yates celebrates as he wins on the finish line of the fifteen stage of the 106th edition of the Tour de France cycling race between Limoux and Foix Prat d'Albis, in Foix Prat d'Albis on Sunday. — AFP Photo FOIX, France — Simon Yates of Britain posted a second stage win with a solo raid during the last Pyrenean trek of the Tour de France as Thibaut Pinot gained more time on his rivals in the fight for the yellow jersey on Sunday. Yates triumphed at the summit of the Prat d'Albis in Stage 15, three days after his first stage victory in the southwestern mountain range. Pinot crossed the finish line in second place, 33 seconds behind Yates, and moved to fourth overall according to provisional results. Julian Alaphilippe cracked in the final of the four climbs on the program but salvaged his yellow jersey. Defending champion Geraint Thomas remained second in the general classification. — AFP … [Read more...] about Britain’s Simon Yates wins 15th stage of the Tour de France