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TH Group imports 1,800 more dairy cows from US      Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US’ high-yield dairy cow Holstein Friesian. This is the largest herd of cows that TH has imported from the US so far. The group’s husbandry experts carefully examined standards related to origin, genealogy, genetic potential, appearance, physical strength, potential for milk production and ability to fight diseases in the tropical region. All individuals in the herd weigh 400-500 kg and are expected to produce 12,000 litres per head each 305 days on average. Milk production from these cows will begin in January 2019. According to Tal Cohen, General Director of the TH Milk Food Joint Stock Company - the management unit of the TH dairy cow farm, TH Group imported 1,300 dairy cows from the US in April 2017 for the first time. It also imported … [Read more...] about BUSINESS NEWS IN BRIEF 20/10

In late March, Hong Leong Bank Vietnam, one of the largest and longest-standing foreign-owned banks in the country, announced the appointment of a new Vietnamese General Director, Mr. Duong Duc Hung.  Mr. Hung becomes the second Vietnamese leader holding the highest position in a foreign bank in Vietnam, after Mr. Pham Hong Hai. Since HSBC Vietnam appointed Mr. Hai as its first-ever Vietnamese CEO and the first by a foreign-owned bank in Vietnam in 2014, it can be clearly seen that Vietnamese personnel are increasingly occupying the most important positions in the country’s foreign-owned financial organizations. Significant demand Large foreign banks in Vietnam have correspondingly large human resources (HR) and most managerial and senior positions, notably, are Vietnamese. For example, HSBC Vietnam has nearly 1,300 employees and just 2 per cent or so are expats.  “Our executive committee is composed of 15 senior officials, with the majority being … [Read more...] about Low in number