The Hanoitimes - The summit leaves mixed impacts on big stakeholders of the denuclearization process. Trump-Kim second summit ends with no agreement What does the world expect from second Trump-Kim summit? The second summit between US President Donald Trump and North Korean leader Kim Jong Un failed to yield any written agreement, sparking concerns over the denuclearization that has been a big issue bothering the whole world for years. US President Donald Trump and North Korean leader Kim Jong Un at the second summit in Hanoi on February 27. Photo: AP The outcome of the summit was a blow to some big involvers namely China, South Korea, and Japan with a stake in that progress. Let’s see their next moves. Beijing Foreign affairs experts say that China is not altogether displeased with the outcome, since it is keen to continue playing a pivotal role in East Asia. Analysts said that Beijing, as Pyongyang’s main backer and only … [Read more...] about How will China, North Korea, Japan act after Trump-Kim deal-less summit?
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Investors met with Deputy Prime Minister Vuong Dinh Hue (right) at Vietnam M&A Forum 2018 with the focus of discussing the future growth of Vietnam’s M&A market, Photo: Le Toan Choosing the right investors At last week’s Vietnam M&A Forum 2018 in Ho Chi Minh City, senior officials, experts, businesses, and investors discussed the future growth of Vietnam’s mergers and acquisitions (M&A) market. After 10 years of booming M&A activities in the country and 30 years of foreign direct investment attraction, many believe that now is the time for Vietnam to map out a plan for the next phase of growth. According to Minister of Planning and Investment Nguyen Chi Dung, in the new era, Vietnam will become much more selective about M&A inflows from overseas. Specifically, foreign investors should be willing to help with Vietnam’s environmental preservation plans and protecting Vietnam’s natural resources. “We’d like to attract … [Read more...] about Plan for new era fosters M&A market
Friday's Tale Where money does not talk By Son Nguyen Thursday, Jul 5, 2018,20:24 (GMT+7) Where money does not talkBy Son Nguyen Businesswise, the prospects are irresistible when the potential investor puts forth a huge project worth VND2,100 billion, or roughly US$91 million, to develop a cable car system linking Duy Xuyen District and Hoi An City in Quang Nam Province. The ancient town’s authorities, however, have brushed aside the project in a straightforward manner, saying the investment scheme is not aligned with the city’s cultural merits. In a sense, traditional values prevail in the competition with economic benefits. As widely covered in local media, Hoi An City’s leadership today, July 5, bluntly rejected the cable car project suggested by Quang Nam-based NVN Joint-Stock Company, following a meeting between the company and the ancient town’s leaders early this week. Earlier, the provincial government … [Read more...] about Where money does not talk
Vu Ngoc Lam, Lazada's customer care officer It has been almost a year since you were appointed as customer care officer. Can you tell us about the obstacles, challenges, and improvements during this past year? E-commerce in Vietnam is still in its early stages, with many challenges still yet to overcome. From our perspective, there are three particular elements that are driving our company strategy: a massive number of customer contacts, government policies for e-commerce sellers, and a desire to build customer experience. Vietnam has one of the highest number of contacts per order (i.e. the number of times a customer will call us regarding their order) among the six markets that Lazada operates in. Because of this, we had to run a very large team last year, and so we realised that we had to change, otherwise we would not be able to cope with future increases in the number of orders. As such, we improved our notifications regarding customer order statuses, and we have also … [Read more...] about Lazada: “Customer care is paramount!”
New container port helps shorten way to Europe, Americas PM Nguyen Xuan Phuc on Sunday attended the grand opening of Hai Phong International Container Terminal, which allows direct shipments to Europe and the Americas. Present at the ceremony included Japanese Ambassador to Viet Nam Umeda Kunio and representatives of the city local authorities. The Terminal means exports from North Viet Nam will not have to be transited through other ports before reaching the above markets, thus helping reduce business costs and increase competitiveness of Vietnamese exports. The Terminal is jointly invested by Sai Gon Newport Corporation (Viet Nam), MITSUI O.S.K Lines and Itochu (Japan) and Wan Hai Lines (Chinese Taipei), in which the Vietnamese corporation holds 51% stake. Located in Cat Hai district, it is the first deep-water seaport in the Northern region, capable of receiving vessels up to 160,000 DWT. Construction of the terminal began on May 12, 2016. Vietjet Air to open Hai Phong-Busan … [Read more...] about BUSINESS IN BRIEF 15/5