Three stocks in the 30 large-cap basket reporting gains were property developers and a retailer. Accordingly, Nova Land Investment Group Corporation (NVL) rose 0.25 per cent, FLC Faros Construction Joint Stock Company (ROS) increased by 5.94 per cent and Mobile World Investment Corporation (MWG) rose 1.14 per cent. … [Read more...] about VN-Index falls under 1,100 points as many big stocks hit the maximum daily loss
Big bend travel
Traditional tea losing flavor for young Vietnamese
Though Vietnam is the world’s fifth biggest exporter of tea, consumption in the country is lower than in many other Asian countries. Vietnam’s annual tea consumption per capita in 2016 was 0.44 pounds (200 grams) compared to Japan’s 2.13 pounds, China’s 1.25 pounds, Malaysia’s 1.06 pounds, and Singapore’s 0.81 pounds, according to German statistics portal Statista. … [Read more...] about Traditional tea losing flavor for young Vietnamese
Industrial land rents in north rise to new peak
It was 7.1 percent higher year-on-year as most industrial park developers in the north maintained strong bargaining power thanks to Vietnam’s potential as one of the most sustainable manufacturing hubs, according to a report by Jones Lang LaSalle (JLL). … [Read more...] about Industrial land rents in north rise to new peak
Foreign intellectuals highly value 13th National Party Congress
Nhikita Abramov, a staff member of the Office of the CPRF Meanwhile, as a member of the Communist Party of the Russian Federation (CPRF), Nhikita Abramov, a staff member of the Office of the CPRF, highly appreciates Vietnam’s attained achievements under the sound leadership of the Communist Party of Vietnam. He said that Vietnam is a strong nation with an iron will and the country has risen to become a dynamic developing economy in Southeast Asia and Asia. … [Read more...] about Foreign intellectuals highly value 13th National Party Congress
The “next normal” in business is sustainability
Eric Leger, senior vice president, Global Marketing, International Operations at Schneider Electric With the world entering the next normal, the role of technology and digitisation is becoming more pronounced and is becoming a priority for businesses and organisations. How will it help businesses in the region enhance their competitiveness from an energy management perspective? Energy demand, particularly in Asia, has and will continue to increase significantly in the coming years. To sustain this rapid expansion of the economy while adapting to the new normal brought about by COVID-19, digitisation is the solution. Asia will need new energy solutions and strategies. Technology and innovation are required for achieving far greater energy efficiency. … [Read more...] about The “next normal” in business is sustainability