Roland Berger Strategy Consultants and DKSH have published their latest Global Market Expansion Services (MES) report, which highlights digitization and how it is impacting corporate business models. Leonard Tan, General Director, DKSH Viet Nam, speaks about the role of digitization in the MES industry. Roland Berger Strategy Consultants and DKSH have published their latest Global Market Expansion Services (MES) report, which highlights digitization and how it is impacting corporate business models. It also offers valuable insights to help decision makers gain a better understanding of the opportunities and challenges of digital market expansion. Leonard Tan, General Director, DKSH Viet Nam, speaks about the role of digitization in the MES industry. What is digitization and why is it called a "new trend"? Leonard Tan, General Director, DKSH Viet Nam. Digitization is a vital driving force of the 21st century and is moving up in the companies' list of business priorities. The … [Read more...] about Emerging business trend of the century
Business intelligence news
VIR remains a business companion
On the occasion of VIR’s 21st anniversary on September 27, high-profile corporate leaders offer their candid views on how VIR can continue as an indispensable companion of the foreign and local business communities. Preben Hjortlund Chairman of European Chamber of Commerce in Vietnam (EuroCham) I have lived in Vietnam more than 20 years and I always read VIR to obtain information on investment and business in Vietnam. With more than 20 years in business, VIR has consistently brought up to date information to local and foreign investors, which makes VIR a popular newspaper within the foreign community in Vietnam. EuroCham represents more than 750 European member companies doing business in Vietnam. Established in 1998, EuroCham has 14 years operational experience supporting EuroCham’s members, working as a link between Vietnam and European enterprises and between European private sector and the Vietnamese government. EuroCham has supported members a lot in advocacy … [Read more...] about VIR remains a business companion
BUSINESS IN BRIEF 24/4
Leaders of Ho Chi Minh City recently held a meeting with foreign-invested (FDI) businesses, calling on them to work side by side with the southern metropolis of Vietnam toward the goal of fast and sustainable development. The event on April 21 drew representatives of foreign businesses’ associations and nearly 200 FDI companies in HCM City. Secretary of the municipal Party Committee Nguyen Thien Nhan said over the past years, HCM City has made efforts to improve investment climate, step up administrative reforms, streamline procedures, increase transparency and boost IT application in the settlement of administrative procedures to enhance the attractiveness to foreign investment. As a result, the city attracted 6.6 billion USD in FDI in 2017, surging over 90 percent from the previous year. In the first quarter of 2018 alone, the figure stood at 1.37 billion USD, compared to 5.8 billion USD of the entire country. However, he said, HCM City is also facing an array of challenges … [Read more...] about BUSINESS IN BRIEF 24/4
BUSINESS IN BRIEF 19/6
Nawaplastic still hungry for Binh Minh Plastic shares Owning a dominant stake in Binh Minh Plastic (BMP) did not quench Nawaplastic Industry Co., Ltd. (Nawaplastic)’s thirst for BMP shares. Most recently, Nawaplastic registered to buy an additional 1.17 million BMP shares to increase its holding to 44.525 million shares, equalling 54.39 per cent of the charter capital. The transaction is expected to occur between June18 and July16. The registered share volume is the remaining part of the 2.86 million shares that Nawaplastic failed to buy during previous transactions. Notably, Nawaplastic registered to buy 2.86 million BMP shares during transactions on May 14-June 12, however, the Thai investor ended up buying 1.69 million of the registered shares as BMP did not match Nawaplastic’s target price. BMP manufactures and trades civil and industrial products made of plastic and rubber. The company also designs, manufactures, and trades in plastic moulds for the casting industry; … [Read more...] about BUSINESS IN BRIEF 19/6
BUSINESS IN BRIEF 19/12
Teenagers with assets can open bank accounts on their own Individuals aged between 15 and 18, who own separate assets, will be allowed to independently open and operate bank accounts without seeking approval from their parents or guardians. A draft circular on the issuance, use and payment of bank cards recently released by the State Bank of Viet Nam (SBV) states that these individuals may be permitted to open and manage their own accounts in commercial banks and foreign bank branches. Once approved, the circular will replace Decision No 20/2007/QD-NHNN, issued in 2007, which only allows people aged 18 and above to own bank cards. The draft circular also proposes that individuals aged 11 to 14 may own bank cards, which will function as sub-cards of the primary cards held by their parents or guardians. The SBV disclosed that 77.3 million bank cards were issued by 50 card-issuing organisations until the end of October. Moreover, nearly 15,900 ATMs and more than 164,000 points of … [Read more...] about BUSINESS IN BRIEF 19/12