All car markets in the world have seen a decline in recent months because of the pandemic. The automobile factories in Thailand, Indonesia and China face difficulties exporting products to the US and Europe. However, the manufacturers have changed their production strategies, resuming assembling in Vietnam after attractive policies were set. … [Read more...] about Car manufacturers resume assembling of some models in Vietnam
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Safety & Shipping Review 2020: 14 large ships lost in Asian waters in 2019, accounting for more than 33% of losses worldwide Globally, 41 large ships lost in 2019, down by more than 20% year-on-year and almost 70% over a decade. Number of shipping incidents (2,815) is up, as are claims from machinery issues. Ro-ro vessel safety is a growing concern. Consequences of coronavirus and a sustained economic downturn could threaten long-term safety improvement and trigger an uptick in losses from cost-cutting measures, fatigued crew, idle vessels and weakened emergency response. Rising geopolitical tensions, emissions rules and de-carbonization targets, mis-declared cargo and fire incidents continue to pose risk challenges. SINGAPORE - Media OutReach - 15 July 2020 - Asian waters accounted for a third of a large vessels lost at sea globally, even as large shipping losses are at a record low having fallen by over 20% year-on-year, according to specialty insurer Allianz … [Read more...] about Allianz: Asian waters account for most shipping losses even as global numbers hit record low
In infrastructure, the eastern cluster of the North-South Expressway will have five sections developed under the public-private partnership (PPP) model. The country is also calling for investment in renewable energy projects, especially in solar and wind power, thus hoping to bring new opportunities for Japanese enterprises. Looking ahead, the Vietnamese government is encouraging innovations and digital transformation with a number of supporting policies. … [Read more...] about Japanese companies enticed by local investment climate
Duo Series for Interior and CarKUALA LUMPUR, MALAYSIA - Media OutReach - 15 July 2020 - Malaysia's pioneering car perfume manufacturer VANZO ASIA has launched its New Generation Sterilizing Air Freshener recently. This time, VANZO collaborates with artist Lin Min Chen by naming her the brand's ambassador once again. The collaboration aims to promote high-quality fragrance products to provide a healthier and more refreshing experience for the community. … [Read more...] about VANZO Launches New Generation Sterilizing Air Freshener
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?