Hcm open source

(Source: the organiser of the show) HCM City (VNA) – The international exhibition Café show 2022 opened at the Saigon Exhibition and Convention Center ( SECC ) in Ho Chi Minh City, attracting over 200 domestic and foreign participants. Lasting until July 23, the annual event, part of a series of Café Show exhibitions in Seoul, Shanghai, Paris and Vietnam, is an opportunity for leading managers and experts to meet and share orientations, strategies, solutions and practical management tools in the manufacturing, processing, and distributing industry of coffee, tea, food and beverage for restaurants, hotels and other food service businesses. On display are machines, equipment, coffee products, ingredients, and baking goods, among others. At the event (Photo: VNA) Joining the fair are famous brand names such as Victoria Arduino, Nuova Simonelli, Trung Nguyen, Simexco, Dalamilk, and Tan Nhat Huong. The event is organised by Exporum Vietnam Company and sponsored by … [Read more...] about Café show 2022 underway in HCM City

The bank has served Vietnamese customers via its two representative offices in Hanoi and HCM City since 2015. Speaking at the opening ceremony held on August 5, Thai Ambassador to Vietnam Nikorndej Balankura said that Thailand is currently the 9th largest foreign investor in Vietnam and also the largest trading partner of the country in the Association of Southeast Asian Nations (ASEAN) region. The opening of a branch by KBank in HCM City is an important milestone reflecting the bank’s strategic vision in strengthening economic ties between Thailand and Vietnam, he said. Nguyen Van Dung, Deputy Director of the State Bank of Vietnam, HCM City branch said putting into operation of KBank branch in the city will raise the number of foreign bank branches in the city to 32, contributing to diversifying the activities of the credit institutions in the locality. Sharing about the potential of the Vietnamese market, Kattiya Indaravijaya, CEO of KBank said that Vietnam is a rising star … [Read more...] about Thailand’s Kasikornbank opens first branch in HCM City

Lasting through August 13, the annual expo is featuring 400 booths run by around 350 businesses from 18 nations and territories. On display are the sector's products, machinery, equipment, and packaging-processing technologies. Deputy Director General Nguyen Van Nga of the Ministry of Industry and Trade’s Agency for Southern Region said taking place annually in Hanoi and HCM City, the event aims to help domestic firms expand businesses and markets and boost exports and foreign companies seek distributors in Vietnam. Ly Kim Chi, head of the municipal Food and Food Stuff Association, said this year’s edition boasts many interesting activities for visitors and networking events for the business community. Source: VNA … [Read more...] about VietFood & Beverage – ProPack expo opens in HCM City

The figure included the 885 million USD equity purchase of Korean KEB HANA Bank for 15 percent stake of the Bank for Investment and Development of Vietnam (BIDV) announced on July 22. Since 2018, Vietnam has emerged as a big M&A market in the Southeast Asian region with many big value deals. Total M&A value last year reached 7.64 billion USD, down 25 percent compared to 2017’s record value of USD 10.2 billion. However, if excluding the USD 5 billion deal of ThaiBev’s purchase of Sabeco’s equity in 2017, the 2018’s M&A value still increased by 41.4 percent year-on-year. Dang Xuan Minh, General Director of AVM Vietnam, said foreign investors were seeking opportunities in the consumer goods manufacturing and real estate industries in Vietnam to capitalize on the huge market of more than 96 million people. “At a Bloomberg’s investment conference in Thailand recently, many foreign investors expressed their keen interest in Vietnam’s market and want to seek opportunities … [Read more...] about M&A value reaches USD 5.43 billion in seven months

An exhibition and trade networking event was held in HCM City’s Le Van Tam Park for businesses from southern provinces to promote their goods to consumers and distributors. — VNS Photo Viet Dung An exhibition and trade networking event for southern provinces to promote their agriculture products with high export potential has opened at HCM City’s Le Van Tam Park. Around 300 businesses from 18 southern provinces are showcasing high-quality agricultural products for the benefit of end consumers and potential business partners such as retail chains and exporters. Vu Ba Phu, head of the Viet Nam Trade Promotion Agency, said the event seeks to connect businesses with foreign trade facilitation organisations to stimulate exports. Besides, producers and distributors could network with each other and study each other’s markets, he said. Online B2B meetings were also held between Vietnamese and foreign businesses. The event, organised by the Ministry of Industry and Trade and … [Read more...] about Exhibition, trade event held for southern provinces’ businesses

The National Centre for Socio-Economic Information and Forecast (NCIF) on August 10 launched a workshop assessing the Top 500 Vietnamese largest private enterprises (VPE500). Workers at Ho Guom Garment Company's factory. — (Photo courtesy of Ho Guom Garment) Opening the event, Luong Van Khoi, deputy director of the NCIF under the Ministry of Planning and Investment (MPI), said that domestic private enterprises are playing a more and more crucial role in economic growth. In 2019, Vietnam had 668,503 enterprises, of which 647,632 were private, representing 96.88% of total companies. Private enterprises contributed 15.127 trillion VND (64.7 billion USD) or 57% of total net revenue, and hired 9.075 million employees, accounting for 59.9% of the total employees in the country’s enterprise sector. According to a report conducted by the NCIF and Konrad-Adenauer-Stiftung (KAS), the VPE500 outperforms local private enterprises in terms of size and average … [Read more...] about Nation’s largest firms the driving force for economic growth