Hanoi (VNA) – Vinamilk said it exported ten containers of plant-based milk to China in the early days of 2021 and five more containers of condensed milk will soon depart for the world’s largest market. It is believed to be a good start for Vietnam’s largest dairy producer this year. Ten containers of high-quality plant-based milk – almond-flavoured soymilk and red bean-flavoured soymilk – have arrived in China and been available at local convenience stores while the State-owned corporation is ramping up production to deliver five containers of condensed milk before the Lunar New Year Festival. In April last year, Vinamilk dispatched to China its first shipment of Ong Tho (Longevity) Brand Sweetened Condensed Milk, which has been well-received in the neighbouring country. Last week, the Ministry of Industry and Trade announced that Truong Tho Dairy Factory, a member of Vinamilk, was granted with codes for exporting to China sterilized milk, modified … [Read more...] about Vinamilk exports plant-based and condensed milk to China
Industrial production china
Ultra-luxury residences hit Vietnam
Representatives from Masterise Homes (Tran Quoc Hoai and Nguyen Huong Lien back left; Jason Turnbull front left) and from Marriott International (Justin Malcolm second from right, Scott Hodgetts right, and Ha Quoc Minh front right) joined honoured guests Alexander Tatsis from the US Consulate General (third from left) and Mary Tarnowka from AmCham (fourth from left) The branded residences experience, as seen in many developed real estate markets, offers tremendous opportunities in Vietnam amidst rising demand for alternative residential products that offer the next level of luxury living. The joint effort of the two entities – each bringing their impressive experience and expansive expertise in property development and hospitality management – is expected to bring a new ultra-luxury residential product concept of branded residences to Vietnam, elevating and changing the local landscape of residences to truly global luxury standards. … [Read more...] about Ultra-luxury residences hit Vietnam
Vietnam stands firm amid pandemic: international media
Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media
VP Bank in Singapore Awarded Best Private Bank in Asian Private Banker Awards for Distinction 2020
Commenting on VP Bank's win, editor of Asian Private Banker, Sebastian Enberg who also chairs the judging panel for the Awards for Distinction said, "VP Bank's patent commitment to Asia's independent asset management community is well evidenced by its continued and meaningful investments in servicing, solutions, and digital capabilities, with the intent of supporting Independent Asset Managers and their clients beyond their traditional banking needs. This dedication is laudable in an industry where IAMs are not typically viewed as a core business priority, let alone partners. And it's yielding results. In 2020 -- and amid challenging conditions -- VP Bank in Asia realised a marked increase in the quality of its IAM relationships, including in North Asia, healthy new asset inflows, and further added to its team of Intermediaries specialists, thereby distinguishing itself in a highly competitive space." … [Read more...] about VP Bank in Singapore Awarded Best Private Bank in Asian Private Banker Awards for Distinction 2020