VietNamNet Bridge - For a rising great power, China is remarkably short on oil and gas. That’s why many observers have speculated that China's quest for sole sovereignty over the South China Sea is driven largely by belief that the sea bottom is rich in hydrocarbon resources. This is not the first time that a big country has been suspected of having plans to monopolize the resources of the South China Sea. Forty years ago, when analysts ran out of other reasons to explain the American embrace of a corrupt and crumbling South Vietnamese regime, some guessed that it must be because Washington knew oilfields lay just offshore. This time, there may be more substance to the theory. Now that tensions among rival claimants to all or part of the 1.5 million square-kilometer sea that is enclosed by the Philippines, Malaysia, Brunei, Vietnam and China have at least temporarily eased, it's useful to look at the evidence for what might be called … [Read more...] about China’s oil and gas obsession in the East Sea
Leading company in the philippines
VietNamNet Bridge - Of the Forbes’ list of 200 best companies in Asia with revenues under $1 billion in 2013, there are 10 businesses from Vietnam, up by two from 2012. The list was released by Forbes Asia in Singapore on August 1 shows that China (including Hong Kong) continues to lead with 63 businesses. Taiwan also has up to 26 firms, ranked second. Meanwhile, Japan has 17 companies compared with 4 or less in the previous years. "The results also suggest positive outlook for recovery of the Japanese economy," said Forbes Asia editor Tim Ferguson. Forbes Asia’s editors, drawing on databases of 15,000 stock-traded companies in Asia-Pacific with revenues between $5 million and $1 billion, winnowed the choice to 873 that satisfied the following criteria: five-year average return on equity and pretax margin greater than 10%, positive sales and earnings per share growth for both the most recent fiscal one and three-year periods, debt less than 75% of shareholders’ … [Read more...] about 10 VN companies in Asia’s 200 best companies with sales under $1bil.
Good products, excellent customer service and professional sales people are three core fundamentals in the operation of AIA Vietnam. With the rich experience and deep understanding of the Asian market, the new CEO of AIA Vietnam is expected to help this financial institution become the preferred insurance company in Vietnam. Stephen Clark has an exclusive interview with The Saigon Times Daily. Vietnam’s insurance industry is not yet familiar with you, and the expectation of AIA Group in general and AIA Vietnam in particular towards a CEO is very high. Do you feel much pressure? - Having spent the past six years as CEO for two of AIA’s joint venture companies in the Philippines, I am aware of the very high expectations of the group. AIA is very focused on being an important and integral part of the insurance industry in all the countries it currently operates within. Vietnam is no exception. My aim as CEO of AIA Vietnam is to build on the great work that has already been … [Read more...] about AIA will be preferred insurance company in VN
The recent disclosure of excessive lead content in beverages produced by the Vietnamese unit of Filipino food and beverage firm Universal Robina Corporation (URC) causes many consumers to be worried about their health, as most of the affected drinks have already been sold to the market. The recent disclosure of excessive lead content in beverages produced by the Vietnamese unit of Filipino food and beverage firm Universal Robina Corporation (URC) causes many consumers to be worried about their health, as most of the affected drinks have already been sold to the market. The Ministry of Health signed a decision in late May to impose a VND5.8 billion (US$259,144) financial penalty on URC Hanoi Co. Ltd. for excessive lead content in its C2 bottled green tea and Rong Do (Red Dragon) energy drinks. URC Hanoi, under URC Vietnam, is the Vietnamese arm of Universal Robina Corporation, one of the largest consumer food and beverage companies in the Philippines. Inspectors from the Ministry of … [Read more...] about Lead contamination in Philippine drinks sparks concern among Vietnam consumers
The Vietnam Food Administration (VFA) under the Ministry of Health has been testing drink products of URC Hanoi Co. Ltd based on concerns around the excessive presence of lead in the firm’s ingredients. The Vietnam Food Administration (VFA) under the Ministry of Health has been testing drink products of URC Hanoi Co. Ltd based on concerns around the excessive presence of lead in the firm’s ingredients. On Monday, the VFA took samples from C2 bottled green tea and Rong Do (Red Dragon) energy drink from the domestic market and manufacturing facilities of Universal Robina Hanoi Co. Ltd. to carry out a thorough inspection. URC Hanoi under URC Vietnam is the Vietnamese arm of Universal Robina Corporation, one of the largest consumer food and beverage companies in the Philippines. Nguyen Thanh Phong, head of the VFA, told inspection units to present test reports as soon as possible since “this is a hot issue on social networks.” The company began to raise public … [Read more...] about Vietnamese food authorities inspect Filipino firm for lead content in beverages