Softbank leads 535m investment in food delivery start up

Covering more than 106,000ha, the Nghi Son Economic Zone has attracted many domestic and foreign projects, including the Nghi Son Thermo-electricity Plant and the Nghi Son Refinery and Petrochemical Complex, which was put into operation in December 2018 and had a total investment of more than 9.3 billion USD.  … [Read more...] about Thanh Hoa: a promising investment destination

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation

Hong Kong lifted its first neighbourhood coronavirus lockdown on Monday morning after testing some 7,000 people and finding 13 cases as debate swirled over the efficacy of the move. Over the weekend police moved in to seal off a poor and densely populated neighbourhood of about 150 apartment blocks where coronavirus clusters had sprung up in recent weeks. Officials went door to door conducting mandatory tests and found 0.17 percent of those tested had the virus. Some community and business leaders were critical of how the lockdown was carried out. But officials defended the move as proportionate and said they would not rule out similar neighbourhood lockdowns. "We do not consider this operation a waste of manpower and money," health minister Sophia Chan told reporters on Sunday. Hong Kong was one of the first places to be struck by the coronavirus after it spilled out of central China. It has recorded just over 10,000 infections with some 170 deaths by imposing effective but … [Read more...] about Hong Kong lifts first virus lockdown after 13 new cases found

Vu Minh Tien, member of the Board of Directors, An Thinh Group We saw two challenges, including the growth motivation and competition among domestic firms post-COVID-19. It forces us to change ourselves and grow stronger. However, we also see some overlaps in legislation. It needs a lot of time to address the conflict between the laws on land and investment. There is a lack of transparency and takes a lot of time to deal with the problems. The responses of regulatory bodies are too slow. … [Read more...] about M&A in real estate remains robust

In addition, many northern provinces have accelerated the process of issuing cultivation area codes for a variety of specialty fruits in order to increase the added value. As a result, in 2020, many types of fruit will be exported through official channels to quality markets at prices many times higher than before, such as lychee exported to Japan, longan exported to Australia, and dragon fruit exported to the US. These results have contributed to bringing Vietnam’s agricultural, forestry and fishery export turnover to a record US$ 41.25 billion in 2020 in the context of the agricultural sector facing many challenges due to natural disasters and epidemics. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25