Us warship in south china sea

10th Allianz survey: Pandemic outbreak overtakes Business interruption as the top risk and Changes in legislation and regulation jumps seven spots and ties with business interruption to make the top three risks for businesses in China for 2021Globally, Pandemic outbreak rockets to #2 from #17 and is seen as the main cause of business interruption in 2021, followed by Cyber incidents. Companies look to de-risk supply chains and boost business continuity management for extreme events.In Asia Pacific, the top three risks mirror the Global rankings although Business interruption swaps places with Cyber incidents, which ranks #1 for the second consecutive year. Market Developments and rising insolvency rates could also affect supply chains, with large bankruptcies expected in the US, Brazil, China and core European countries in 2021 … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China

Other: Zaha Hadid Architects (Design Architect & Interior Designer), Ronald Lu & Partners (Lead Architect & Authorized Person), WSP (MEP Consultant), C M Wong (Structural & Geotechnical Engineer), Ove Arup & Partners (Building Sustainability Consultant), LERA (Structural Steelwork Engineer), Thornton Tomasetti (Structural Peer Reviewer), Group 5F (Swiss Facade Consultant), Meinhardt Facade (Local Façade Consultant), Peter Walker and Partners (International Landscape Architect), Earthasia (Local Landscape Architect), Speirs + Major (Special Lighting Consultant), Lichtvision (Lighting Consultant), Atelier Pacific (Graphic & Signage Consultant), Eckersley O' Callaghan (Glass Facade and Footbridge Consultant) … [Read more...] about MIPIM Asia Awards 2020 Winners & Startup Competition Hong Kong Winners Announced

Samsung Electronics’ factory in Thai Nguyen Province is the South Korean conglomerate’s largest mobile phones and phone parts manufacturing factory in the world, which contributes greatly to Vietnam’s exports of phones and phone parts – PHOTO: SAMSUNG HCMC - Vietnam’s exports of phones and phone parts were heavily impacted by the Covid-19 pandemic last year, falling 0.4% compared with 2019 to US$51.18 billion, according to the General Department of Vietnam Customs. … [Read more...] about Vietnam’s phone exports fall 0.4% in 2020

Vietnamese enterprises have delivered and received goods at Vietnamese ports, so the right to hire vehicles is undertaken by foreign partners, Vietnamese shippers depend entirely on foreign shipping companies and are forced to pay surcharges implemented by those shipping companies, according to Nhat. … [Read more...] about Shipping industry needs State support to develop: ministry

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry