Yesterday business news

The capital market, digitalization, energy transition, climate change, and strategic infrastructure are key potential fields for Warburg Pincus to focus on in Vietnam. Vietnam’s business environment and macroeconomic conditions have become more stable and favorable for foreign investors, said CEO of global private equity firm Warburg Pincus Charles Kaye at a meeting with Prime Minister Pham Minh Chinh on May 15. Prime Minister Pham Minh Chinh and CEO of global private equity firm Warburg Pincus Charles Kaye. Source: VGP Kaye said investors are concerned about the four major issues, including the capabilities of local companies, macro-economic stability, infrastructure, and the authorities' responsiveness. In this regard, Kaye said Vietnam could do more in infrastructure development as one of the measures to improve the business environment. The CEO also revealed a plan to expand the equity firm investment portfolio in Vietnam’s real estate market and … [Read more...] about Vietnam’s business environment favorable for foreign investors: Warburg Pincus

World champion Carlos Edriel Yulo bags the gold medal in the men’s rings on May 15. Inquirer/ANN Photo Thanh Hà fcProving that gymnastics is a gold mine for Team Philippines, Carlos Edriel Yulo won two gold medals and Filipino-American Aleah Finnegan took another on May 15 in Hà Nội. Yulo, the two-time world champion, opened the day’s competition at Quần Ngựa Sports Palace with an electrifying performance in floor exercise, the event he won the 2019 Worlds. He grabbed 15.200 points for his second gold of the meet, highlighting his all-around triumph. Singapore’s Terry Tay Wei An took silver (14.033) and Vietnamese Trịnh Hải Khang bagged the bronze (14.000). Yulo followed up the performance with an impressive triumph in rings for his third gold medal. The 22-year-old scored 14.400 to defeat two Vietnamese athletes, Nguyễn Văn Khánh Phong (13.800) and Lê Thanh Tùng, to hold the bench lead. He said he was very happy because he didn’t expect to win. But he was proud of … [Read more...] about Yulo, Finnegan secure three golds for Filipino team

Prime Minister Phạm Minh Chính has a meeting with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (US time). — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chính highlighted Kerry’s heartfelt sentiments towards the country and people of Việt Nam, as well as his responsibility and enduring contributions to Việt Nam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Việt Nam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Việt Nam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and … [Read more...] about US climate envoy Kerry pledges to assist Việt Nam with energy transition, climate change

PM Pham Minh Chinh (front, third from right) and other officials at the opening ceremony of the FPT Software office in New York on May 15 (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh attended the opening ceremony of an office of FPT Software , a subsidiary of the FPT Group , in New York city on May 15, as part of his working visit to the US and the UN. This is FPT Software’s second office in New York , 10th in the US, and 58th in world. The company is providing technological and digital transformation services for tens of businesses in the Fortune 500 list in the North American country. After 14 years of operating in the US, FPT Software now has 450 employees and its clients are from 30 states across this country. The US is currently one of the two largest markets of the company, whose revenue here rose 52 percent year-on-year in 2021 and 60 percent in the first quarter of 2022. Dang Tran Phuong, Director of FPT America, said FPT Software is … [Read more...] about PM attends opening ceremony of FPT Software’s second office in New York

Japanese pharma firm Eisai Vietnam Co., Ltd opened a new business office in HCM City on Thursday, May 12, 2022. — Photo courtesy of the company Japan-headquartered pharmaceutical company Eisai Vietnam has inaugurated a new business office in HCM City, reaffirming its decades long presence in the country. The new office is located at the Saigon Giai Phong Tower at 432-438 Nguyen Thi Minh Khai Street in the city’s District 3. Yuki Inoue, general director of Eisai Vietnam, said the company aimed to improve the distribution system, introduce innovative drugs, and contribute to improving benefits for patients based on its human health care or “hhc” philosophy. He explained that Eisai's corporate philosophy gives first thought to patients and their families, and to increasing the healthcare benefits that meet significant unmet medical needs. Eisai Vietnam is a wholly owned subsidiary of Eisai Co Ltd, a leading global research and development-based pharma company headquartered in … [Read more...] about Japanese pharma firm opens new office in HCM City

Visitors at the last edition of the Vietnam International Premium Products Fair. This year the fair will be held from June 2 to 5 at the Saigon Exhibition and Convention Centre. — Photo courtesy of Coex Vietnam HCM CITY — The Việt Nam International Premium Products Fair will be held again in HCM City after being delayed due to the COVID-19 pandemic. VIPREMIUM 2022 returns from June 2 to 5 with a mission of connecting domestic and foreign businesses in the beauty - fashion, premium food and beverages, gift and houseware, smart devices, healthy and eco-friendly items, stationery, and office items industries, according to the organisers. To be held at the Saigon Exhibition and Convention Centre, the fair will have 350 booths set up by 250 companies, and is expected to welcome 10,000 buyers and visitors. Among its highlights will be the Korea Sourcing Fair with brands from across Korea and premium consumer products. Seminars will be hosted on the sidelines by experts on various … [Read more...] about Vietnam International Premium Products Fair attracts over 250 exhibitors

NA Chairman Vuong Dinh Hue (eighth from left) presents a gift to a representative of the Lao - Viet Bank on May 15. (Photo: VNA) Vientiane (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue visited the Lao - Viet Bank (LVB), the commercial representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) in Laos, in Vientiane on May 15. LVB was established on June 22, 1999 and had charter capital of 791.3 billion LAK (100 million USD at the date of capital contribution). Present in nine of the 18 provinces and cities in Laos, it is Vietnam’s leading commercial bank and also one of the three largest financial institutions in the country, with total assets currently approximating 1.1 billion USD - ranking third in the local banking system. Speaking highly of the bank’s development over the last 23 years, Chairman Hue, who is paying an official visit to Laos, said BIDV should help promote investment and give advice to Vietnamese … [Read more...] about NA Chairman visits Lao – Viet Bank in Vientiane

MUSIC & PERFORMANCES Creative Dance – METTLER Scholarship 2 semesters: 06 Feb – 29 May, 2022 Registration link From the organizer: Mettler-based Creative Dance Scholarship program provides an introduction to the underlying principles and teaching methods used in Mettler-based Creative Dance. The scholarship is provided by Mettler Studio Inc., USA & Vietnam Dance/Movement Therapy for professional and personal development. ____________________________________________________ EXHIBITION Until May 29, 08 am – 05 pm Hanoi-Solo Art Exhibition Phan Minh Chau: Rock ballad in Colors May 16 – 22 Hanoi-Signifiant Dream May 20 & 21, 08:30 pm Rooftop Manzi Exhibition Space, 2 ngõ Hàng Bún, Ba Dinh District From Manzi: “With the world being stretched, spread in connection, we’re in a tendency of being taken far from home” Signifiant Dream A site-specific staging by XplusX … [Read more...] about What’s on May 16-22/2022

Bùi Thị Thu Thảo training for the SEA Games 31. — Photo courtesy of Thảo Thanh Nga The SEA Games 31 marks the return of Bùi Thị Thu Thảo in the long jump category which will start today in Hà Nội. “I am ready for the event and to devote myself to the Games to bring home a gold medal,” Thảo said. At the region's biggest sports event in the Philippines in 2019, Thảo couldn’t participate because of injury. After that, she started a family and also did not set a date to return to competitions, partly because of her small child and partly because of the influence of the COVID–19 pandemic. After two years away from events, late last year, Thảo returned to compete at the National Athletics Championship, where she reminded everyone of her prowess to take gold with 6.27m. This achievement was still far from what she had done at the Asian Games in 2018 (6.55m) and SEA Games 29 (6.68m), but it was her great return nonetheless. In 2017, Thảo won a gold medal at the Asian championship, … [Read more...] about Long jumper Thảo ready to leap back into competition

Đầm Vạc Golf Course where the SEA Games 31's golf tournament takes place. — VNA/VNS Photo Hoàng Hùng VĨNH PHÚC — The northern province of Vĩnh Phúc, which will host competitions for Muay Thai and Golf at the 31st Southeast Asian Games (SEA Games 31), has organised a number of exciting activities to promote the province's culture and tourism. The provincial Tourism Promotion and Information Centre has worked with local businesses to promote travel services, tours, ‘One Commune, One Products’ (OCOP) programme, and local specialities at competition venues, making it easier for sports fans and tourists to get information, travel advice, and guidance. In addition, the centre also collaborated with local travel agencies to build intra-provincial trips and send guides to take tourists to three of Vĩnh Phúc's most popular tourist attractions: Tây Thiên landscape complex, Tam Đảo tourism area, and the eco-tourism area of Đại Lải Lake. Tam Đảo is a famous tourist destination in Vĩnh … [Read more...] about Vĩnh Phúc making most of SEA Games to boost tourism