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The survey has been conducted in Hong Kong and six Southeast Asia countries by market research company iPrice Group. This figure was lower than that of Hong Kong (55 percent) but higher than that of Thailand (44 percent), the Philippines (39 percent) and three other Southeast Asian countries, showed the survey. Vietnam’s figure has improved from 37 percent in 2018. In Southeast Asia, however, there is still a gender gap in top positions. Only 31 percent of women have C-level roles - executive levels such as CEO or chief financial officer (CFO). In the vice president position, just 38 percent are women. Overall, there is a 40-60 disparity between women and men when it comes to being in positions of power. "Given centuries of gender inequality and women taking time off for child rearing, the disparity isn’t as wide as we may have assumed," the iPrice report said. … [Read more...] about Vietnam women’s e-commerce leadership ratio second highest in Southeast Asia

The just-established Thu Duc City is already witnessing skyrocketing property prices, with hikes of around 30 per cent reminding local authorities of the need for special policies to manage the market. Property prices have been spiralling out of control since the establishment of Thu Duc City. Photo: Le Toan/ VIR Nguyen Minh Tuan, a resident in Phuoc Long Commune of the former District 9, was interested in a land plot in Dong Tang Long New Residential Area. However, this plot’s price has increased by more than 40 per cent compared to mid-2019 when Thu Duc City was yet in the pipeline. “The prices in this area have increased a lot; however, local landlords still predict that the prices will even further increase towards the end of the year. That is why buyers will certainly make a profit if they buy land plots right now,” Tuan told VIR. Prices in the area could sit anywhere at VND30-40 million ($1,300-1,750) per square metre depending on the location in 2019, but are … [Read more...] about Stability sought for Thu Duc City prices

Phnom Penh (VNA) - Cambodia is facing the possibility of more provinces being affected by the prevailing COVID-19 February 20 Community Event which broke out on the same date in the capital. The  community event had its roots several days before the announcement of the February 20 Event, at the Sokha Hotel when four escapees, two of whom tested positive and were suspected of having the UK strain of the virus, went from one condominium to another and also to a popular nightclub, reported local media. Along the way, they left a trail of COVID-19 positive cases which has now spread to Sihanoukville with a total of 115 cases (including a handful of imported cases), Kandal, Svay Rieng with 2 cases, and now Kampong Thom and Prey Veng. Earlier on March 6, Kandal province sent 723 people in Yong Yuan in Koh Thom to quarantine after a Chinese man in this site was diagnosed with COVID-19. As of 8am of March 6, the Health Ministry of Cambodia confirmed 34 additional cases of … [Read more...] about Cambodia faces risk of COVID-19 spreading to more localities

In this file photo taken on September 20, 2020 Italian's driver Alessandro Pier Guidi competes with his Ferrari 488 GTE EVO, during the 88th edition of the Le Mans 24 Hours endurance race, at Le Mans, northwestern France, on September 20, 2020. Ferrari has entered the Le Mans Hypercar era with the Italian motor racing team announcing on February 24, 2021 it would join the FIA World Endurance Championship in 2023.(JEAN-FRANCOIS MONIER / AFP) The iconic Ferrari racing car has been absent from the highest level of sports car racing, headlined by the Le Mans showpiece, since 1973. While the hotly-awaited car has yet to be unveiled, it has been designed and Ferrari are also preparing to name its drivers for the 2023 return. Ferrari has won the outright title at Le Mans on nine occasions, the last of which came in 1965. "In over 70 years of racing, on tracks all over the world, we led our closed-wheel cars to victory by exploring cutting-edge technological solutions," said … [Read more...] about Ferrari to make Le Mans return in 2023 with Hypercar

Chairman of leading tech group FPT, Truong Gia Binh, proposed Saturday that private companies be allowed to deal with overloads on the Ho Chi Minh Stock Exchange (HoSE). The frequent overloads on the nation's main bourse has bothered investors and administrators in recent months. "The government needs to trust the private sector and create favorable conditions for it to develop," he said at a meeting between government officials and representatives of the private sector. Echoing him, CEO of budget airline Vietjet Nguyen Thi Phuong Thao said Vietnam needs stock markets on an international scale and their issues should be resolved with the help of private companies. Prime Minister Nguyen Xuan Phuc said he has tasked authorities with reviewing FPT’s request and ordered that the issues be fixed without the use of state funds. The PM also said Vietnam needs big companies capable of competing regionally and globally and an excellent human resource pool to achieve great tasks. "We … [Read more...] about Private firms offer help with stock market overloads