The global trade dispute has facilitated more manufacturing into Vietnam, but that trend originated much earlier Each industrial location has its own strengths. Generally, you will find the best industrial park developers in provinces with superior master planning and more successful foreign direct investment attraction policies. Identifying suitable locations for industrial property is dependent on the client’s requirements, business model, the types of property available or needed, and the location itself. Paul Tonkes, director of Industrial & Logistics Services at Cushman & Wakefield Vietnam Vietnam has three key economic zones with high levels of manufacturing, with the following two contributing close to 80 per cent of Vietnam’s GDP: ● Southern economic region: Ho Chi Minh City, Binh Duong, Dong Nai, Long An, Binh Phuoc, Tay Ninh, Ba Ria-Vung Tau, and Tien Giang. ● Northern economic region: Haiphong, Hanoi, Quang Ninh, Hai Duong, Hung … [Read more...] about Identifying apt locations for industrial property
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JFWTC, the birthplace of thousand innovations
Located in the Indian city of Bangalore, JFWTC is General Electric (GE)’s first and largest integrated multidisciplinary research and development center outside the US. With the participation of about 5,300 engineers and scientists, it is one of the world’s most diverse industrial research organizations that is at the forefront of designing innovative technology -solutions shaping the future. The center plays a special role for ASEAN countries. GE’s energy products have been delivering clean and stable electricity and lighting several million houses. New-generation engines used in aircraft of several airlines such as Vietnam Airlines have contributed to ensuring safe flights. Advanced medical equipment has also been available in all countries, contributing to improving access to healthcare in both remote and rural areas. “GE sees exceptional growth potential in ASEAN. Over the next 20 years, we expect aircrafts order, installed power generation capacity, and … [Read more...] about JFWTC, the birthplace of thousand innovations
More firms competing for shares in Vietnamese consumer lending market
Buoyed by increasing interest in taking up loans for purchases among the Vietnamese population, recent years saw an impressive growth of personal finance companies in Vietnam, with FE Credit, Viet Credit, SHB Finance, and Easy Credit, among others, joining the market. The market is expected to thrive with some newcomers backed by giant Oriented Commercial Joint Stock Bank (OCB) and Asian Commercial Bank (ACB). It is interesting that many of the current businesses are an extension of the retail banking business of some banks. Their business network, IT, and risk control system, as well as strong capital foundations, bear the marks of commercial banks. For example, FE Credit, a consumer lending company of VPBank and one of the largest players in the industry, announced that its revenue made up 30 per cent of VND9.2 trillion ($400 million) of VPBank’s overall pre-tax profit. With its return on assets (ROA) and return on equity (ROE) of 2.5 and 22.9 per cent, respectively, the firm … [Read more...] about More firms competing for shares in Vietnamese consumer lending market
Hanoi French Hospital improves service quality with the launch of new facility
Strong partnership to prevent non-communicable diseases threats at an early stageGoBear Vietnam Closes a Record Year of Strong GrowthBIM LAND and HYATT make Agreement at Vietnam Travel and Tourism Summit 2019Utopia – a Revolutionary App for Secure Instant Messaging and Crypto PaymentsThe Long-Term Ownership Sea-facing Apartment Establishes New Standard Hanoi French Hospital (HFH) has recently inaugurated a new inpatient treatment building, marking a milestone in the development of the hospital. Over the past 20 years, the international hospital has been a trustable location in terms of medical quality for patients from both Hà Nội and other northern provinces. The new building, with its modern medical equipment and improved services, is expected to help HFH reach international standards level with the top hospitals in the region. In addition to a team of professional and dedicated doctors and medical staff, the hospital offers examination, diagnosis and … [Read more...] about Hanoi French Hospital improves service quality with the launch of new facility
French photographer tells stories of street tea in Hà Nội
27-year-old French photographer Joseph Gobin has been inspired by modest iced tea stalls on the street of Hà Nội to create his photo collection. — Photo courtesy of Mai Suong Lương Thu Hương Vibrant Hà Nội has charmed many foreigners with its various unexpected aspects, and Frenchman Joseph Gobin is just the latest example. Modest iced tea stalls on the streets of the capital have become the subjects of his recent project. Gobin’s photos capture the similar moments and objects in every iced tea stall in Hà Nội that are normally unnoticed, like an iced tea stall covered with a shabby canvas at night, a pitcher placed by the wall, a close-up of a lighter placed on a plastic chair or the smiling but pensive faces of the customers. His works are on display at the exhibition Another City: Public, Private, Secret at the French cultural institute L’Espace in Hà Nội. The exhibition … [Read more...] about French photographer tells stories of street tea in Hà Nội