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Digiworld aims to grow 25 per cent on average annually in the next decade Two months ago, Digiworld’s executive told securities firms that a partner producing and assembling Xiaomi tech products is opening a plant in Vietnam’s northern port city Haiphong, and that the plant would commence operation in the second half of this year. Albeit the information was not yet confirmed by Digiworld’s leadership at the company’s recent annual general shareholders’ meeting on April 4, the company’s CEO Doan Hong Viet was quoted as saying, “This is informal information; Xiaomi and Digiworld will be making an official announcement on a suitable timing in the future.” In fact, Digiworld is the exclusive distributor of all Xiaomi products in the Vietnamese market. According to Viet, home appliances would be one of hte key segments of Digiworld by 2024 with the target of holding a "remarkable market share", in which TV sets would secure the largest share in value. The home appliances market, … [Read more...] about Digiworld aims to reach billion-dollar market cap target

In recent years, companies in the real estate brokerage industry have been listed on the stock market to seek new development opportunities, such as CENLand or Hai Phat Invest, or recently DXS. Holding a leading share of the brokerage market across the country, DXS has its own charm with many differences. The first thing to see is that DXS has a solid relationship with most investors in the market as it has the ability to participate in project development from the beginning, increasing the value of the project and bringing cash flows with a high rate of return for the company. Since 2003, the company has distributed more than 130,000 products from 500 projects of 200 investors. Besides, thanks to the parent group which is the investor of many projects, DXS has a major source of “back-up” products and is ahead of the many professional brokers looking to transform into real estate developers for better profit prospects. Meanwhile, the brokerages companies of large-scale real estate … [Read more...] about The IPO “blockbuster” DXS: Where does the power come from?

Con Dao Islands give visitors special feelings with its historic relics and breathtaking scenes. This time of the year is ideal for making a trip to the islands boasting beautiful blue sea and white sand. The crystal blue sea of Con Dao Islands. Con Dao is 97 nautical miles off Vung Tau City and 120 nautical miles off the coast of HCM City. It is in fact an archipelago with 16 islets. Among them, Con Son is the largest, covering 51 square kilometers. Other smaller ones are Hon Bay Canh, Hon Cau, Hon Bong Lan, Hon Tai, to name but a few. The islands feature mesmerizing beaches with crystal blue water and white sand. Islanders of Con Dao are hospitable, who can make tourists feel at home. The untapped beaches on the islands allow visitors to enjoy an action-packed day of sunbathing, swimming, and food tasting. Tourists on a floating eatery enjoy seafood. Adventurous travelers should make a trip to Mui Ca Map (Shark Cape) and Nhat Beach by motorbike to … [Read more...] about A great beauty of the ocean

Da Nang allows foreigners to buy houses in 17 projects The Construction Department of central Da Nang city has listed 17 commercial housing projects in which foreign organisations and individuals can buy units. The projects include Blooming Tower, Golden Square complex, Quang Nguyen Apartment complex, Thuy Tu urban area, Harmony Tower, and Da Nang FPT Technological Urban Area. The city also disallows foreigners from owning property in three projects, namely F-Home Apartment complex, Da Nang Diamond Tower, and IndoChina Riverside Tower. The department suggested the Department of Natural Resources and Environment and relevant agencies review the grant of licences to foreign organisations and individuals in projects that are off-limits to foreign buyers./. Coffee exports fall by over 11 percent in Q1 Coffee exports earned 771 million USD for Vietnam in the first quarter of 2021 In March alone, 145,000 tonnes of coffee were shipped abroad, bringing home 275 … [Read more...] about VIETNAM BUSINESS NEWS APRIL 14

Semiconductor crisis forces top-level action. Source: freepik.com The world’s semiconductor industry sales hit $40 billion for the month of January – a rise of 13.2 per cent on-year, revealed the Semiconductor Industry Association. Now, consumers are having to deal with price hikes and a lack of products from automobiles and videogames to TVs and smartphones as a global shortage in semiconductors grows. The shortage in chips, the so-called “brain” within every electronic device, has been slowly getting worse since last year, according to The Guardian. Temporary delays in supplies as factories shut down due to the coronavirus pandemic caused initial issues. However, although production is somewhat back to normal, surges in the demand driven by new habits stemming from the pandemic is causing the situation to worsen. Mainly, a boom in sales of TVs and computers, the launch of brand new videogame consoles, and arrival of 5G-enabled mobile phones have all driven the demand. … [Read more...] about Semiconductor crisis forces top-level action