Hyundai readies to enter commercial vehicle market in india

The number of aircraft in Vietnam and Asia Pacific is expected to double in the next 20 years, increasing demand for aviation services. From 2019 to 2038, airlines worldwide will need 44,000 new aircraft, including 17,000 aircraft (39 percent) for Asia Pacific. Boeing predicts that Asia Pacific, including Vietnam, will lead the world in terms of demand for aircraft maintenance technicians, about 249,000, or 39 percent of the global demand, about 323,000 crew staff, or 37 percent of the world’s demand, and 244,000 commercial pilots, or 38 percent of total demand. According to Boeing Asia Pacific Aviation Services (BAPAS), BAPAS is providing technical services to airlines in Vietnam, including aircraft maintenance and cooperation to train crew members. Mai Lan Local airlines add more seats for Tet flights Airlines have added more seats and air tickets prices are increasing as the Tet holiday approaches. Vietnam Airlines, Bamboo Airways launch new air routes to … [Read more...] about Aviation service market promising

Business Beat (16-11-2009) India tipped to import Viet Nam rice by Le Hung Vong Viet Nam will be able to meet India’s reported intention to import 2 to 3 million tonnes of rice, the deputy chairman of the Viet Nam Food Association Nguyen Tho Tri has said. The statement was made after the Indian Press Trust reported on November 4 that the Government of India has a plan to import 2 million tonnes of rice from Viet Nam and Thailand because of India’s decreasing rice output due to the impact of drought and floods. Speaking in an interview with the Thoi Bao Kinh Te Sai Gon, Tri affirmed that Indian diplomats had informed him that the South Asian giant was looking to buy 3, not 2 million tonnes of rice, as previously reported. Tri said Vietnamese enterprises will be able to meet the demand, adding that the delivery date will coincide with Viet Nam’s winter-spring crop harvest in January and February 2010, when the supply will be plentiful. He explained that Viet Nam can … [Read more...] about India tipped to import Viet Nam rice

After many years of investing heavily and enduring losses to acquire its dominant share of the retail market, Vingroup, Vietnam’s biggest private conglomerate, is withdrawing from the business. The merger deal that it has signed with food giant Masan Group will integrate its network of 2,600 Vinmart and Vinmart+ minimarts into a merged entity operated by the latter. Vingroup will remain a shareholder in the merged entity, it said Tuesday. Although retail is a major asset in Vingroup’s commercial ecosystem, which includes real estate, education and shopping, it has not engaged heavily in backwards integration, i.e. the production of consumer goods. Masan, on the other hand, with its core business in fast moving consumer goods (FMCG), can potentially make much better use of the retail network that Vingroup has built. And with Vingroup retaining an undisclosed stake in the new entity, its network could still be used to support the conglomerate’s core business in … [Read more...] about What Vingroup and Masan hope to acquire from their retail merger

Nguyen Tuan Anh, CEO of Grab Financial Group Viet Nam, talks about strategies to help start-ups expand their markets at a recent event in HCM City. — Photo Thanh Nguyen. Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Viet Nam has said. Speaking at a recent boot camp, a start-up training programme organised by VnExpress.net, Nguyen Tuan Anh said reaching out to the world was not optional but imperative for a start-up to succeed. “You may not go global right away, but you must have a vision to do it in the next five to 10 years. “Vietnamese start-ups must conquer the global playground to increase the value, revenue and profit.” Anh was one of the first employees of the giant ride-hailing service when it entered the Vietnamese market in 2014 on the heels of its success in four other Southeast Asian countries, Malaysia, … [Read more...] about Start-ups must go global, says Grabs Viet Nam chief

  Nguyễn Tuấn Anh, CEO of Grab Financial Group Việt Nam, talks about strategies to help start-ups expand their markets at a recent event in HCM City. Photo Thành Nguyễn. HCM CITY — Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Việt Nam has said. Speaking at a recent boot camp, a start-up training programme organised by VnExpress.net, Nguyễn Tuấn Anh said reaching out to the world was not optional but imperative for a start-up to succeed. “You may not go global right away, but you must have a vision to do it in the next five to 10 years. “Vietnamese start-ups must conquer the global playground to increase the value, revenue and profit.” Anh was one of the first employees of the giant ride-hailing service when it entered the Vietnamese market in 2014 on the heels of … [Read more...] about Start-ups must ‘go global’, says Grab’s Việt Nam chief