Manchester United manager Ole Gunnar Solskjaer looks on as Tahith Chong, Odion Ighalo and Scott McTominay wait to be substituted on – PHOTO: REUTERS LONDON (REUTERS) - Manchester United are in “rebuild” mode as the English soccer club chases a return to the European Champions League, Executive Vice-Chairman Ed Woodward said after financial results were dented by the team’s absence from this season’s tournament. … [Read more...] about Man United ‘rebuild’ as Champions League absence proves costly
Long term goal definition
Another PPP concern is governing law. The current decree governing PPPs provides more scope for using foreign laws to govern PPP contracts than the draft PPP bill. This is important. PPPs entail complicated legal contracts, and investors rely on legal systems with deep case histories to interpret them. Finally, the termination risk must be addressed. Once a project is built, investors need assurance that they will be repaid even if the government terminates the contract. Without these changes, the new PPP law’s success is uncertain, and projects tendered in the road and other sectors are likely to receive only limited interest from foreign investors. … [Read more...] about Vietnam building bridges for greater economic growth and development
Donald Lambert, Principal Private Sector Development Specialist from ADB’s Southeast Asia Department, said the Global Infrastructure Hub also estimated that the country needs to invest $110 billion between 2021 and 2025 for infrastructure and to meet the Sustainable Development Goals. Based on historical trends, this will leave a projected $22 billion funding shortfall for Viet Nam. … [Read more...] about Vietnam needs new approaches to fund development: ADB expert
In Ho Chi Minh City, shopping malls like Menas Plaza in Tan Binh district and Pearl Centre in District 2 have been experiencing low filling rates at 65 and 81 per cent, respectively. More telling is that the dwellings are located at spots with high population densities and a huge demand for shopping and entertainment. However, not even these factors can attract tenants to set up business. … [Read more...] about Local retail property market over saturation point
On the other hand, due to delays in shipment of import and export activities caused by the COVID-19 outbreak, there are challenges for suppliers and traders to produce, distribute and stock goods. This will likely result in an uplift in price, which might demotivate consumer spending during the fight against the COVID-19, the company said. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?