It’s perhaps a difficult task to assist consumers to understand the value of better sleep. There is an education process to selling sleep but we can say we have achieved success and great consumer feedback on the LMG experience. Consumers appreciate the chance to understand the products they are investing in. Remember we spend ⅓ of our life in bed, sleep products -mattresses, pillows and sleep accessories - are an investment not just monetarily but also in maintaining our health and wellness. LMG offers a wide range of product options and price ranges to meet our customer’s preference. LMG is the first to offer a VND1.0 billion mattress set in Viet Nam. … [Read more...] about US mattress company eyes Viet Nam’s enormous potential
Progressive group of insurance companies
On the other hand, Tech In Asia assessed that maybe investors prefer Shopee over Garena. This is reflected by SEA’s initial public offering (IPO) in 2017, when Shopee was the main factor that helped SEA lure in more investors. Notwithstanding, everything has changed. After the failure of WeWork, investors are more interested in profitability. That means even if the companies produce high growth rates or show positive prospects but are far from making profit in the short term, they will not be appreciated by investors. … [Read more...] about Should SEA Group stop pouring capital in Shopee?
Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
Residential projects in Ho Chi Minh City – one of three key product lines of Novaland While facing the Covid-19 pandemic, the Group has been simultaneously implementing numerous solutions to ensure continuous business operations with a focus on analyzing and creating financial scenarios, including: (i) strengthen cash and cash-equivalents management, forecast and optimize cash flow in different market scenarios; (ii) optimize operating expenditures; (iii) and enhance relationships and provide timely information to local and foreign investors and financial institutions. In addition, Novaland has quickly activated a business contingency plan to ensure uninterrupted operation of the Company and customer transactions, such as (1) establishing the Covid-19 Anti-epidemic Steering Committee; (2) implementing measures to protect customers, partners and employees through the application of information technology; (3) planning and providing financial scenarios; and (4) stabilizing … [Read more...] about Novaland attractive to foreign investors, why?
The Labour Federation in eight districts has called on 93 landlords to reduce rental fees from VNĐ100,000 to VNĐ1 million per month for 4,500 workers. Many of the landlords have presented rice and other essential items to workers who rent their rooms. Workers have been allowed to pay rent at a later date. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia (updated hourly)