The epidemic has made US businesses realize that they need to choose production locations which not only allow them to optimize production costs, but also have the capability to resist shocks and risks. The figure is expected to create a positive effect on decisions by American investors to expand their production and business to non-China markets. … [Read more...] about Will US investors head for Vietnam after leaving China?
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While total losses continue to see a positive trend, the number of reported shipping incidents (2,815) increased by 5% year-on-year, driven by machinery damage, which caused over one in three incidents (1,044). A rise in incidents in the waters of the British Isles, North Sea, English Channel and Bay of Biscay (605), meant it replaced the East Mediterranean as the top hotspot for the first time since 2011, accounting for one in five incidents worldwide. Similarly, incidents in the South China, Indochina, Indonesia and Philippines region also increased by 21 year-on-year for a total of 255 in 2019, making it the third highest region. … [Read more...] about Allianz: Asian waters account for most shipping losses even as global numbers hit record low
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC. The rankings were developed based on international standards used by famous global publications and with consultancy from economists and business experts from the Harvard Business School in the US. PV GAS posted dual growth, in revenue and profit. Its return on equity (ROE) ratio and earnings per share (EPS) ratio grew every year during the 2017-2019 period. It also saw effective business operations, contributing significantly to protecting the environment and the country’s energy development. Collectively, the Top 50 businesses generated more than 60.5 billion USD in revenue (up 17 percent) and 7.1 billion USD in net profit (up 30 percent) in fields such as services, … [Read more...] about PV GAS ranked among Vietnam’s 50 best performing listed companies
Sharp, one of the leading conglomerates in Japan, is going to open its new factory in the outlying district of Ho Chi Minh City this year. It will focus on manufacturing car displays for the US market, as well as air cleaners for domestic use. Sharp has achieved great success in Vietnam over past years on the back of local annual electronics and household appliance growth of 10-15 per cent. … [Read more...] about Japanese companies enticed by local investment climate
To enhance awareness of infected patients and the community in the prevention and combating of diphtheria as well as HFMD, the Health Department promoted the adoption of effective preventive measures include frequent hand washing with soap and water, cleaning contaminated surfaces and soiled items like toys with soap and water and then using a dilute solution of chlorine-containing bleach to disinfect them. … [Read more...] about Hanoi strengthens hand, foot and mouth disease and diphtheria prevention