"There is a growing awareness among companies that the negative effects of global warming above two degrees Celsius will have a dramatic impact on bottom line results, business operations and reputation," says Chris Bonnet, Head of ESG Business Services at AGCS. "Failure to take action will trigger regulatory action and influence decisions from customers, shareholders and business partners. Therefore, every company has to define its role, stance and pace for its climate change transition -- and risk managers need to play a key role in this process alongside other functions." … [Read more...] about Allianz Risk Barometer 2020: Business interruption and natural catastrophes remain top risks amongst China companies
Us china trade talks which side holds the advantage
In 2020, the group will analyse, assess and forecast the situation as well as the results of the implementation of the strategy so as to provide the Government leader with measures to achieve the goals set, especially those on stabilising the macro economy and accelerating growth, Kien said. … [Read more...] about PM Phuc has working session with economic advisory group
In the letter, the CBP’s acting director of Trade Remedy and Law Enforcement Directorate informed Minh Phú Seafood chairman Le Van Quang about the formal investigation as the CBP had found evidence that “supports a reasonable suspicion that MSeafood entered covered merchandise into the customs territory of the United States through evasion” and the CBP had imposed interim measures. … [Read more...] about Minh Phú Seafood shares fall on investigation of tax evasion
Meanwhile, foreign investors spent $15.5 billion in 2019 to buy into Vietnamese enterprises. The total foreign indirect investment (FII) in the first 11 months of the year was $11.2 billion only, and the remaining $4.3 billion was spent within one month alone. … [Read more...] about What’s behind the $7.1 billion worth of capital flowing into Vietnam?
“The pressure that might depreciate the dong in Q1 and the first half of Q2 was quite high,” said Le Quang Trung, deputy general director and head of the treasury and capital division at VIB Bank. However, he said, things changed in Q2 and Q3. Instead of lifting interest rates the Fed did the opposite, bringing them down to promote economic growth, and thus the flow of foreign direct investment (FDI) returned to Vietnam, a country said to benefit from the trade war between the U.S. and China. … [Read more...] about Peacetime in sight for the VND