Le Vinh Quang, the Vietnam Taxi Alliance’s deputy head, said at its opening ceremony that traditional taxi companies in Hanoi and Ho Chi Minh City had to reinvent themselves and become more competitive in the face of rival ride-sharing corporations with financial and technological superiority. … [Read more...] about 17 Vietnamese taxi companies unite against ride-sharing services
Vietnamese logistics firms
Highways open to traffic, clear the way to more development in Mekong Delta
Before these projects opened to traffic, the entire Mekong Delta had only one highway, the HCM City – Trung Luong, 50 kilometers long, not enough for the development prospects of the Mekong Delta, which makes up 50 percent of total food output, 65 percent of fruit and 75 percent of seafood output of the country. … [Read more...] about Highways open to traffic, clear the way to more development in Mekong Delta
Shares struggle on simultaneous fall of pillars
“Foreign investors continued to be net sellers on both exchanges, the HoSE and HNX. Besides, market breadth turned sideways and the liquidity was not much different from the previous session. According to our assessment, the VN-Index may experience declines after a long period of large increases this week,” it said. … [Read more...] about Shares struggle on simultaneous fall of pillars
Long-term development commitments realised through strategic M&A moves
“Generally, all foreign investors regardless of corporate or financial investors look for the same thing: supporting their investee to grow, adding value and synergies to their portfolio of investments, and strengthening and generating financial returns,” he said. “For most Thai buyers, our general observation is that they do understand the general business practices in an emerging country like Vietnam, as most of their countries underwent the same business trajectory before.” … [Read more...] about Long-term development commitments realised through strategic M&A moves
More business leaders embrace digital technologies
Referring to insights from the report, he said businesses recognise that going digital could enable a more holistic view of what is happening within supply chains, thus providing the ability to better anticipate challenges and periods of change and weather future shocks. … [Read more...] about More business leaders embrace digital technologies