Why ensure cannot be sold in vietnam

Hopes of a big rise in car sales in October thanks to a steep drop in prices and the rollout of new models have been dashed, spreading more gloom about the sector’s health. A corner of the Vietnam Motor Show 2019 The Vietnam Automobile Manufacturers’ Association (VAMA) said on November 11 that total car sales in October reached 28,948 units, a slight increase of 4.3 percent compared to September but much lower than the rest of the year. Of the total number, sales of passenger cars inched up 2 percent to 21,355 vehicles, while figures for commercial and special-purpose vehicles leaped 11 percent and 14 percent to 7,228 and 365, respectively. Some 16,406 domestically-assembled cars were sold, falling 3 percent month on month, while sales of imported units climbed 16 percent to 12,542. Toyota continued to lead sales with 7,216 vehicles, followed by Misubishi (3,566 units), Ford (3,114 units), and Honda (3,058 units). A series of promotions were offered by dealers … [Read more...] about Vietnam’s auto market filled with gloom despite falling prices

Debate over the promising future of mergers and acquisitions in Vietnam following the country’s plethora of free trade agreements overshadowed the Vietnam M&A Forum 2016, organized by VIR and AVM last week in Ho Chi Minh City. Dr Christopher Kummer, president of the Institute of Mergers, Acquisitions and Alliance in Switzerland, said Vietnam has climbed the ranks as an active mergers and acquisitions (M&A) location worldwide since 2014. The Vietnamese M&A market recorded US$5.2 billion worth of deals in 2015 and US$3 billion in the first half of 2016, rising 28% year-on-year. The majority of foreign investors participated in deals worth US$30 million and above, especially in mega-deals of over US$1 billion. “I believe international interest in the Vietnamese M&A market will continue for a considerable time, as Vietnam is poised for stable economic development while many other countries are still experiencing slower growth,” said Dr Kummer. Similarly, … [Read more...] about Firms eager to buy into Vietnam’s M&A market

Dang Hung Vo "It's very scary! Why does our village have to put up with the pollution caused by the entire province?" a woman belonging to the San Diu, or Yao, ethnic group in northern Vietnam, wanted to know. She came to my house a couple months ago. I welcomed her in, seated her and listened to what she had to say. She told me about the situation in her village. Vinh Phuc Province, a little more than an hour northwest of Hanoi, had decided to build a centralized waste treatment (CWT) facility in her village, Trung Mau, in Binh Xuyen District, to handle trash from all over the province. In the last few years the government had already acquired almost all the farmlands in the village for other purposes, and now if the little left is also taken, the villagers will not only be left jobless but also face the prospect of living with pollution. They just do not believe the facility can treat the garbage with zero impact on the environment. The woman beseeched me: "We just want back the … [Read more...] about Vietnam owes ethnic minorities big debt, but has defaulted

“Vietnam has cut child labor by 67 percent since 2000, and more Vietnamese children are better off today than 20 years ago,” according to Save the Children’s third annual Global Childhood Report 2019, released on July 30. Ms. Dragana Strinic, Country Director of Save the Children in Vietnam Photo: Save the Children Fund The Global Childhood report measures the extent to which children in each country experience “childhood enders” - life-changing events like child marriage, early pregnancy, exclusion from education, sickness, malnutrition, and death. Vietnam ranked 95th this year out of 176 countries, with less than 10 per cent of children aged 5-14 being engaged in child labor and an overall reduction in the stunting rate to 24.6 per cent against 36.5 per cent in 2000. Speaking at the report’s release, Ms. Dragana Strinic, Country Director of Save the Children in Vietnam, said the rate of child labor in Vietnam has achieved impressive … [Read more...] about Child labor in Vietnam down 67 percent since 2000: report

National Assembly Vice Chairman Phung Quoc Hien made the statement at a reception for Cyril Sayag, Director of the Asia Pacific International Wine and Spirits Alliance (APIWSA), in Hanoi on March 19. Hien applauded international wine businesses in Vietnam for approaching and engaging in social activities under the motto of using wine and beer culturally, saying this is a basis for the Vietnamese National Assembly to study mechanisms and policies on wine, beer and alcohol drinks. For his part, Cyril Sayag said at present, international wine businesses have set up their factories in Vietnam. He stressed that his organisation supports the strict handling of such behaviours as drinking while driving under the law. He proposed the Vietnamese legislature assess the impact of tax policies on wine and beer products in the past five years as well as take measures to closely control these products in order to both ensure economic benefits and protect public health. … [Read more...] about Vietnam completing policies on wine, beer management: NA Vice Chairman