Third, in concrete terms, strengthening e-commerce or diversifying customer groups could be two viable solutions. Fourth, state-owned enterprises should not be the beneficiaries of any subsidies whatsoever. SMEs need the money much more urgently. Fifth, state price controls are counterproductive and distort competition. They should be avoided in order to prevent side-effects such as black markets and the waste of resources (minimum prices) or queues and low investment (maximum prices). Sixth, social measures such as unemployment benefits are definitely appropriate to support citizens in need. Lastly, in view of the warning example of the EU, a zero-interest rate policy should never be introduced to Vietnam. … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?
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Competition in the US is very aggressive as this is a mature market and there are multiple mattress brand options. However, AmericanStar is proud that we have a factory in Viet Nam with the capability to manufacture products of international standard for export to the US and for sale in Viet Nam. We have a team that understands what retailers and consumers are looking for in each market to ensure the successful expansion of AmericanStar group on the world mattress map including the USA. … [Read more...] about US mattress company eyes Viet Nam’s enormous potential
Indeed, SEA is taking advantage of the e-commerce business to expand to other sectors like financial services. The Singaporean group has been attempting to get a license for e-bank business in the country. That is also the reason why SEA keeps pouring capital into Shopee despite it burning through capital in the blink of an eye. … [Read more...] about Should SEA Group stop pouring capital in Shopee?
The most unique aspect is that all members will receive rewards that earn them double what they purchased. This membership purchase is fully backed by our resorts so members can earn their rewards with peace of mind. It is an incredible offer from our gaming resorts as it is a unique way to grow its membership ranks in a short span of time. Members earn their rewards over 20 months, thus giving them time to visit just one or all 11 resorts. There is also an accelerated scheme that allows them to earn all their rewards in just 10 months if they assist in growing the club's membership. … [Read more...] about The Club Token: Global Luxury Club Membership Launches
Nguoi Lao Dong newspaper cited the commission’s report, noting that Vietnam Airlines Corporation (VNA) has suffered the greatest damage as all of its international flights have had to be cancelled and its domestic flights are running on a minimal schedule. … [Read more...] about State firms to continue suffering heavy losses