Brannigan foods strategic marketing planning

The two parties will collaborate to expand C.P. Vietnam’s product portfolio to general trade and hotel-restaurant-catering, cafe, canteen (HORECA) segments in Vietnam via Karavan’s centralized platform. This platform connects brands directly with small- and medium-sized (SME) merchants in key cities, including Ho Chi Minh City, Hanoi, Da Nang, and nearby provinces. Pawin Sriusvagool, Founder & CEO of Karavan (4th from left) and Montri Suwanposri, President of C.P. Vietnam (3rd from left) at the partnership signing ceremony. Photo by Karavan The cooperation will enable C.P. Vietnam to expand its customer base, tapping into Karavan’s ready-to-scale network of about 200,000 merchants nationwide. B2B e-commerce sees abundant growth opportunities as the retail landscape in Vietnam is still dominated by traditional trade channels, such as wet markets and mom-and-pop stores. The local supply chain is currently fragmented with relatively low levels of digitization. … [Read more...] about Karavan, C.P. Vietnam partner in digitalizing food supply chain

Thanks to rigorous inspection and supervision, food service establishments in Hanoi have transformed their business and become more responsible to the community. Hanoi will continue to strengthen food safety inspection and supervision in production facilities to ensure the health and safety of residents, according to the city government. During the Food Safety Action Month 2023, from April 15 to May 15, four teams of Hanoi inspectors have strengthened supervision over food security and safety and strictly dealt with organizations, individuals, and enterprises that violate food safety regulations. To reduce food poisoning, a communication campaign has also been launched to spread information about food safety regulations in production and trade. According to Dang Thanh Phong, head of the Hanoi Food Sub-Department, four interdisciplinary teams inspected 32 food service and production facilities during the month-long food safety campaign. As a result, half of them … [Read more...] about Hanoi keeps enhancing food safety control

Vietnamese e-wallet MoMo has partnered with Apple to introduce Apple Installments, which allows users to own Apple products through flexible payment plans ranging 6-24 months. The US tech giant launched an online store in Vietnam in May. Optimism rises for fintech development opportunities, illustration photo/ Le Toan Do Quang Thuan, senior deputy director in charge of financial services at MoMo, said, “As we seamlessly integrate into the online Apple Store, we present Vietnamese users with an unparalleled range of payment options. It’s a gateway to unlocking their dreams of Apple ownership while maintaining a firm grip on their financial equilibrium.” The landscape has become increasingly competitive in Vietnam, driving innovation and advancements in digital payment solutions. Breaking new ground in the Vietnamese market, MoMo is also the first local partner to offer cashless payment options for YouTube Premium. The strategic collaboration brings added convenience … [Read more...] about Optimism rises for fintech development opportunities

Delegates to the 29th ASEAN-China Senior Officials’ Consultation. (Photo: VNA) Jakarta (VNA) - After two years of meeting via videoconference due to the COVID-19 pandemic, senior officials from ASEAN and China resumed their in-person meeting at the 29th ASEAN-China Senior Officials’ Consultation , during which they affirmed the two sides’ commitment to enhancing their Comprehensive Strategic Partnership. The Chinese side reaffirmed its support for ASEAN Community building and ASEAN centrality in ASEAN-led regional mechanisms, and highlighted this year as a milestone year in their relations as it marks the 20th anniversary of China’s accession to the Treaty of Amity and Cooperation in Southeast Asia. The meeting highlighted both sides’ developments and took note of the progress made in various areas of cooperation over the past year. Notable progress has been made in various areas of the ASEAN -China Plan of Action 2021-2025 and its annex to advance their Comprehensive … [Read more...] about ASEAN, China vow to enhance partnership

U.S. plane maker Boeing will boost its investment in the aircraft part supply chain in Vietnam, Steve Biegun, senior vice president of global public policy at The Boeing Company , told Vietnamese Minister of Industry and Trade Nguyen Hong Dien on the sidelines of the 2023 Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting in the United States, which wrapped up on Friday. Seeing the importance of the Vietnamese market for Boeing’s business strategy, the aerospace company has opened an office in Hanoi to deepen its cooperation with Vietnamese airlines and expand its cooperation in air transportation and helicopter supply, Biegun said. He affirmed that Boeing would invest in the supply chain of aircraft components and aviation equipment in Vietnam in the coming time. Minister Dien appreciated Boeing’s plan, expecting the plane maker to strengthen its partnership in the Southeast Asian nation to develop an aviation ecosystem, contributing to … [Read more...] about Boeing says will invest in aviation equipment supply chain in Vietnam

Deutsche Bank office in Viet Nam. The bank announced it will double its capital allocation in the country. — Photo Courtesy Deutsche Bank Deutsche Bank has announced a capital allocation increase for its HCM City branch of US$100 million, bringing its total to just over $200 million. The increased capital will support the bank’s growth in the country and allow it to undertake more activities for its clients, the bank said. “This capital investment in Viet Nam is reflective of our confidence in this market’s rapid development and long-term growth trajectory. Viet Nam is an increasingly strategic market for our clients. This capital injection will enable us to better support our clients’ expansion plans in the country, and likewise the broader Vietnamese economy. We’re proud of the strong local business we have built over our decades of experience here, and look forward to continuing to grow our business alongside our clients over the years to come,” said Deutsche Bank Asia … [Read more...] about Deutsche Bank doubles its capital allocation in Viet Nam

Hanoi's key economic drivers such as investment, exports and consumption should be the focus of further promotion. Hanoi should remain an example for other cities/provinces in socio-economic development. Hanoi from above. Photo: Pham Hung/The Hanoi Times The Government Office released the Prime Minister's conclusion on the direction of the capital's development. The conclusion emphasizes Hanoi's crucial role as the national political-administrative center and an important hub for business, culture, education, science, technology, and international integration. Despite the prevailing challenges faced by the entire country, the city has shown great determination and taken decisive action to successfully contain the Covid-19 pandemic, eventually moving from a state of lockdown and social distancing to a safe and flexible adaptation. "This has enabled the recovery of socio-economic development and ensured social security," the announcement said, adding … [Read more...] about Hanoi to set example in socio-economic development

Nguyen Thi Tra My, CEO of The PAN Group. — Photo courtesy of the group Nguyen Thi Tra My, CEO of the PAN Group, said that the group targeted reducing emissions, especially greenhouse gas emissions as one of the key tasks in its sustainable development goals. Greenhouse gas emissions in Viet Nam have increased significantly in recent years due to economic development and population growth. Following the global trend, the Vietnamese Government has been taking measures to reduce greenhouse gas emissions and adapt to climate change. The Government's effort to reduce greenhouse gas emissions requires the participation of businesses and also puts them in a challenge called “sustainability”. Nguyen Thi Tra My shared about this challenge. In 2022, after COP 26, the Vietnamese Government issued Decree 06/2022/ND-CP and Decision 01/2022/TTg, requiring enterprises to carry out greenhouse gas Inventory and Inventory Verification; together with the greenhouse gas emission reduction plan … [Read more...] about Sustainability – a vital trend in modern agriculture: PAN’s CEO

Fund management acquisitions unlock new edge / illustration photo/ Source: Shutterstock TPBank in late April presented its proposal to acquire a fund management company at its AGM. According to CEO Nguyen Hung, the acquisition of a subsidiary specialising in fund management is an objective necessity for the bank, ensuring a solid legal foundation and addressing market demands. Hung emphasised that the acquisition of a subsidiary specialising in fund management was not merely an option but vital. This strategic manoeuvre is poised to fuel TPBank’s pursuit of robust development, fortifying its position within the market and elevating its competitiveness. TPBank previously integrated TPBank Securities Company (TPS) into its ecosystem, assigning key positions within the company since 2019. Furthermore, TPBank has consistently injected substantial funds during recent substantial capital increases by TPS, ensuring a sustained ownership stake. The bank’s chairman Do Minh Phu said, … [Read more...] about Fund management acquisitions unlock new edge

Why did AEON decide to invest in Vietnam over a decade ago instead of a more dynamic or developed destination in the region at the time? Furusawa Yasuyuki, executive officer board member of AEON Co., Ltd. in charge of Vietnam Business, as well as general director of AEON Vietnam We started to research the Vietnamese market in 2009 before opening our first shopping mall in 2014. Now, we have eight companies in Vietnam covering shopping malls, retail, finance, services, and exports. We realise that Vietnam is in a period of rapid and outstanding growth, which is similar to the previous development stage of Japan. Therefore, we believe with AEON’s experiences and know-how accumulated in Japan, we can apply and contribute to the development of Vietnam’s market. How does AEON evaluate the investment environment in Vietnam? Japanese businesses want to invest in Vietnam because of various attractive factors. Firstly, with fast population growth, especially in the … [Read more...] about Robust decision-making for rapid retail development