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Anil Wadhwani is a global financial services leader with more than 30 years of experience – predominantly in Asia – combining a strategic vision and execution in some of the world’s biggest companies. He has a wealth of experience as a customer-centric leader with a strong track record of creating and driving a culture of success. Wadhwani also has significant and proven digital experience, having driven the modernisation of tech platforms across 13 markets in Asia in his previous role. Prudential Plc. has named Anil Wadhwani as the new Group CEO Prior to that, he spent 25 years with Citi Group in Asia-Pacific, Europe, the Middle East, Africa, and the US in a number of financial services roles. Wadhwani was born in 1968, educated in Mumbai, and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong. He will take up the new role in February, subject to regulatory approval, and will be based in Hong Kong – where he currently … [Read more...] about Prudential Plc. names Anil Wadhwani as new Group CEO

The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus

Painter Nguyễn Thu Thủy with the ceramic mural 'Tình hữu nghị Việt Mỹ' (US-Việt Nam Friendship). Photos courtesy of Nguyễn Thu Thủy HÀ NỘI A ceramic mural, Tình hữu nghị Việt Mỹ (The Việt Nam- US Friendship), has been inaugurated at the new US-Việt Nam Co-operation Centre in Hà Nội. The mural (25m by 1.8m) is by painter Nguyễn Thu Thủy and her staff at the Tân Hà Nội Company. Thủy is an author of the mural Ceramic Road by Red River . The mural starts with the spectacular landscape of the Grand Canyon, a massive gorge located in the state of Arizona. “The rocky mountain complex can change colours magically according to sunlight and weather. Sometimes the whole mountain area turns red and pink, sometimes everything turns purple. That magical phenomenon of nature has inspired many artists to express themselves in their paintings,” said Thủy. She used colourful ceramic pieces to depict the changing colours of the Grand Canyon. The mural also shows … [Read more...] about Mural depicting VN, US’s friendship inaugurated

Increased fuel prices are wreaking havoc across the transportation industry in Vietnam as costs of once wallet-friendly alternatives, such as e-bikes, ride-hailing services, and budget airlines all steadily rise as a result. To combat the problem, the government is considering proposals to cut taxes on gasoline and oil, according to the National Assembly (NA). Ripple effect Nguyen Tri, sales manager for electric bike brand PG, explained that the increased price of e-bikes and e-scooters is due to the rising costs associated with transporting the bikes to sales outlets and distributors. According to Tri, PG had resisted raising rates at the beginning of the year despite spare part shortages and rising transport costs, but once fuel in Vietnam surpassed VND30,000 (US$1.28) per liter and transport operators hiked fees by 10 percent in March, the firm was left with no choice. “The increased prices of input materials, such as aluminum, steel, and electric wires have forced the … [Read more...] about E-bike buyers face serious sticker shock amid rising gasoline prices

US stocks rally again as China premier warns on Covid-hit economy, illustration photo source: freepik.com After a positive session in Europe, the S&P 500 finished Thursday's session up two percent, positioning the broad-based US index to potentially snap a seven-week losing streak depending on Friday's session. "The market was very oversold, and way overdue to bounce," Adam Sarhan of 50 Park Investment said shortly before the market closed. "And what's happening now, the market is bouncing pretty strong." Stock markets have taken a beating this year as central banks have begun to raise interest rates in order to curb the highest consumer price rises in decades. But US stocks pushed higher on Wednesday after investors took a positive view of the Federal Reserve minutes, which raised hopes that while the central bank would move aggressively to lift interest rates, it might be able to halt additional rate hikes as soon as this summer if inflation recedes. Wall Street kept … [Read more...] about US stocks rally again as China premier warns on Covid-hit economy

Many real estate brokers are joining training classes to get licences. — Photo from luatsu-vn.com The number of real estate brokers flocking to get licences to avoid punishment has skyrocketed. A recent decree stipulates that brokers found working without a licence will be fined up to VND60 million (US$2,600). Besides, they face fines of hundreds millions of dong if they provide wrong information about any product. After the regulation came into effect, thousands of brokers in HCM City and southern provinces have joined training courses, 10 times higher than a few months ago, vnexpress.net reported. The training covers the Housing Law, Land Law, Construction Law, Law of Real Estate Business, Civil Code Law and Commercial Law, ethics and basic knowledge about being a broker. Le Phuong Dong, head of the Viet Nam Association of Real Estate Brokers representative office in the Cuu Long (Mekong) Delta said the number of people sitting examinations to get the certificate in May … [Read more...] about Real estate brokers scramble to get licences to avoid big fines