The carriers' reputation is in a weak position in these talks: they've spent $39 billion over the last five years pampering their shareholders, S&P Dow Jones Indices calculated, rather than preparing for a crisis like the one that now jeopardises their survival. … [Read more...] about Trump says airline rescue plan coming soon
Consumer goods industry
So, will this put the industry's rapid expansion in recent years into reverse? The sector certainly has one major problem that means it is likely to suffer more than other parts of the tourism and travel industries such as the airline sector - it has few friends in high places. … [Read more...] about Will we ever take cruise holidays again?
Quang Nam (VNA) - The central province of Quang Nam expects to welcome more FDI projects promoting green growth, according to Chairman of the provincial People’s Committee Le Tri Thanh. He expressed his appreciation of all FDI projects in the province that have significantly contributed to local socio-economic development. He cited the fact that FDI firms have contributed about 89.34 million USD to the provincial budget, exported 751.24 million USD worth of goods, and employed over 55,000 local workers. The province plans to pursue green growth in the long term, he went on, so it is giving priority to investment in three industries - manufacturing and processing, electronics and telecommunications, and renewable energy - and will ensure the most suitable conditions possible are provided to investors. The province also hopes to attract large-scale projects producing highly-competitive goods and forming part of global supply chains. It also welcomes projects in support … [Read more...] about Quang Nam prioritises green FDI projects
Despite achieving initial success, experts believe that the country has yet to take full advantage of the opportunities brought about by the CPTPP, noting that the agree would operate in the same manner as the proposed Trans-Pacific Partnership Agreement which involved the participation of the United States. … [Read more...] about CPTPP presents challenges and opportunities for local firms
According to many enterprises, more importantly, authorities must have a post-inspection policy to ensure that relief packages reach the right people. Ms. Ly Kim Chi, Chairwoman of the Food and Foodstuffs Association of Ho Chi Minh City, emphasized that implementing quickly the support packages will help enterprises to add their capital to increase their capacity in stockpiling raw materials and finished products, contributing to production stabilization in the long term, at least until the end of this year. … [Read more...] about Enterprises wait for aid packages