Digital healthcare companies

Throughout Terry Fox Run 2019, Manulife aims to promote the message of health and wellness to everyone Held on Sunday November 17, the annual charity run has been a regular fixture on the corporate calendar and this year’s event held extra significance for Manulife. As the company continues on its journey to motivate even more Vietnamese to think about their health, the run is seen as a great chance to also celebrate the joy of moving. Kim Fleming, CEO of Manulife Vietnam “Each year Manulife comes together as a family to participate in the Terry Fox Run and we are thrilled to once again have one of the biggest teams at this charity run,” said Kim Fleming, CEO of Manulife Vietnam. “This is a great example of a family-friendly event that encourages active living and we are proud of our ongoing relationship with Terry Fox Run.” Over the years, Manulife has been a powerful force in building stronger, healthier communities in Vietnam, while also … [Read more...] about Manulife spurs healthy and active living at the 2019 Terry Fox Run

More bank M&As expected in 2012, says HSBC expert  The figure for Singaporean investors increased by more than three times compared to last year's level, which stood at US$23 million, and is an all-time high for Singaporean investors here.  According to London-based financial data provider Mergermarket, since August 2007, Singaporean companies have invested around US$203 million in the Vietnamese market and carried out more than ten M&A deals.  These M&As were mostly in the chemical and biotechnology industries, while the construction, consumer goods, transport and financial sectors also saw deals.  Worthy of note  was the acquisition of Fortis Healthcare International for a 65 percent stake in Hoan My Medical Corporation at US$64 million in August last year. The company's name was then changed to Fortis Hoan My Group.  While Singaporean firms were increasingly expanding M&As in Vietnam, Japanese investors still dominated with eight deals … [Read more...] about Singaporean firms eye M&A opportunities in Vietnam

MoIT concerned over potential electricity shortages Minister of Industry and Trade Tran Tuan Anh sounded the alarm about the high risk of power shortages at a meeting earlier this week. In a report sent to the Government and the National Assembly, the Ministry of Industry and Trade (MoIT) said extreme weather conditions have left many hydropower plants without enough water to produce electricity. The MoIT plans to import 20 million tonnes of coal in 2020 and 35 million tonnes in 2035. It also added the local supply of gas was not enough to generate electricity for projects in the southeast and the southwest of the country. There are more than 10 projects in the area accounting for 16 percent of total capacity in Viet Nam. MoIT said demand for liquefied natural gas (LNG) will continue to be strong, outpacing domestic production by 2020 requiring the country to import around one million cubic metres a year. Phung Van Sy, general manager of the ministry’s oil and gas division, said … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 20

There remain problems concerning human resources and Vietnamese businesses should focus on what Japanese experts have addressed.  JICA expert Toda Chosaku, former CEO of US Market Director of the Panasonic Group.  Improving human resources must be regarded crucial for the operation of Vietnamese companies, enabling them to raise their capabilities amid fierce competition, specialists from the Japan International Cooperation Agency (JICA) have said. Human quality must be the most important factor for a business and corporate governance, JICA expert Toda Chosaku, lecturer of Keieijuku program, former CEO of US Market Director of the Panasonic Group, said in an interview on the occasion of the 10th anniversary of Keieijuku Vietnam held in Hanoi last weekend. Keieijuku course is a Japanese-style training program for businesspeople provided by the Vietnam – Japan Institute for Human Resources Development (VJCC) backed by JICA following an agreement signed between … [Read more...] about Improving human resources – top factor for Vietnam’s growth: JICA specialists

At the meeting with South Sudan's Defense Minister Koul Mangyang, Senior Lieutenant General Tran Quang Phuong, Deputy Chief of the General Department of Politics, who led the Vietnamese delegation, reported that Vietnam has sent its troops to the UNMISS, including its level-two field hospitals. In the coming time, Vietnam will send its engineer company to the UNMISS, contributing to building infrastructure and fixing bridges and roads in South Sudan. Senior Lieutenant General Tran Quang Phuong meets with South Sudan's Defense Minister Koul Mangyang He hoped that the Ministry of Defense and relevant agencies of South Sudan would provide favorable conditions for the L2FH Rotation 2 of Vietnam to soon settle down and continue duties being undertaking by L2FH Rotation 1 in Bentiu. He also asked the South Sudan minister to support other Vietnamese peacekeeping forces while they are on duties in the country. The host expressed his delight at receiving the Vietnamese … [Read more...] about Vietnamese peacekeepers highly appreciated by South Sudan