Rice exports set to pick up in Q1 2019 Rice exports are predicted to thrive during the first quarter of 2019 as regular importers are giving positive signs, according to a Ministry of Agriculture and Rural Development source. Rice exports to regular importers such as the Philippines and Indonesia will soar in the first quarter of 2019 as both have recently been hit by natural disasters. The Agro Processing and Market Development Authority made the prediction at a press conference on January 22. The conference briefed expectations of farm produce exports during 2019, reported the news outlet Vietnam Economic Times. The authority stated rice exports to regular importers such as the Philippines and Indonesia will soar in the first quarter of 2019 as both have recently been hit by natural disasters. As many as 166 Filipino companies have made plans to import 1 million tons of rice, of which many have been ordered from Vietnam. This move came after the Philippines lifted its import … [Read more...] about BUSINESS NEWS IN BRIEF 26/1
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Deutsche Bank appoints new chief country officer for Vietnam Deutsche Bank has just announced the appointment of Hans-Dieter Holtzmann (49) as chief country officer and head of Global Transaction Banking (GTB) in Vietnam, effective from August 16, 2018. In his capacity as chief country officer, Holtzmann will report to Werner Steinmueller, member of the Management Board and APAC Head of Deutsche Bank, and in his GTB capacity, to Kaushik Shaparia, head of Global Subsidiary Coverage, GTB Foreign Exchange and Corporate Cash Management for Asia. Announcing the appointment, Steinmueller said, “We are pleased to have a colleague of Hans-Dieter’s caliber in this role. As one of our key markets in Southeast Asia, our Vietnamese franchise has shown profitable growth and we are excited about the country’s outlook. This is why last year we significantly increased our capital base in this market, providing the bank with more resources to support our clients’ … [Read more...] about BUSINESS NEWS IN BRIEF 20/8
Since using this modern payment application, my life has positively changed. As a person who was always cautious of managing money, I used to trusted in cash payment only. However I have changed my payment habit. It is now only with a cellphone, all of my ATM cards and membership cards are fully integrated with Samsung Pay, and above all others, it is still absolutely secured. Have you ever experienced the feeling of regretfully looking at your favorite items sold to somebody else, or how embarrassing it is when your money is not enough to pay for a coffee bill? Having gone through all of these, I shall share a tip to stay away from these troubles. The strong need of e-payment solution In the past, I only trust in things that I was sure of. Especially, I was very cautious of what I considered to be risky like crediting all my money to cards. It was partly due to my habits, and partly due to the obsession with the ATM card theft, I was not so interested in card payment. That was why … [Read more...] about How did my cash payment habits change?