Industrial parks

As announced early this month by Yoshihisa Maruta, president of Toyota Motor Vietnam, the Vietnamese unit of the world’s largest carmaker is mulling over putting an end to production and switching to imports in order to enjoy the preferential tax treatment an ASEAN trade pact will offer in the next three years. … [Read more...] about Vietnam automobile industry faces collapse after Toyota announcement about possible production end

For the claim payment side, we see that those who test positive for the virus can require a very long-term, costly intensive care. Insurance contracts are paying a lot of benefits to cover these costs for customers. We tend to look at the revenue but not at how much benefits have been paid to help customers. After all, paying benefits is the most important job of the insurance contract. … [Read more...] about New mindset needed for insurance industry

The developers of power projects are running against time to put their plants into operation prior to November 2021 to be able to enjoy the FIT (feed in tariff) mechanism stipulated in the Decision 39 dated September 10, 2018. It takes only six months to build a solar power plant, but it takes two or three years to build a transmission line.  … [Read more...] about Solar, wind power projects to exceed transmission capacity

Over the years, tourism has become Hanoi’s spearhead economic sector, with revenue growing by an average of 12.1%. Last year, the city welcomed over 7 million foreign tourists and was included among the top 10 destinations for travelers around the world. … [Read more...] about Hanoi’s economic growth set to reach 3.94% this year

The Vietnam National Brand Programme from 2020 to 2030 was approved by Prime Minister Nguyen Xuân Phuc in 2019. The overall goal is to build an image of Vietnam as a prestigious country in terms of high-quality goods and services, increase the pride and attractiveness of the country and people of Vietnam, contribute to promoting foreign trade development and improving national competitiveness. … [Read more...] about Da Lat tourism honoured as the national brand in 2020