Best Western Hotels & Resorts will migrate all of its business-critical applications to AWS, including its hotel reservation system, customer reward platform, and global contact centres, with plans to complete the migration of these applications from its existing data centres by the end of 2020. Best Western is leveraging the breadth and depth of AWS services, including analytics, machine learning, database, computing, and storage, as well as the expertise of AWS Professional Services, to accelerate the pace of innovation and improve operational efficiency for its member-owners that independently own and operate its hotel properties. As part of its move to the cloud, Best Western Hotels & Resorts is migrating its hotel reservation systems off legacy databases to Amazon Aurora (for its primary database needs) and Amazon Redshift (for data warehousing) to increase capacity and enable the faster processing of hotel reservations around the world, enabling the company to scale … [Read more...] about Best Western Hotels & Resorts goes all-in on AWS
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Thai groups have invested in many business fields in Vietnam, from goods production to retail. The takeover of Sabeco, the brewer, and Binh Minh Plastics are two of the recent biggest deals made by Thai investors. Sabeco brings big money to Thai billionaire A report released on September 30 showed that Thaibev is holding 53.58 percent of Sabeco’s shares. Sabeco became the major driving force for Thaibev’s growth in the fiscal year commencing in October 2018 and ending in September 2019. The Thai group reported sharp growth rates in revenue (16 percent) and profit (33 percent). Sabeco’s sales increased by 44 percent, making an important contribution to Thaibev’s business performance. If not counting Sabeco’s achievements, the international beer sales will decrease compared with the same period last year because of weakening activities in ASEAN. Binh Minh Plastics prospers Kim Chi Heineken sells 5.2 million Sabeco's stocks Heineken is … [Read more...] about How do enterprises perform after they are bought by Thai firms?
“We think that in 2020-2022, Vietnam may face negative impact from the trade war instead of short-term positive impact, ” said Tran Toan Thang from the Centre for Socio-Economic Information and Forecast (NCIF). Vietnam's 2016-2020 socio-economic development plan has gained impressive achievements despite difficulties. The economic structure has shifted too quickly into the service sector while the industrial base remains weak, supporting industries have developed slowly and enterprises mostly still do outsourcing. The economic structure has shifted too quickly into the service sector while the industrial base remains weak, supporting industries have developed slowly and enterprises mostly still do outsourcing. Thanh Mai Vietnam’s economy stays positive amid global growth slowdown: PM Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc … [Read more...] about Vietnam may see negative impact from trade war in 2020: economists
The conference, held in Vung Tau City on November 29, attracted the participation of many trade representatives and foreign trade promotion organizations in Vietnam. The event was organized by the Department of Trade Promotion (Ministry of Industry and Trade) in collaboration with Department of Industry and Trade of Ba Ria-Vung Tau Province. Attending the conference were Do Thang Hai, Deputy Minister of Industry and Trade, Nguyen Thanh Long, Member of the Provincial Standing Committee, Acting Chairman of the Provincial People's Committee, and more than 100 delegates representing the Embassy and Consulate General offices, foreign trade and diplomatic agencies in Vietnam, departments, branches and enterprises of the southern provinces and enterprises in Ba Ria-Vung Tau. The conference aimed to introduce potentials, mechanisms and preferential policies for attracting investment to Ba Ria-Vung Tau and to promoting trade and investment home and abroad. It was also an important event for the … [Read more...] about Ba Ria-Vung Tau conference promotes regional and international trade potentials
Việt Nam female team celebrate their SEA Games’ title last night. — Photo baoquocte.vn SEA Games HÀ NỘI — As well as shiny gold medals around their necks, Việt Nam’s triumphant women’s football team will also be in the money! After winning the SEA Games on Sunday following a 1-0 victory over Thailand, Nguyễn Ngọc Thiện, Minister of Culture, Sports and Tourism; the Việt Nam Football Federation (VFF); Hưng Thịnh Group; Director Lê Văn Kiểm of Long Thanh Golf Development Company awarded the team VNĐ1 billion ($43,500) each. Phạm Thanh Hùng, head of women's football department of the VFF gave the team VNĐ1.5 billion ($65,200). The team also received prizes from other individuals and enterprises such as Cửu Long Pharmaceutical Joint Stock Company, Bảo Hưng Company, Việt Nam … [Read more...] about Việt Nam female team awarded big for SEA Games’ title