Lost

Earlier this month, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) downgraded Thailand’s economic outlook, with only 1.5-3.5 percent growth this year if the government fail to control the new wave of COVID-19 in three months. JSCCIB predicted that the country’s exports will expand by 3-5 percent this year, down from the previous estimate of 4-6 percent expansion, following the new outbreak./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15

Hanoi (VNS/VNA) - Experts are again issuing a warning to local enterprises to pay attention to intellectual property (IP) rights when doing business overseas.  According to Le Ninh Giang, director of the centre for IP technology and application (IPTA) said a lot of enterprises focused on forming businesses, calling for investment capital but not registering for any IP protection rights. He said it comes as no surprise when he discovers cases where companies lost their IP assets in foreign countries when trading. He said cases concerning Phu Quoc fish sauce, Vinataba cigarettes or Buon Ma Thuot cafe were good examples of just some companies who have fallen foul of foreign IP regulations. Giang said: “Many business owners still don’t know about IP registration and they are not yet aware of the importance of protecting IPs when exporting their products. “While multinational enterprises in the world have invested a lot of … [Read more...] about Firms warned over intellectual property

Some artists have reached agreements with the organizers. Nguyen Quoc Huy, painter of Dia Linh Nhan Kiet" (Sacred Lands and Extraordinary People), said he had received an apology and compensation, but refused to reveal details. His painting had been previously valued at $50,000. … [Read more...] about Artists demand compensation after Vietnam exhibition fiasco

Facing the same plight, Khanh Ngoc cuisine centre, which had provided 10,000 rations a day for semi-boarding schools and kindergartens in Thai Nguyen city, had to reduce its operations as these establishments were forced to close down due to the pandemic. More than 100 employees of the centre lost jobs. … [Read more...] about Firms benefit from lending interest rate reductions and exemptions

The 'death cliff' in Pai Lung Commune, Meo Vac District, Ha Giang Province is fenced off after a fall accident last week. Photo: H. Giang / Tuoi Tre The victim, 29-year-old Mai Thuy H. from Son La Province, is still being treated at a local hospital for multiple injuries, including a pelvis crack and several lesions on one of his legs. … [Read more...] about Vietnam puts brakes on ‘death cliff’ photo op after slip-and-fall accident