Auto sales increase slightly after tax cutAuto sales in Jan down 68%By Nhan Tam - The Saigon Times DailyLam Van Nga, sales & marketing manager of Honda Auto Cong Hoa, an official agent of Honda Vietnam, said that as usual, auto sales in January were down. “This month is different,” Nga said, adding “we’ve sold 30-40 units in February.”Some auto dealers in the city said that people had been aware of the tax cut since late last year and waited until this time to purchase a car.Nga admitted that the tax cut had helped auto sales, but said “it is not enough to create a big increase as the world’s economic slump continues.”Nga said that last year the agent sold 900 units, including Civics and CR-Vs, but this year’s pace is only 75% of last year’s.A representative from the marketing office of Toyota East Saigon, an official agent of Toyota Motors Vietnam, said that the tax cut slightly brightens the picture of auto sales.Nguyen … [Read more...] about Auto sales increase slightly after tax cut
Managing director vs general manager
Dave Cote is feeling the beat. He takes a sip of Mountain Dew and bobs his head in time to the throbbing bass of Jay-Z's "Hard Knock Life." The CEO of Honeywell International, one of the world's largest industrial conglomerates, with $37.1 billion in sales, is wearing his usual work attire -- a beat-up leather bomber jacket, baggy jeans, and clunky work boots. Cote's office in the company's frozen-in-the-1960s headquarters in Morris County, N.J., is nothing fancy. Boston Red Sox jerseys adorn the walls, and a 210-gallon fish tank he inherited gurgles in the background. But for inspiration, he turns to his iTunes and hits SHUFFLE. "I've got 10,000 songs on my server," he says. "The music never stops!" Neither does Cote. While tunes like Billie Holiday's "God Bless the Child" and Neil Diamond's "Forever in Blue Jeans" play in the background, Cote leaps from his personal history to business insights as nimbly as the music changes genres. You can hear Cote's New Hampshire upbringing in his … [Read more...] about How Dave Cote got Honeywell’s groove back
The risk management division is no darling of securities companies. Many stock brokerage houses even do not set up this division if they are not pressed by State authorities or this unit is required by the law. Actually, none wants to pay money to keep a “policeman” to look through its business, according to a specialist. But, if there is no risk management division, is the company vehicle is always safe on a rough road with many potholes and obstacles? “Too risky”There is a special two-man unit in VS Securities Company, constituted by a manager and a subordinate. It is responsible for multiple tasks and professions. It is liable to directly approve capital sources for personal customers, while keeping tabs on risk management over financial institutions in any stage where risks may arise like placing orders, transferring money and signing contracts. Many brokers have conflict with risk management staff because they have lost many customers who prefer … [Read more...] about Which Standards for Risk Management on Vietnam Stock Market?
Google launched an online payment platform for digital newspapers and magazines on Wednesday, as a subscription service unveiled by Apple a day earlier came under fire for the size of the bite it takes from publishers. This January 2011 screen image shows the Google logo in Washington, DC. Google will take a 10-percent share of revenue from transactions handled by "Google One Pass," less than the 30 percent charged by Apple for subscriptions to applications sold through the App Store for the iPhone, iPod Touch and iPad.The iPad currently dominates the tablet computer market but a number of companies are developing tablets running Google\'s Android software and the technology giants are also fierce rivals on the smartphone platform front.The dueling online subscription services are aimed at attracting content producers to their respective mobile devices and come as struggling newspapers and magazines seek to boost revenue … [Read more...] about Google unveils payment platform for online content
HCM CITY (Biz Hub) — Despite recent boom of airfreight, Viet Nam hasn't been able to set up the completed logistics chain to take advantage the boom, delegates heard at the 2nd International Conference and Exhibition for Airfreight Logistics Viet Nam2015, which opened yesterday in HCM City."Viet Nam is considered as the third country in the world, which have fastest growth of airfreight," Vu Huy Cuong, deputy general director of Viet Nam Civil Aviation Authority opened the conference."However, our achievements were separated efforts of different sectors, there were no link and not a completed logistics chain with weakness in human resource and technology application," he added.At present, 50 airlines from 25 nations and territories have been operating in Viet Namand during 2001- 2014, airfreight in Viet Nam has reached an annual growth of 14.5 per cent for passenger and 15.3 per cent for cargo."Developing a completed logistics chain is a must work and the conference aims to learn … [Read more...] about A completed airfreight logistics chain is necessary for Viet Nam to develop
She sells sea shells: Locals buy seafood at Cu Lao Cham market. — VNS Photo Hoang Nam An overview: Tan Hiep island commune on Cu Lao Cham Island, in the central province of Quang Nam. — VNA/VNS Photo Tran Le Lam Falling for the day: Sunset at Huong village, Cu Lao Cham. — VNS Photo Hoang Nam No exploitation, no nylon bags, no rubbish, only sustainable development, that … [Read more...] about Nature vs nurture, the Cham dilemma