Anil Wadhwani is a global financial services leader with more than 30 years of experience – predominantly in Asia – combining a strategic vision and execution in some of the world’s biggest companies. He has a wealth of experience as a customer-centric leader with a strong track record of creating and driving a culture of success. Wadhwani also has significant and proven digital experience, having driven the modernisation of tech platforms across 13 markets in Asia in his previous role. Prudential Plc. has named Anil Wadhwani as the new Group CEO Prior to that, he spent 25 years with Citi Group in Asia-Pacific, Europe, the Middle East, Africa, and the US in a number of financial services roles. Wadhwani was born in 1968, educated in Mumbai, and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong. He will take up the new role in February, subject to regulatory approval, and will be based in Hong Kong – where he currently … [Read more...] about Prudential Plc. names Anil Wadhwani as new Group CEO
New strategy board games
Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
Huge haul in new markets for Việt Nam’s tra fish exports
Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. VNA/VNS Photo Vũ Sinh HÀ NỘI — Demand for Việt Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Việt Nam Association of Seafood Exporters and Producers (VASEP). Tra fish exports are projected to surge by a whopping 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. Besides exporting to traditional markets such as the US and Europe, seafood exporters have expanded markets to take advantage of the new demand. Specifically, Việt Nam has targetted new fish markets in Mexico, Egypt and Thailand. VASEP expert Tạ Hà said that the Mexican market has the largest export value in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) … [Read more...] about Huge haul in new markets for Việt Nam’s tra fish exports
Huge haul in new markets for Viet Nam’s tra fish exports
Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion.— VNA/VNS Photo Vu Sinh Demand for Viet Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Viet Nam Association of Seafood Exporters and Producers (VASEP). Tra fish exports are projected to surge by a whopping 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. Besides exporting to traditional markets such as the US and Europe, seafood exporters have expanded markets to take advantage of the new demand. Specifically, Viet Nam has targetted new fish markets in Mexico, Egypt and Thailand. VASEP expert Ta Ha said that the Mexican market has the largest export value in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc. Tra fish … [Read more...] about Huge haul in new markets for Viet Nam’s tra fish exports
Na overcomes all challenges to win heptathlon gold
Love is in the air at sporting tournament Disabled fans show support for Games Passion and pride: see you next Games Finswimmers set new heights at Games Coaches play mind games ahead of football final Nguyễn Linh Na holds the flag high after claiming gold in the SEA Games. — VNA/VNS Photo Quốc Khánh Thanh Nga After 17 years of waiting, Nguyễn Linh Na has helped Vietnamese athletics claim their first SEA Games gold medal in the heptathlon. Attending the region's biggest sports event for the first time, Na caused an upset when she won the gold medal in the women's heptathlon with 5,415 points, breaking Vietnamese Nguyễn Thị Thu Cúc’s 17-year national record of 5,350 points in the process. This was also the first time since 2005 that Vietnamese athletics won gold in this category in the regional Games. Na's achievement is even more special as just two years ago, she intended to retire because of a necrosis injury. "I think playing one sport is … [Read more...] about Na overcomes all challenges to win heptathlon gold
MND focuses leadership on task performance
In May, the Standing Board of the Central Military Commission (CMC) and the Ministry of National Defense (MND) have led and directed the whole military to comprehensively, resolutely implement and complete military and defense missions. The whole military has strictly maintained combat readiness regulations, closely managed the air, sea, border areas, and mainland while actively advising the Party and State to handle situations in a timely and effective manner to avoid being put in a disadvantaged position and working closely with relevant forces to ensure social order and safety across the country, especially the fifth meeting of the 13th Party Central Committee, the third session of the 15th National Assembly, and the 31st Southeast Asian Games (SEA Games 31). Notably, at SEA Games 31, the military delegation participated in 21 out of 40 sports events, breaking three records, pocketing 26 gold, 15 silver, and eight bronze medals. Attentively, defense agencies and military units … [Read more...] about MND focuses leadership on task performance
Workers in need of affordable social housing
An affordable social housing zone in Định Hòa Ward, Thủ Dầu Một City, in the southern province of Bình Dương. VNA/VNS Photo Chí Tưởng BÌNH DƯƠNG — Nguyễn Thị Huệ Lan wants to buy an affordable social house, but she has been unable to access the market. Lan is from the southern province of Bình Phước but has lived and worked for many years in Thủ Dầu Một City, Bình Dương Province. After saving for a long time, Lan is looking to buy a social house this month as her long-time residence. But she has found that many of them already have owners and new projects are not yet ready. Hữu Phước, from Bến Tre Province though now in Bình Dương Province, said that he has recently moved into a new 30-sq.m social house, which he bought for VNĐ200 million (US$8,500). In order to buy the house, Phước had to sign up a year ago. Workers cannot buy houses without waiting as the demand for social houses was very high. All social houses are sold right after being built. Phước said … [Read more...] about Workers in need of affordable social housing
AFD, EU strengthen urban climate resilience in Vietnam
The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam
Green Tourism – An ideal way to spread Muong ethnic culture
That is the statement of Le Quoc Thinh, Director of Cuc Phuong Tourism Services Joint Stock Company (Vedana Resort) when introducing events aiming at promoting Cuc Phuong and Ninh Binh tourism after a long period of shutdown due to COVID-19. According to Chairman of Nho Quan district People’s Committee Hoang Khac Tiep, “Nho Quan is endowed with many historical relics and landmarks such as Van Trinh cave, Yen Quang lake, Dong Chuong lake, Cuc Phuong hot mineral water.” In particular, with the natural reserve area and new-stone-age cultural relics, Cuc Phuong National Park has received the title of Asia's leading national park for two consecutive years (2019, 2020) rated by World Travel Awards. It is worth mentioning that Nho Quan has nearly 30,000 ethnic people living in Muong villages. The strategy set by the district is to exploit existing indigenous cultural elements to combine with the trend of ecotourism, which is thriving in Ninh Binh province. Tourists have opportunities to … [Read more...] about Green Tourism – An ideal way to spread Muong ethnic culture
Asian markets track Wall St higher, tech fuels Hong Kong rally
Asian markets track Wall St higher, tech fuels Hong Kong rally- illustration photo source: freepik.com The positive mood put the region on course to end the week on a healthy note, and came after Federal Reserve minutes indicated the US central bank could take a breather in hiking interest rates if inflation shows signs of easing later in the year. Still, confidence on trading floors remains at a premium owing to a range of crises including soaring prices, tighter monetary policy, China's Covid-19 lockdowns and the war in Ukraine. Investors were in a buying mood Friday as Hong Kong jumped more than two percent, with market heavyweight Alibaba piling on more than 11 percent and search engine Baidu advancing 15 percent. The two firms posted better-than-expected sales growth in the January-March quarter, soothing fears about the impact of Covid and inflation on their bottom lines. Hong Kong's tech index jumped nearly three percent, with other giants also enjoying buying … [Read more...] about Asian markets track Wall St higher, tech fuels Hong Kong rally