It slipped one place despite improving its overall score from 68.36 points last year to 69.8 this year, according to the World Bank's Ease of Doing Business 2020 report released Thursday. The report ranks 190 economies around the world based on 10 criteria: starting a business; dealing with construction permits; getting electricity; registering property; getting credit; protecting minority investors; paying taxes; trading across borders; enforcing contracts; and resolving insolvency. This year, Vietnam fared better than several Southeast Asian peers like Indonesia (73rd), the Philippines (95th), Cambodia (144th), Laos (154th) and Myanmar (165th). In Southeast Asia, Vietnam was ranked fifth after Singapore (2nd), Malaysia (12th), Thaialnd (21st) and Brunei (66th). Vietnam has been striving to improve its business environment in recent years. The most significant improvement was made in paying taxes, which jumped 22 places from last year to 109th this year thanks to upgrading the … [Read more...] about Vietnam slips one place in ease of doing business ranking
Tbm technology business management
The HCMC Appellate Court Thursday rejected appeals by both Dang Le Nguyen Vu, 48, founder, chairman and CEO of the Trung Nguyen Group, and his ex-wife Le Hoang Diep Thao, 46, against the verdict issued in March by the court of first instance. The court finalized the divorce between Vu and Thao as well as the ruling that Thao will raise the four children the couple have had together with the father providing VND10 billion ($432,000) a year starting from 2013 until they graduate from college. Vu will receive all of his and Thao’s stocks in Trung Nguyen Group, estimated at over VND5.7 trillion ($246.5 million), the court ruled, again sticking to the first-instance decision, and allowed Vu sole management rights over the Trung Nguyen coffee empire. Vu will also receive 6 properties worth VND350 billion ($15.14 million) that are jointly owned by the couple. Thao will receive cash and cash equivalents, gold and foreign currency belonging to the Trung Nguyen group that have been … [Read more...] about Appeals court upholds Coffee King’s right to manage Trung Nguyen group
More than 71 percent of Vietnamese women are actively involved in the labor market, with the ratio of women with university degrees being 5 percentage points higher than men, according to data released at the recent Vietnam Business Forum. Women account for 48 percent of the workforce in Vietnam. A McKinsey study has found that women play an equal role in the labor market, and will help global GDP increase by $28 trillion by 2025. However, like in many other countries, they are paid less than men in Vietnam, with an estimate putting their wages at 12 percent lower than their male counterparts. These data highlighted the fact that Vietnam is yet to achieve gender parity in the market place. Studies have found that gender inequality is counterproductive for businesses. In fact, promoting gender equality in the workplace will fetch Vietnamese businesses improve their performance and brand awareness, attract talent and become more competitive, experts say. At a workshop on … [Read more...] about Gender equality good for business, Vietnamese firms told
They include the Hanoi University of Science and Technology (HUST) in the 301-400 group, the Hanoi branch of the Vietnam National University (401-500) and its Ho Chi Minh City branch (601-800) in engineering and technology. The annual rankings by THE, a British provider of higher education data, list Times Higher Education (THE), a 1,008 universities around the world. Vietnam's three universities ranked in Engineering and Technology by Times Higher Education (THE). In the computer science category, HUST and the Vietnam National University-Ho Chi Minh City are ranked 601+ out of 759 universities. In September, the three schools were also the first in Vietnam to enter the general Times Higher Education World University Rankings. HUST and the Vietnam National University-Hanoi were in the 801-1000 group while the Ho Chi Minh City branch of Vietnam National University was placed in the 1001+ group. The THE 2020 world university rankings are based on 13 indicators across … [Read more...] about Vietnam university makes world top 400 in engineering and technology
Duc Hoang The most potent weapon of a consumer is to stop consuming. How do we then answer the question: "If we don't use their water, who else will provide it to us?" My family was among those troubled recently over the fact that our son's school was located just one kilometer from the burnt Rang Dong light bulb warehouse (that leaked 15-27 kilos of mercury into the air). Now we've got a new one: polluted tap water and the difficulty in getting bottled water. Since my family and I are not the only ones severely affected by this, since there are millions of us, one would expect the company responsible for the crisis to be hit hard by it too. However, the stocks of Song Da Water Investment Joint Stock Company (code: VCW) on the Unlisted Public Company Market (UPCoM) still went up on Tuesday. There was no chain reaction following a public crisis like what one would see in a movie, where a negative news about a company spreads and causes its stock to spiral … [Read more...] about How can Vietnamese people manage a water supply monopoly?