Market developments (#4 with 19%) also climbs up the global rankings of the Allianz Risk Barometer 2021, reflecting the risk of rising insolvency rates following the pandemic. According to Euler Hermes, the bulk of insolvencies will come in 2021. The trade credit insurer's global insolvency index is expected to hit a record high for bankruptcies, up 35% by the end of 2021, with top increases expected in the US, Brazil, China and core European countries. Further, Covid-19 will likely spark a period of innovation and market disruption, accelerating the adoption of technology, hastening the demise of incumbents and traditional sectors and giving rise to new competitors. Other risers include Macroeconomic developments (#8 with 13%) and Political risks and violence (#10 with 11%) which are, in large part, a consequence of the coronavirus outbreak, too. Fallers in this year's global rankings include Changes in legislation and regulation (#5 with 19%), Natural catastrophes (#6 with 17%), … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Tu vi 2017 nam mang
PM welcomes Australian firms to Vietnam
The forum is organised by the Australian Trade and Investment Commission, in collaboration with the Ministry of Planning and Investment of Việt Nam, focusing on policy dialogue, legal policies in the fields of investment, trade and finance, as well as business networking among participants. — VNS … [Read more...] about PM welcomes Australian firms to Vietnam
SCIC pours up to US$345.6 million in Vietnam Airlines
In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the carrier’s business plan since there is no indication of when the pandemic will be over and international flights can resume. … [Read more...] about SCIC pours up to US$345.6 million in Vietnam Airlines
Solar power booms in the south
Solar panels are installed on the roof of a hotel in the Mekong Delta city of Can Tho – PHOTO: TRUNG CHANH CAN THO – After several years of development, the total capacity of rooftop solar power in southern Vietnam has far surpassed the capacity of the Hoa Binh Hydropower Plant, which was once the largest of its kind in Southeast Asia, according to Doan Duc Hung, deputy general director of Vietnam Electricity's Southern Power Corporation. … [Read more...] about Solar power booms in the south
BUSINESS NEWS JANUARY 19
The country’s rice export is likely to grow further in the first quarter of this year since the ongoing COVID-19 pandemic has led to increasing food demand in a number of Vietnam’s major markets in Southeast Asia and Africa which have placed more orders for Vietnamese rice, according to Nguyen Quynh Nga from the Vietnam Institute of Industrial and Trade Policy (VIOIT). … [Read more...] about BUSINESS NEWS JANUARY 19