Vietnam deals 2017

Ho Viet Anh, CEO of OSAM Cloud Innovator and Community Hero of US technology giant Amazon Web Services Inc What aroused your interest in technology and Amazon Web Services (AWS)? How can you engage local startups and the business community in technology disruption? I first approached technology when I was waiting to go abroad for a scholarship training course. Having indulged myself with technology, I decided to take a certification exam and be certified as an AWS’ Solutions Architect. I then decided to quit the scholarship and devoted my time to technology. … [Read more...] about OSAM brings AWS disruptive technologies to benefit Vietnamese firms

Hanoi (VNA) - Deputy Prime Minister Vu Duc Dam has ordered ministries and relevant agencies to take drastic measures to prevent acute pneumonia, caused by a novel coronavirus (nCoV), from spreading into Vietnam. In a document issued by the Government Office on January 16, Deputy PM Dam told the agencies to closely monitor the development of the disease in China and strengthen medical quarantine at border gates, airports and seaports. The Deputy PM assigned the Ministry of Health to urgently issue an action plan to respond to the disease following current regulations and recommendations of the World Health Organisation (WHO). The ministry had to ensure sufficient facilities and medical materials, as well as make sure staff is properly trained, he added. The Ministry of Information and Communications was required to cooperate with the Ministry of Health to provide timely and accurate information on the disease’s developments. According to the WHO, cases of acute pneumonia … [Read more...] about Measures needed to prevent acute pneumonia spread into Vietnam

Hanoi (VNA) - The Asian Development Bank (ADB) and the provincial People’s Committees of Ha Giang, Vinh Phuc and Thua Thien-Hue on July 6 signed project agreements totaling 223.87 million USD for the Secondary Green Cities Development Project. The project will support environmentally sustainable and inclusive development in the provincial capital cities of Ha Giang, Vinh Yen and Hue to enhance their economic competitiveness, according to a news release issued by the ADB on the same day. “The ADB will help the cities of Ha Giang, Vinh Yen and Hue integrate green features into their urban infrastructure, such an energy efficient street lighting and nature-based embankments,” said Eric Sidgwick, ADB Country Director for Vietnam. “Building on ADB’s support in preparing Green City Action Plans for the three cities, this project will demonstrate how the right mix of integrated urban planning and blended financing can improve livability, resilience and … [Read more...] about ADB helps Vietnam develop green, resilient cities

Berlin (VNA) – Foreign investors, especially those from the European Union (EU) would find it more appealing to land investment in Vietnam when the EU- Vietnam Free Trade Agreement (EVFTA) takes effect, according to German broadcaster Deutsche Welle (DW). In a story posted on its website, DW said the trade agreement would be the most ambitious the EU has ever negotiated with a developing country, which abolishes 99 percent of customs duties, eliminates bureaucratic hurdles by aligning standards for goods like cars and medicine, and ensures easier market access for both European and Vietnamese companies. On January 21, the EU Parliament’s International Trade Committee (INTA) will present a draft resolution of the EVFTA. If the European Parliament accepts the resolution during its plenary session in February, the EVFTA will come into force one month later. The trade deal is a positive step for the economies of both Vietnam and the EU, DW quoted Vietnamese Ambassador to … [Read more...] about EVFTA makes Vietnam more attractive to EU investors: German media

Sources said that Masan Group, for example, is taking final steps to take over GreenFeed. The animal manufacturer is valued at US$500 million, a much higher price than US$164 million in 2012. GreenFeed is a domestic enterprise which has four animal feed factories with the total capacity of 500,000 tonnes and a closed network of pig farms from the north to the south.  If Masan Group successfully takes over Greed Feed as rumored, the animal feed market, worth US$8 billion a year, will see big changes. In April 2015, in an unexpected move, Masan announced it had taken over two leading animal feed manufacturing enterprises – Proconco and Anco, where it holds 52% and 70% of stake, respectively. Proconco and Anco can churn out 1.7 million tonnes of animal feed a year, output just lower than CP Vietnam’s.  However, if Masan takes over GreenFeed, it would be able to put out 2.2 million tonnes. By that time, it would be on the same par with CP Vietnam, the largest … [Read more...] about Big M&A deals remap animal feed market