World economic forum annual meeting

About 6,350 companies were established in the city in this year’s first quarter with total registered capital of VND103 trillion ($4.4 billion), 1 per cent higher in term of quantity and 98 per cent higher in term of capital value compared with last year’s first quarter. … [Read more...] about Ha Noi’s economic growth might fall to 5.35% this year due to COVID-19

At the meeting, director of the city’s Planning and Investment Department Nguyễn Mạnh Quyền said the city maintained positive economic growth in the first quarter – 3.72 per cent in gross regional domestic product (GRDP). The rate in the same period last year was 6.95 per cent. … [Read more...] about Hà Nội’s economic growth might fall to 5.35% this year due to COVID-19

Bangkok (VNA) – Thailand’s biggest drinks company Thai Beverage (ThaiBev) will allocate 7 billion THB (about 230 million USD) next year to renovate 25-year-old breweries and increase sales from all beverages in populous ASEAN countries in the next six years. Bangkok Post newspaper quoted Thai Beverage’s president and chief executive Thapana Sirivadhanabhakdi as saying that three breweries located in Kamphaeng Phet and in Ayutthaya are due for a major renovation after brewing for 25 years. Some of the investment budget in 2020 will be for Sabeco, the brewer of Saigon beer in Vietnam that the company acquired in 2017, to reduce debt and financial costs, he said. Sabeco is Vietnam’s leading beer by volume with a market share of 40 percent. In the first nine months, 4.4 billion litres of Sabeco was sold in Vietnam, one of the largest beer-consuming countries in the region. Thapana said Cambodia is another country that drinks mainly beer. The company is exploring … [Read more...] about Thailand’s biggest drinks company strives to become ASEAN market leader

At present, according to Hai, he has passed down over 70 per cent of the group’s activities to his children and works now as an advisor, backing the two in managing the business. After years of ups and downs, both Nhat and My play a key role in the group’s impressive business activities and have gained a lot of achievements that help them to create a new fruitful face for Alphanam’s family business. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 6

The PM asked relevant ministries and agencies, especially the Ministry of Planning and Investment, and the Ministry of Labour, Invalids and Social Welfare, to gather opinions and finalise a draft decree on implementation of the policy for submission to authorized bodies. … [Read more...] about Govt’ okays VND61 trillion package for COVID-19 affected people