The concept of risk is not strange to businesses in particular and those who do business in general. “Doing businesses is taking the risk” became a popular saying of the business people, whether they are owners of large or small businesses. Although business has to face with risk every day and every hour but risk … Read more
There is a trend that foreign corporations entering Vietnam market as they see the potentials of this rising economy. Japan’s Idemitsu Kosan Group has received an investment license to open a joint venture with a unit of Kuwait to build a petrol distribution system in Vietnam. This corporation will contribute 50% capital to Idemitsu Petroleum … Read more
Recently, not only large quantities of frozen beef are imported to Vietnam but also live cows are increasingly imported including non-quota and quota ways. Imported cows were recorded at most from the Australian market. In 2012, there are about 3,500 cows, then rise to 70,000 cows in 2013 and 170,000 cows in 2014. This year, … Read more
Vietnam ranked 21st in the economic ranking, but ranked 5th when talking about the saving ability of foreign experts. According to the survey from HSBC. Most of foreign experts believe that Vietnam had a more comfortable life with less spending on housing costs (62%), travel (73%), clothing (68%), goods and necessities (62%), essential services like … Read more
France’s leading retail group – Auchan – on November 3rd has officially signed a strategic cooperation agreement with Military Petrochemical JSC (MIPEC). Together, Auchan has signed lease contract with Long Bien Commercial Center, which was invested by MIPEC to implement retail supermarket chains named “Simply Mart” in the northern market. This event has marked a … Read more