Minister of Industry and Trade Tran Tuan Anh Many local enterprises have learned about trade remedies and efficient use of those tools during implementing trading activities at home. Minister of Industry and Trade Tran Tuan Anh told Vietnam News Agency about this issue as well outlining solutions to ensure the best interests for the local businesses in dealing with trade remedies on export markets or using those tools on local market. What does it mean for local businesses when Viet Nam opens its market and must compete with many products from other countries, especially when joining new generation of free trade agreements such as CPTPP and Viet Nam-EU FTA? Viet Nam has integrated further in the global economy, taking part in the World Trade Organisation (WTO) and 16 free trade agreements (FTAs), especially FTAs with high liberalisation levels like the ASEAN Economic Community (AEC), the Comprehensive Partnership and Trans-Pacific Partnership (CPTPP) and the Viet Nam-EU FTA … [Read more...] about Local firms need to study trade remedies for suitable business strategies
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Novaland builds hallmark with strategy to standardize resources Saturday, Oct 13, 2018,17:02 (GMT+7) Novaland builds hallmark with strategy to standardize resources <table align="left" cellpadding="0" cellspacing="0" class="sgtoimageleft" style="margin-bottom:8px" width="100%"> <tbody> <tr> <td align="center"> <img alt="" class="sgtoimageleft" rel="POPUP,650,433" src="/Uploads/Articles/63390/fbf85_novaland1.jpg" style="WIDTH: 650px" /></td> </tr> <tr> <td class="sgtoimageleft"> An artist’s impression of the panoramic view of the Grand Manhattan project – the newest project of Novaland</td> </tr> </tbody> </table> <p align="left" class="SGTOSummary"> Property developer Novaland has launched its new project in the high-end segment - a complex of service and commercial properties and residential apartments called The Grand Manhattan in District … [Read more...] about Novaland builds hallmark with strategy to standardize resources
ThaiBev’s takeover of Sabeco was named the Best M&A Deal of the year and the decade, Photo: Le Toan Award winners have been chosen from a pool of prominent nominees. Evaluation and selection of the nominees was completed by an independent judging panel. The contenders were then divided into different categories including the Best M&A Deals, Companies with The Best Information Disclosure, and the Best M&A Advisory Firms. In celebration of its 10-year milestone, the forum also unveiled the Top 10 M&A Deals of the Decade from the list of the 100 biggest M&A deals, the Top 10 Companies with the Best M&A Strategy, as well as the Best Advisory Firms of the Decade. Best in Vietnamese M&A honoured at M&A Forum KIDO Group has undertaken extensive M&A activities Masan was recognised for its M&A strategy Stephane Gripon - CEO, Mondelez Kinh Do We are proud of receiving the award for the Best M&A Deal of the … [Read more...] about Best in Vietnamese M&A honoured at M&A Forum
Le Thanh Trung, deputy general director of HDBank, receives the award for being the “Company with the best M&A Strategy of the Decade (2009-18) at the Viet Nam M&A Forum this week. – Photo Courtesy of HDBank. The HCM City Development Joint Stock Commercial Bank won two awards at the Viet Nam M&A Forum for being the “Company with the best Mergers and Acquisitions (M&A) Strategy of the Decade (2009-18) and making the “Outstanding IPO in 2017-18” in HCM City on August 8. It was the only bank among the nominees for the best M&A strategy of the decade. The jury hailed HDBank’s two eye-popping M&A deals in 2013: its acquisition of DaiABank and Société Générale Viet Finance, a French consumer finance company now renamed HD Saison Finance Co., Ltd. The two deals also came in for praise from financial and banking experts for their both deployment methods and strong growth potential post-merger. After the merger the … [Read more...] about HDBank walks away with best MA strategy of the decade award
Companies in Vietnam have experienced fierce competition over the last few years, both qualitative and quantitative. Many have been forced to close down while others are still in business but struggling to move forward. The question is how to make a brand not only sustainable but also grow in value in the context of fierce global competition and rapid digitalization. There are many approaches to answering this question. Here I note the three key driving forces for brands: digital transformation, globalization, and brand leadership. In my observation, these forces help grow a company’s brand value if implemented successfully. Customer-centric digital transformation Unlike in the past, customers now have many brand choices for a particular product in Vietnam. Let’s take bakery goods for example. Customers would have previously mentioned Kinh Do in the south or Hai Ha in the north, but today they may name a long list of bakery brands: Top Cake, Tous Les Jours, ABC, … [Read more...] about How best to maintain brand value?