Vinalines Logistics has set a goal of 10 per cent profit rise in 2019. - Photo vinalines.com.vnViet Nam News HÀ NỘI — Vinalines Logistics Vietnam Joint Stock Company (Vinalines Logistics) has set a goal of at least 10 per cent profit growth in 2019. … [Read more...] about Vinalines Logistics aims for profit growth
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The program is expected to benefit 892,000 rice farmers who have registered with the Thailand Ministry of Agriculture and Cooperatives. The aim of the program is to ensure that the rice price brings reasonable profits to farmers despite price fluctuations. … [Read more...] about Thai policy on rice subsidy is double-edged sword for Vietnam
When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
Hanoi (VNA) – Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said. In an interview with Dau tu (Vietnam Investment Review) newspaper, Duong Manh Hung, Director of the System of National Accounts Department under the General Statistics Office (GSO), said the COVID-19 outbreak has been causing considerable and unprecedented impacts on economic activities, travel and lives among people around the world. As an open country with an integrated economy, Vietnam has also been under great pressure. Aside from the pandemic, the country has also been affected by adverse weather conditions, along with early and serious saltwater intrusion, which have strongly impacted crops. Meanwhile, animal farming still faces African swine fever which is not yet under full control and avian influenza which has appeared in many localities, Hung said. He added the increased fines … [Read more...] about GDP growth of 3.82 percent in Q1 is a miracle: official
With regards to urban renewal, Kaisa achieved great progress in converting urban renewal projects into land supply during the Year, including 6 projects in Shenzhen, 1 project in Shanghai and 1 project in Huizhou into the Group's land bank. Urban renewal has become an important means of the Group to secure quality land resources in the first-tier and major second-tier cities. In appreciation of Kaisa's efforts and contributions in the urban renewal sector over the years, the Group was granted "1st of TOP 10 Leading Brands of Chinese Comprehensive Real Estate Companies -- Urban Renewal" by the Development Research Center of the State Council, Real Estate Research Institute of Tsinghua University and China Index Academy. The award is also a recognition to Kaisa's active participation in China's urbanisation through urban renewal business as well as its efforts in promoting urban industrial upgrading and enhancing the urban value. … [Read more...] about Kaisa Group (1638.HK) Announces 2019 Annual Results