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India, for instance, could save about $250 per $1 spent on protection to lessen the average frequency of floods from every 11 years to every 25 years by 2050, said Betsy Otto, who directs the global water program at the World Resources Institute. … [Read more...] about Flood prevention could bring ‘huge’ payoff as global risks rise

The upcoming online trade conference is therefore set to offer a fantastic opportunity for Bac Giang province, the largest concentrated fruit growing area throughout the north of the country, to promote the export of lychees and seek out Singaporean businesses that are keen to import the fruit, Tai says. … [Read more...] about Vietnam promotes lychee exports in Singaporean market

HCM City (VNS/VNA) - Vietnamese firms need to diversify their overseas markets and improve their strengths to capitalise on opportunities after the COVID-19 pandemic ends, a recent online seminar heard in Ho Chi Minh City. Pham Chi Lan, an economist who was an advisor to the Government in the past, said firms would need to join hands with industry business groups to study new market trend and changes in consumer habits after the pandemic to identify large and niche markets and reshape their business strategies. “The market will never return to the old normal that existed before the pandemic but to a new normal. New normal will have new abnormalities. Therefore, research should be conducted. “Businesses that are in associations should sit together to discuss what they can do and should not wait for the Government. Based on their requirements, they can propose policies.” Nguyen Thi Thu Trang, Director of the Vietnam Chamber of Commerce and Industry’s WTO and … [Read more...] about Local firms urged to diversify markets, understand post-pandemic trends

However, it would not issue any cash dividends and instead reinvest these profits into its operations to sustain growth. The Board of Directors also submitted a plan to issue 17 million shares (0.672 per cent of the total outstanding shares) for the Employee Stock Ownership Plan (ESOP) at VND10,000 (43.48 US cents) per share. … [Read more...] about VPBank to drop foreign ownership limit from 23 to 15 per cent

“Vietnamese businesses need to have clear knowledge about the commitments and provisions on trade remedies in the EVFTA to take advantage of opportunities and benefits from the agreement and to protect their interests,” Dung told Thoi bao Tai chinh (Financial Times) newspaper. … [Read more...] about Vietnam to help local firms cope with trade remedies