Cision, a comprehensive communications platform helping public relations and marketing professionals around the world understand, influence, and amplify their stories, has released its annual State of the Media report with responses from more than 3,800 journalists from 17 global markets to understand key challenges faced in a marketplace that is rapidly evolving, and how public relations can support first-rate and trustworthy reporting. Challenges faced in cultivating effective PR relationship According to the report, journalists’ biggest challenge is maintaining credibility as a trusted news source (32 per cent) and combating accusations of fake news. A close second, journalists cite the impact that smaller groups of staff and fewer resources are having on their workloads. In fact, three in 10 journalists file 10 or more stories per week. When it comes to the relationship between communications industry professionals and journalists, it is all about easing … [Read more...] about Challenges faced in cultivating effective PR relationship
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HCMC to cut social housing approval time by 75 pct
The current length of 17 months does not encourage developers to invest in social housing, which the city is seeking to boost, the city’s chairman, Phan Van Mai, said at a recent meeting. Each department would have a deadline, and whichever delays the process would be held responsible for it, he warned. Last week, deputy director of the city Department of Construction, Huynh Thanh Khiet, said the administrative procedures for social housing are too long and complicated, which causes property companies to lose interest. There are more difficulties in developing social housing projects than commercial ones, he added. Thirteen projects for which land has been acquired and cleared have not been able to begin construction. HCMC, the country’s biggest city, developed over 1.2 million square meters of social housing between 2016 and 2020, enabling 66,000 people to have a home. These are in 19 projects, but only one of them was built for workers. The city has 1.3 million workers … [Read more...] about HCMC to cut social housing approval time by 75 pct
Banking shares plummet to attractive prices
Customers at Vietcombank (VCB) branch in the Central Highlands province of Kon Tum. The total operating income of 27 listed banks in the first quarter of 2022 increased by 8.2 per cent compared to the previous quarter.-VNA/VNS Photo In the past three months, banking shares witnessed sharp declines and were among the most negatively impacted on the stock market. Most banking stocks decreased by over 30 per cent and there was no single bank seeing positive growth. The decline was attributed to stricter control of credit flows, increasing bad debts mainly caused by real estate businesses, corporate bond inspection at banks and inflationary pressure which have affected investor sentiment. However, after a series of deep declines, many banking stocks are rebounding strongly in recent sessions. This brings hope to many investors in this industry group. In a newly released report, FiinGroup said that the total operating income of 27 listed banks in the first quarter of 2022 … [Read more...] about Banking shares plummet to attractive prices
Wooden cabinet exporters advised to review activities related to US’s investigation
Illustrative photo (Source: VNA) Hanoi – The Trade Remedies Authority of Vietnam (TRAV) has recommended that wooden cabinet producers and exporters continue to review the export activities of their products subjected to the US Department of Commerce (DOC)’s anti-circumvention and anti-subsidy investigation. The recommendation was made given DOC’s fresh announcement on extending the time to submit comments and provide feedback to the case by one week. As such, the new deadline is 5pm of June 30 (Eastern Time) or 4am of July 1 (Vietnam time). The authority also requested the producers and exporters to study thoroughly the US’s anti-circumvention regulations and investigation procedures. They were also asked to fully comply with the US side’s request for information provision while working closely with the TRAV during the case settlement. On May 24, DOC launched a probe to find out whether or not wooden cabinets from Vietnam and Malaysia that include components imported from … [Read more...] about Wooden cabinet exporters advised to review activities related to US’s investigation
HCM City hi-tech park to speed up investment procedures
Saigon Hi-tech Park in HCM City’s Thu Duc City. HCM City will focus on speeding up investment procedures to attract more investors. — Photo baodautu.vn HCM City will focus on helping businesses invest in the Saigon Hi-tech Park in Thu Duc City by addressing slow administrative procedures, a conference on facilitating investment heard on June 27. Vo Sy Nhan, general director of office space provider Onehub Saigon Bund, said though the park has been making efforts to help, his company’s project there has been slow to make a start. It was approved in 2014, but has been stymied by administrative bottlenecks, he said. For instance, approval for its land planning adjustment has been slow, and since the park itself is also going through a similar process, it could take long, he said. It is also having difficulty extending its land lease contract, which requires the city’s approval, he said. Nhan has asked relevant authorities to quickly approve both so that work on the project … [Read more...] about HCM City hi-tech park to speed up investment procedures
Unusual weather, price hikes delay progress of North-South Expressway
A section of the North-South Expressway under construction. The project's progress is affected by unusual weather and price hikes in fuel and construction materials. — VNA/VNS Photo Việt Hùng. HÀ NỘI — The progress of the North-South Expressway is facing difficulties, especially in four specific component projects that must be completed by December 31, due to unusual weather factors and price hikes in fuel and input materials. Weather and increasing prices of materials are obstacles to the construction progress, forcing the Ministry of Transport to frequently direct project management boards and contractors to expedite the works to complete contracts on time, the ministry said. The deadline for the four components projects of Mai Sơn-Highway 45, Cam Lộ-Sơn La, Vĩnh Hảo-Phan Thiết, and Phan Thiết-Dầu Giây is the end of this year but this might be seriously affected if the weather is not favourable. According to Lieutenant Colonel Trần Hữu Hoàn, who is the manager of the 13-XL … [Read more...] about Unusual weather, price hikes delay progress of North-South Expressway