The platform comprises the two websites geodata-stnmt.tphcm.gov.vn and esb-stnmt.tphcm.gov.vn to store a total 450 resource and environmental data files of the whole city, including information on subdivision, land area, zoning plans, land use purposes and land subsidence, Bui Hong Son, director of the information-technology center under the Department of Natural Resources and Environment announced Wednesday. "This platform is similar to Google Maps, and businesses and citizens can use data from it, like ride-hailing firms use Google’s remote sensing data for their services," he said. Son said before the platform was launched, anyone that needs to get access to such data had to send a report to the department to ask for permission and wait for approval. Now with this platform, people can access information online for free while state agencies will be provided with accounts to download files if required. Deputy Chairman of Binh Tan District Vu Chi Kien said in the past two … [Read more...] about HCMC launches online land data platform
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Kusto Group diversifies its business in Vietnam
Yerkin Tatishev, founder and chairman of Kusto Group During your visit to Vietnam, you identified and reconfirmed the potential of the Vietnamese market. Could you please share your investment strategy and plan for the coming years? Over the past 10 years, we have invested in different industries in Vietnam from cement to logistics and real estate. During that time, we also gained a lot of experience. The business results of the projects are different but in general, they are positive. Through this process, we have also built strong foundations for development in Vietnam such as a network of partners, friends, and a deep understanding of the local market. The Vietnamese government is stepping up investment in infrastructure such as roads, airports and many others, in which private companies are actively participating. Investment in infrastructure will create a positive growth engine for Vietnam. The nation's infrastructure system is changing very quickly and I firmly … [Read more...] about Kusto Group diversifies its business in Vietnam
Phat Dat’s strategy to successfully acquire new real estate projects
In 2020, chairman Nguyen Van Dat appointed you as CEO of Phat Dat. Taking on this new responsibility, how did you feel back then? Throughout Phat Dat's 16-year history, the chairman and founder exerted his influence on every decision. In such a context, I found myself in a favourable situation thanks to the inherited strategic orientations from the chairman and the determined management team. Besides this, Phat Dat has embarked on an ambitious plan for 2019-2023 to restructure its investment portfolio, targeting billions USD in market cap and exceeding 50 per cent in compound growth rate. Growing up inside the organisation, I am enthusiastic about Phat Dat's development. My new task, which capitalises on the past achievements and simultaneously accompanies the chairman to write Phat Dat's further development, is really challenging. When I received the appointment decision, many thoughts crossed my mind. I immediately told myself that I must live well, grow strongly, and see … [Read more...] about Phat Dat’s strategy to successfully acquire new real estate projects
Central province preserving Pho Khanh pottery craft
The skilled hands of its artisans have secured a place for Pho Khanh pottery products in the hearts of customers . The sharp focus and meticulousness of the artisans are prerequisites for creating fine rustic pottery products. There was a time when the pottery of Pho Khanh commune seemed on the verge of disappearing. Customers had begun to prefer luxurious and modern pottery products rather than rustic items, which had a critical impact on prices and the market. Some artisans decided to find other jobs to earn a living. Local authorities are urged to find stable markets for the pottery and introduce appropriate policies to develop human resources and support preservation efforts. It is also necessary for Pho Khanh to diversify its product offerings while retaining the unique features of its pottery./. VNA … [Read more...] about Central province preserving Pho Khanh pottery craft
Luxury sneakers may be a step too far for cash-strapped Gen Z
SHANGHAI/PARIS -- From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. Executives are troubled in particular by a hit to young Chinese shoppers, not only because mainland China has been a major driver of the industry's growth in recent years, but also because high end consumers in the world's second-largest economy are a decade younger than the global average of 38. Young adults around the world have been "a very strong factor of luxury growth over the past decade," said Gregory Boutte, chief client and digital officer at Gucci-owner Kering. Data this week showed China's economy slowed unexpectedly, prompting a central bank rate cut, while macroeconomic trends are disproportionately impacting the extra funds that those born between 1996 and 2012 might use to enter the world of luxury. Whereas in North America and Europe, inflation and … [Read more...] about Luxury sneakers may be a step too far for cash-strapped Gen Z
