In a pre-recorded speech sent to Chinese people via the Chinese Embassy in Vietnam on the occasion of the 71st anniversary of Vietnam-China diplomatic ties (January 18), Cuong affirmed that the neighbourly friendship “both as comrades and brothers” nurtured by Presidents Ho Chi Minh and Mao Zedong and other generations of leaders has become a valuable asset of the two Parties, States and peoples, and both sides have responsibility for maintaining and promoting the relationship. … [Read more...] about VIETNAM NEWS JANUARY 19
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Researchers warn of risks for Vietnam in 2021
According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021
BUSINESS NEWS JANUARY 19
Meanwhile, China’s rice imports are expected to bounce back due to a sharp increase in domestic price and unfavourable weather. China’s rising demand will offer a good opportunity for Vietnam, particularly given that the two countries have established a hotline to facilitate the trade of agricultural products which was disrupted by COVID-19. … [Read more...] about BUSINESS NEWS JANUARY 19
Long-term development commitments realised through strategic M&A moves
SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves
Bayer announces big investment in external innovation
“Cell and gene therapies hold the promise to significantly impact patients’ lives by moving from treating symptoms to potentially curative approaches,” Wolfram Carius, executive VP and head of cell and gene therapy at Bayer, said. “Together with our partners, we want to accelerate innovation at its source and along the whole value chain to ensure a rapidtranslation of science into therapies for patients who have no time to wait.” … [Read more...] about Bayer announces big investment in external innovation