Selling baked goods from home

The private placement of 13.4 million shares fetched PAN almost VND820 billion ($35.14 million) and increased its charter capital to VND1.34 trillion ($57 million). The money will allow PAN to pursue acquisitions in the agricultural sector and food industry. The company eyes M&A deals that will ensure revenue growth of 70 percent and profit growth of 50 percent per year. Its revenue and net profit targets for this year are VND8.77 trillion ($376 million) and VND538 billion ($23 million). Vietnam is a major exporter of a range of farm produce including rice, coffee, pepper, and cashew. The country is currently ranked second in Southeast Asia and 13th in the world in agriculture production, according to Minister of Agriculture and Rural Development, Nguyen Xuan Cuong. Vietnam exported about $36.37 billion worth of agriculture and fisheries products last year. … [Read more...] about PAN Group sells 10 pct stake to Japan’s Sojitz

Amazon shakes hands with T&T Group and SHB to boost cross-border e-commerce in Vietnam At the cross-border e-commerce workshop titled “Reaching the ocean” early this month, US-backed Amazon Global Selling officially announced its partnership with T&T Group and local bank SHB. However, there have been few recent days when SHB's stock closed higher than it began – on the contrary, it has been falling significantly. As of the end of the session on December 9, SHB was at VND6,100 ($0.26), lower than the VND6,800 ($0.3) in late June. Forecasting dim prospects for SHB, Saigon-Hanoi Insurance Corporation divested all of its capital worth VND55 billion ($2.4 million) in July. As a result, the tie-up with SHB may not be enough to move forward Amazon’s plans in Vietnam. Amazon started carrying out cross-border e-commerce in the market a few months ago by supporting local SMEs in improving their export performance. Specifically, on October 16, Amazon Global … [Read more...] about Partnership with SHB may be little aid for Amazon in Vietnam

Home prices saw the steepest increase ever in early 2019 before the gains were trimmed by weakened sentiment and falling sales in the second half of the yearOffice rents peaked in Q1 and have since fallen over the course of 2019The retail sector was hardest hit by the social unrest which stifled any hope of a rebound in retail rents for core submarketsThe volume of major property transactions shrank to a 10-year low alongside the decline in commercial real estate rentsThe leasing and investment outlook across all sectors in 2020 is set to remain subdued as US-China trade tensions and local social unrest continue to weigh on sentiment.HONG KONG, CHINA - Media OutReach - 10 December 2019 - The Hong Kong property market has borne witness to the city's turmoil in 2019. Home prices experienced their steepest increase in the first half of 2019 but have seen those gains trimmed in recent months in the face of the growing social unrest. The ongoing trade tensions and … [Read more...] about Hit by Double Woes, Hong Kong Property Market Heads for an Uncertain 2020

Amazon shakes hands with T&T Group and SHB to boost cross-border e-commerce in Vietnam At the cross-border e-commerce workshop titled “Reaching the ocean” early this month, the United States' Amazon Global Selling officially announced its partnership with T&T Group and local bank SHB. However, there have been few recent days when SHB's stock closed higher than it began – on the contrary, it has been falling significantly. As of the end of the session on December 9, SHB was at VND6,100 ($0.26), lower than the VND6,800 ($0.3) in late June. Amazon started carrying out cross-border e-commerce in the market a few months ago by supporting local SMEs in improving their export performance. Specifically, on October 16, Amazon Global Selling was officially launched in Vietnam, offering offering many training courses on export activities for local firms. Cross-border trade is very promising due to the huge demand for purchasing overseas goods. Before the appearance of … [Read more...] about Partnership with SHB expected to aid for Amazon in Vietnam

Mussels with rice/noodles This specialty can be found across the spectrum of restaurants Hue has to offer. A bowl of mussels with rice (you can also choose vermicelli or noodles as an alternative) includes raw vegetables and stir-fried mussels, topped with roasted peanuts and deep-fried pork skin. It is served with either fish sauce or shrimp paste. Suggested addresses: The food area at the foot of Trang Tien Bridge, Ba Hoa Restaurant at 11A Truong Dinh Street, a nameless restaurant on Tran Phu Street, or on Hen (mussel) Islet in Vi Da Ward. Hue beef noodles If you are not a fan of spicy food, be prepared before tasting bun bo Hue (Hue beef noodles). Unlike bun bo Hue served in Saigon and Hanoi, the original version in Hue packs a punch.  Suggested addresses: O Kim Chu Diep Restaurant at 6 Tran Thuc Nhan Street, Cam Restaurant at 38 Tran Cao Van Street, Ong Vong Restaurant at 5 Nguyen Du Street, Ba Tuyet Restaurant at 47 Nguyen Cong Tru Street. Nam Pho crab noodles Banh canh … [Read more...] about 8 must-try dishes to give you a true taste of Hue