Vietnam continues to slowly but steadily develop and will be Asia-Pacific’s next emerging market over the next five to ten years, according to the latest report from Cushman & Wakefield entitled “Betting on Asia Pacific’s Next Core Cities”. Cushman & Wakefield's "Betting on Asia Pacific's Next Core Cities" report tags Vietnam as next emerging market in region. Cushman & Wakefield selected the next core and emerging markets in the region that will remain relevant and dominant over the next five to ten years. As an emerging market, Vietnam displays many of the characteristics of its Asia-Pacific neighbors but perhaps is not as well understood.  Factors such as legal titles in the form of 50-year land leases granted by the State, a regulatory and tax environment that facilitates the placement of foreign capital, a real estate market cycle that is now at a stage of controlled … [Read more...]

Vietnam continues to slowly but steadily develop and will be Asia-Pacific’s next emerging market over the next five to ten years, according to the latest report from Cushman & Wakefield entitled “Betting on Asia Pacific’s Next Core Cities”. Cushman & Wakefield's "Betting on Asia Pacific's Next Core Cities" report tags Vietnam as next emerging market in region. Cushman & Wakefield selected the next core and emerging markets in the region that will remain relevant and dominant over the next five to ten years. As an emerging market, Vietnam displays many of the characteristics of its Asia-Pacific neighbors but perhaps is not as well understood.  Factors such as legal titles in the form of 50-year land leases granted by the State, a regulatory and tax environment that facilitates the placement of foreign capital, a real estate market cycle that is now at a stage of controlled … [Read more...]

The Airports Corporation of Vietnam (ACV) plans a 25 percent year-on-year increase in revenue to 13.3 trillion VND (583.6 million USD) this year. The 2017 Annual General Meeting of Shareholders of the Airports Corporation of Vietnam was held on June 28 in HCM City The corporation released this information at its annual general meeting of shareholders held on June 28. The company also targets pre-tax profits of 3.66 trillion VND, an increase of seven percent over 2016, and expects to pay a dividend of nine percent. The corporation expects to welcome 27 million international passengers in 2017, a surge of 14 percent year-on-year while the number of domestic passengers is projected to reach 64 million, up 12 percent year-on-year. The revenue target does not include income from the operation of airfields. The financial plan released at the meeting does not take into account the effect of exchange rate differences … [Read more...]

The Airports Corporation of Vietnam (ACV) plans a 25 percent year-on-year increase in revenue to 13.3 trillion VND (583.6 million USD) this year. The 2017 Annual General Meeting of Shareholders of the Airports Corporation of Vietnam was held on June 28 in HCM City The corporation released this information at its annual general meeting of shareholders held on June 28. The company also targets pre-tax profits of 3.66 trillion VND, an increase of seven percent over 2016, and expects to pay a dividend of nine percent. The corporation expects to welcome 27 million international passengers in 2017, a surge of 14 percent year-on-year while the number of domestic passengers is projected to reach 64 million, up 12 percent year-on-year. The revenue target does not include income from the operation of airfields. The financial plan released at the meeting does not take into account the effect of exchange rate differences … [Read more...]

President Tran Dai Quang asserted that Vietnam always treasures and prioritises developing its comprehensive strategic partnership with Russia at a meeting with Speaker of the Federation Council Valentina Matviyenko in Moscow on June 28. President Tran Dai Quang and Speaker of the Federation Council of Russia Valentina Matviyenko The Vietnamese leader spoke highly of the outcomes of the Speaker’s visit to Vietnam in February 2017, especially the organisation of a seminar on local collaboration.  President Quang expressed his hope that the Federation Council will continue supporting Russian localities to tighten ties with Vietnamese provinces and cities, in accordance with both sides’ potential and demand. He also believed that Speaker Matviyenko will further contribute to intensifying and enhancing relations between the Federation Council and the Vietnamese National Assembly as well as between Russia … [Read more...]

President Tran Dai Quang asserted that Vietnam always treasures and prioritises developing its comprehensive strategic partnership with Russia at a meeting with Speaker of the Federation Council Valentina Matviyenko in Moscow on June 28. President Tran Dai Quang and Speaker of the Federation Council of Russia Valentina Matviyenko The Vietnamese leader spoke highly of the outcomes of the Speaker’s visit to Vietnam in February 2017, especially the organisation of a seminar on local collaboration.  President Quang expressed his hope that the Federation Council will continue supporting Russian localities to tighten ties with Vietnamese provinces and cities, in accordance with both sides’ potential and demand. He also believed that Speaker Matviyenko will further contribute to intensifying and enhancing relations between the Federation Council and the Vietnamese National Assembly as well as between Russia … [Read more...]

President Tran Dai Quang and Speaker of the Federation Council of Russia Valentina Matviyenko (Source: VNA)   Moscow (VNA) – President Tran Dai Quang asserted that Vietnam always treasures and prioritises developing its comprehensive strategic partnership with Russia at a meeting with Speaker of the Federation Council Valentina Matviyenko in Moscow on June 28. The Vietnamese leader spoke highly of the outcomes of the Speaker’s visit to Vietnam in February 2017, especially the organisation of a seminar on local collaboration. President Quang expressed his hope that the Federation Council will continue supporting Russian localities to tighten ties with Vietnamese provinces and cities, in accordance with both sides’ potential and demand. He also believed that Speaker Matviyenko will further contribute to intensifying and enhancing … [Read more...]

President Tran Dai Quang and Speaker of the Federation Council of Russia Valentina Matviyenko (Source: VNA)   Moscow (VNA) – President Tran Dai Quang asserted that Vietnam always treasures and prioritises developing its comprehensive strategic partnership with Russia at a meeting with Speaker of the Federation Council Valentina Matviyenko in Moscow on June 28. The Vietnamese leader spoke highly of the outcomes of the Speaker’s visit to Vietnam in February 2017, especially the organisation of a seminar on local collaboration. President Quang expressed his hope that the Federation Council will continue supporting Russian localities to tighten ties with Vietnamese provinces and cities, in accordance with both sides’ potential and demand. He also believed that Speaker Matviyenko will further contribute to intensifying and enhancing … [Read more...]

Next month, visitors to the Vietnam Nationalities Village for Ethnic Culture and Tourism near the capital will have an opportunity to experience activities featuring the traditional cultures and customs of the ethnic minorities in the Central Highlands. Ethnic minorities in the Central Highlands of Vietnam perform with their traditional musical instruments. A variety of activities featuring the culture and customs of the ethnic minorities in the Central Highlands will be held in Vietnam Nationalities Village for Culture and Tourism (Ethnic Culture and Tourism?) near the capital this July (Photo dulich24.com) With the theme ‘The Echo of the Central Highlands,’ the series will include special arts performances during the weekends. Young Ê Đê artists from Đak Lak province will introduce their … [Read more...]

The WannaCry ransomware shook the media last month by infecting, encrypting, and ransoming the data of roughly 200,000 victims in 150 countries, in a cyber attack of unprecedented measures, according to EU police body Europol. With the reappearance of the threat at a Honda manufacturing facility in Japan and the emergence of the GoldenEye virus in Ukraine, companies and organisations need to take a long hard look at their cyber defences. WannaCry in May, and now the GoldenEye (Petya) virus calls attention to cyber security (Source: securelist.com) RELATED CONTENTS: Firms scramble to recover from wave of cyberattacks NUS Study: Cybercriminals exploit pirated software to fuel malware infections in … [Read more...]