Business

According to a representative from Tpcoms, being verified to use VMware technology helps TPCloud easily provide customers with a wide range of products, including public cloud, private cloud, hybrid cloud, and multi cloud for many different kinds of companies, from small and medium-sized enterprises (SMEs) to large-scale corporations. Combined with its long-term experience in providing connection infrastructure for large businesses throughout the country, TPCloud can become a breakthrough in the domestic cloud market. … [Read more...] about BUSINESS NEWS OCTOBER 11

With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

In his speech, the cabinet leader said, “Vietnamese businesses, including FDI, State, and private businesses, not only contribute to GDP growth, employment, and budget collection, but also are places of technological transfer in the current digital era. The business community take the lead in national construction and development and uphold their core role in creating assets and materials for society, generating more jobs, and making the country prosperous.” … [Read more...] about PM Phuc: Businesses bring about national prosperity

The headline index for big manufacturers' sentiment stood at plus 12 in March, worse than plus 19 marked three months ago and a median market forecast of plus 14, the BOJ's closely-watched quarterly "tankan" survey showed on Monday. … [Read more...] about Japan’s business mood slumps to two-year low as trade war hits

Along with strong development, the city’s business community has taken a strong step forward. From 2016 to September 2019, there were 93,000 newly established enterprises, up 22.5% compared to the 2011 – 2015 period. The city has attracted US$20.28 billion in FDI, a 3.24-fold increase against the 2011 – 2015;  VND622 trillion (US$26.81 billion) in capital was mobilized from the private sector for development.  “The private sector has become a major driving force of Hanoi’s economy, contributing 39% to the GRDP in 2018, up 1.5 percentage points from the 37.5% rate in 2015,” Chung added.  Total capital for investment from the private sector in the 2016 – 2018 period reached VND927.88 trillion (US$40 billion), or 36.4% of the GRDP.  A major proportion of development investment has shifted from the state sector to the private sector, helping the city maintain high growth rate, Chung stressed.  In this context, members … [Read more...] about Businesses seen as pioneering contributor to Hanoi’s development: Mayor