Vietnam 

Experts discuss promoting Vietnamese trademarks – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The country’s top brands were honoured at the first edition of the Việt Nam Brands Forum. — Photo courtesy of the organiser HÀ NỘI — Vietnamese enterprises need good trademarks to succeed in the global market, according to Lê Doãn Hợp, former minister of Information and Communications. He joined other branding experts at a conference held early this week to discuss promoting Vietnamese brands to the world at the first edition of the Việt Nam Brands Forum. The event, organised by Thương Hiệu Và Pháp Luật (Brand and Law) newspaper with the support of the Ministry of Industry…

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US and China’s mutual distrust is hampering tech innovation, experts fear

Despite competing intensely for tech domination, a US-China alliance on cutting-edge advancements would benefit both nations, their intertwined economies and the world, leading venture capitalist and tech researchers say.“I don’t see how the two countries can stop collaborating. It’s like we can’t just create two completely different worlds,” Gary Rieschel, founding managing partner of Qiming Venture Partners, told the South China Morning Post. “But the challenge is we have a very low level of… Source link

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It’s time for China to allow foreign credit rating agencies into its US$13 trillion bond market, say experts

International rating agencies must be allowed to operate in China if foreign money is to flow freely into its bond market, said industry experts.China’s US$13 trillion bond market, the world’s third largest, is gradually opening up to foreign players as it starts to join global bond benchmarks.The next key step must be for all global rating agencies to be granted access to the Chinese market, so overseas investors can understand and compare the ratings with those at home, said Nick Gendron,… Source link

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Vietnam 

VN mattress market set for strong expansion: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Việt Nam’s strong economic growth and rapid increase in per capita income has driven demand for a better quality of life, thus the development of the interiors market, including for mattresses, according to experts. In its Việt Nam mattress market report, Ken Research Company of India said the market saw compounded annual growth rate of 7.6 per cent in the 2011-16 period. It is expected to reach US$291 million by 2021, it said. Growing demand from the residential and commercial…

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Experts speak positively of arbitration at PolyU event

[Sponsored Article] Hong Kong’s role as an international arbitration centre can expand much further under the Belt and Road initiative, said legal experts gathered at the Knowledge Transfer Forum held by the Faculty of Business of The Hong Kong Polytechnic University on 24 January 2019. Indeed, the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area promulgated by the Central Government last month (February) clearly envisioned Hong Kong’s future position as a leading… Source link

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China faces US$540 billion pensions shortfall and must do more to educate population about retirement, say experts

China must do more to address a severe shortfall in pensions that could, by one estimation, amount to US$540 billion by next year, according to experts.“The government is not doing nearly enough,” said Stuart Leckie, chairman of Stirling Finance, a consulting firm for pension funds and asset managers in Hong Kong and mainland China. “They need to sort out communications, transparency, open up to the whole country. It is very serious.”China operates a three-pillar pensions saving system:… Source link

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Vietnam 

Hurdles keep private sector from achieving preeminent status: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — The private sector, despite being considered the driving force of the economy, has yet to achieve a breakthrough due to many reasons, experts said. They were speaking at the Vietnam Economic Conference held in HCM City recently and attended by executives representing more than 300 local and foreign businesses. Asked about the reasons, 54 per cent of attendees said cumbersome administrative procedures, 26 per cent said inability to access capital and 21 per cent blame difficulty in accessing the market. …

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China 

China’s decision to ground Boeing 737 MAX 8 driven by safety concerns, not US-China trade war: experts say

China’s decision ordering domestic carriers to temporarily ground the Boeing 737 MAX 8 stems from safety concerns but any impact on the ongoing trade talks with the United States cannot be discounted, according to experts and analysts following Sunday’s fatal crash in Ethiopia. Having bought a significant amount of the US company’s newest model, China led the pack of airline and aviation authorities in grounding the plane on Monday, a day after an Ethiopian Airlines 737 MAX 8 crashed, killing… Source link

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Vietnam 

Experts propose higher fuel tax – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Researchers of the Central Institute of Economic Management (CIEM) have proposed the Government levy special consumption tax rate for bio-fuel equal to half of the rate for gasoline. The recommendation was part of a CIEM survey, which was announced at the seminar on using tax policies to regulate the economy towards green growth and sustainable development held in Hà Nội yesterday. Head of the CIEM’s Social Affairs Department Nguyễn Mạnh Hải said the hike of special consumption tax rate for bio-fuel…

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Vietnam 

Digital economy needs supporting policies: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Vietnamese Government should outline policies to promote breakthrough technologies and bolster digital economic development amid the Fourth Industrial Revolution, World Bank Country Director for Việt Nam, Osmane Dione said yesterday. At a workshop themed ‘Policy Aspects for Việt Nam Digital Economic Development’, held by the Ministry of Industry and Trade (MoIT) and the World Bank Group in Hà Nội, he described cyber security’s crucial role in protecting customers as an important factor to develop Việt Nam’s digital economy. Enhancing digital…

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