Vietnam 

Experts upbeat about MA scene in 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Thai Beverage’s deal to buy a US$5 billion or 54 per cent stake in top brewer Sabeco has been the country’s biggest ever privatisation process so far. — VNA/VNS Photo Chương Đài Viet Nam News HÀ NỘI — Experts have predicted a banner year for merger and acquisition (M&A) activities in 2019 thanks to recent positive developments. According to Vice Chairman of the Việt Nam Foreign Investment Business Association Nguyễn Văn Toàn, M&A deals surged 160 per cent to US$9.9 billion in 2018, making disbursement of foreign direct…

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Vietnam 

Geographical indication protection will enhance Vietnamese products: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News Xuân Hương HCM CITY — Registering for and protecting geographical indication (GI) for Vietnamese specialities are needed to protect, add value to unique products and promote their exports, experts have said. Delphine Marie-Vivien, a researcher in intellectual property and food law at CIRAD, a French research centre specialising in international agricultural and development issues, said: “The origin of food is important for consumers, who value tradition and cultural identity, are sensitive to specific sensorial and organoleptic characteristics of these products. Some consumers are willing…

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China 

China could be a big winner if Trump restricts US uranium imports, experts say

China could be a big winner if the Trump administration demands that 25 per cent of United States’ uranium demand is supplied by American mines, experts say. Currently both the US and China import more than 90 per cent of the uranium they consume. The US is, however, considering a 25 per cent domestic production quota for national security reasons. This would make an extra 4.5 million kg of uranium available on the global market, at a time when Chinese uranium buyers are scouring the globe for more purchases. “China…

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Global 

Volatility expected for Chinese yuan, as experts diverge on 2019 outlooks

Traders and fund managers are predicting a year of volatility for the yuan, despite its strong start to 2019. A sharp appreciation in the currency already appeared to be rapidly losing steam on Monday. It was changing hands at 6.7892 against the US dollar, down 0.17 per cent. Last week, the yuan posted its first weekly decline in five weeks, leaving it up 1.5 per cent so far this year. The uptick was on the back of a weakened US dollar, optimism over a permanent trade war truce with the…

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Vietnam 

Energy transition could be VN’s next Đổi Mới: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Increasing energy efficiency together with developing renewable energy is critical for Việt Nam to ensure energy security, according to expert. This was highlighted at a workshop on energy security in the context of climate change during the Việt Nam Economic Forum held by the Central Economic Commission yesterday in Hà Nội. Nguyễn Văn Bình, Chairman of the Central Economic Commission, said climate change was a huge challenge for every country, threatening to drag down socio-economic development. Việt Nam is among five…

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China 

China’s team of crack trade negotiators will extract their ‘pound of flesh’, experts say

China’s crack team of trade negotiators is professional, productive and ruthless and has been described by a group of their international counterparts as “among the best in the world”. In a series of interviews conducted by the South China Morning Post with experienced current and former trade negotiators, China has been backed to drive a hard bargain in the ongoing dispute with the United States, but to ultimately follow through with whatever its negotiating team shakes on. Those who have direct experience of thrashing out trade deals with Chinese officials…

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Vietnam 

Higher loans limits could end loan-sharking: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Increasing the limits of unsecured loans given by banks will prevent people from approaching loan sharks, an online conference hosted by the State Bank of Việt Nam heard on Wednesday. The conference focused on discussing the implementation of Decree 116 issued by the Prime Minister on credit policies for agricultural and rural development and measures to tackle loan-sharking. Đào Minh Tú, the SBV’s deputy governor, said agriculture and rural development is a sector enjoying credit priorities since it plays a key…

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Vietnam 

GDP growth in 2019 likely to reach 7 per cent: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — GDP growth rate is likely to reach a decade high of around 7 per cent in 2018 and maintain the pace next year, according to the National Financial Supervision Committee (NFSC). The growth rate was also higher than the set target of 6.7 per cent earlier this year. Trương Văn Phước, NFSC’s acting chairman of the Committee, told a workshop to announce an Overview of the Vietnam Financial Market 2018 in Hà Nội on Thursday there were also international factors supporting…

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Vietnam 

Reduce the number of export inspections: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Experts have suggested changing the number of and the time spent for inspections of export activities, including customs clearance, to help reduce costs for enterprises. Speaking at a seminar held on Thursday in HCM City, Trần Ngọc Liêm, deputy director of the Việt Nam Chamber of Commerce and Industry (VCCI) HCM City, said that overlapping inspection procedures were causing problems for enterprises.  The General Department of Việt Nam Customs said that procedures accounted for up to 50 per cent of customs…

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Vietnam 

MA dispute arbitration key: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Experts say arbitration is good for resolving disputes related to mergers and acquisitions at a conference held in HCM City on December 20. — VNA/VNS Photo Việt Dũng Viet Nam News HCM CITY — Vietnamese and foreign firms are increasingly resorting to arbitration for settling disputes related to mergers and acquisitions, experts told a conference in HCM City on December 20. Lawyer Đặng Xuân Hợp, an arbiter from the Việt Nam International Arbitration Centre (VIAC), said alternative dispute resolution (ADR) is being used more and more. Arbitration…

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