Vietnam 

Joining in global value chains helps improve firms’ brand names – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Rubber latex processing line at the factory of Chư Păh Rubber Co Ltd in central highlands province of Gia Lai. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Global value chains were an indispensable way for local firms to build and develop brands, said Lê Hoàng Tài, deputy director of the Việt Nam Trade Promotion Agency (VIETTRADE). Tài told the conference that international trade had seen the establishment of global value chains with active participation of not only developed countries but also developing ones and emerging economies. “With developing countries like Việt…

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China 

China names and shames local governments for mistreating foreign investors

China has publicly named and shamed dozens of its local governments for mistreating foreign businesses in the latest effort to woo overseas investment with the country’s role in the global value chain under threat from the trade war with the United States.The National Audit Office said in its quarterly report that it had found 45 local authorities who had committed violations relating to levying unauthorised fees and delays in granting business licenses.The Hunan provincial government, for… Source link

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Vietnam 

Gaming event attracts hot names – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Gamers and streamers at the event. — VNS Photo Viet Nam News HÀ NỘI — The OTA Network, a network of game content creators, and Facebook Gaming organised a Facebook community event recently in Hà Nội, attracting nearly 200 of the hottest names in the gaming streamer and creator community in Việt Nam. The event attracted the likes of Viruss, TrâuTV and Quang Cuốn. Streamers at the event had opportunities to discuss with new features and policies for the Vietnamese market with senior representatives of Facebook Gaming. …

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Vietnam 

VinaCapital Ventures names Việt Nam-born former German vice chancellor advisory board chairman – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — VinaCapital Ventures, the technology investment company of VinaCapital, on Friday announced the appointment of Dr Philipp Rosler, former German vice chancellor, as the chairman of its advisory board. Rosler will provide counsel to both VinaCapital Ventures and its investees. Born in Sóc Trăng Province, he was adopted at a young age and grew up in Germany. In 2011 he became vice chancellor and minister of economics and technology, and became actively engaged with and promoted the start-up community. He was…

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Home 

Forbes names Kylie Jenner the youngest ‘self-made’ billionaire at age 21, beating Mark Zuckerberg by two years

Most college-aged kids get by with minimum wage paychecks. 21-year-old Kylie Jenner was just named the youngest self-made billionaire. Forbes announced Tuesday that Jenner had surpassed Facebook co-founder and CEO Mark Zuckerberg, who was 23 when he reached the billion dollar-mark.“I didn’t expect anything. I did not foresee the future,” Jenner told Forbes. “But [the recognition] feels really good. That’s a nice pat on the back.“Jenner, the youngest member of the Kardashian-Jenner clan, began… Source link

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Home 

China begins to embrace global sustainable investment trend, but big names still missing, says China chief of UN-backed body

The idea that companies’ environmental, social and governance performance should be weighed in investment decisions is beginning to catch on in China. Above, a dead fish floats in water filled with blue-green algae at the East Lake in Wuhan, Hubei province in this August 20, 2012 file photo. Photo: Reuters Source link

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Home 

Uncovering the hidden ambition behind the names of Chinese tech firms and scientific projects

If Chinese scientists, engineers and most importantly politicians have their way, here is what the future would look like. Groceries will be delivered to your doorstep by an autonomous car powered by Baidu’s (百度) system. Your smartphone, unlocked by a face scan, will run on a Pingtouge (平头哥) chip. A ride on the Fuxing (复兴) bullet train will transport you to a neighbouring state or country at 350 kilometres per hour. Instead of using GPS, you will be able to pinpoint your location via Beidou (北斗), China’s home-grown satellite navigation…

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Home 

China’s top movie ticketing app Maoyan extends IPO date, names Xiaomi as cornerstone investor

Maoyan Entertainment, China’s largest movie ticketing app backed by Tencent and Meituan, has extended its IPO subscription period and put off its listing date to February 4. It also named three new cornerstone investors, including a US$2.6 million of investment from Xiaomi. The Beijing-based company, with Tencent Holdings as its second-biggest shareholder, will extend its IPO book close date to “on or about January 25” from the original date of January 24, after which it will stop taking orders from international institutional investors, according to a renewed term sheet obtained…

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Global 

China’s top banker names US Fed policy and Brexit as biggest risks to global growth

The trade war was not mentioned by China’s central bank governor on Friday when he gave his picks for the biggest risks to the global economy this year. Instead, Yi Gang, speaking at the second China-Germany High Level Financial Dialogue in Beijing, nominated the US Federal Reserve’s policy trajectory and Britain’s plan to leave the European Union. Yi also predicted a slowdown in the global economy in 2019, with widening differences in regional growth performance. “There are a few major uncertainties [in the global economy] and the first one is…

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Vietnam 

Samsung Việt Nam names new general director – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Choi Joo Ho was officially appointed as general director of Samsung Việt Nam. — VNS Photo Viet Nam News HÀ NỘI — Choi Joo Ho was officially appointed as general director of Samsung Việt Nam to replace Shim Won Hwan who returned to South Korea to take over new responsibilities. Samsung Việt Nam on Friday announced appointments of new high-ranking leaders in Việt Nam. Ho joined Samsung Group in 1989 and held different positions including Deputy General Director of Human Resources in the business of mobile telecommunications…

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