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London’s office sector at a discount thanks to Brexit woes, weakening sterling

Hong Kong investors looking to leverage opportunities in London during a period of currency weakness might want to take a closer look at the office market, where solid occupier rates indicate solid returns even as political uncertainty lingers, according to experts.International investors appear to be in a wait-and-see mode, having taken to the sidelines, as they gauge the political outlook three years after the Brexit referendum, according to consultancy Knight Frank.“Future transaction levels… Source link

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HCM City eyes boost to collective sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A seminar on developing the collective agricultural sector was held in HCM City on June 21 by the HCM City Farmers Association. — VNS Photo HCM CITY — Local co-operatives need to mobilise capital from their members or co-operate with enterprise members to improve their production and trading, the HCM City Cooperative Alliance has said. Speaking at a seminar on developing the collective economic model in agricultural in HCM City yesterday, Bùi Trần Huy Vinh of the HCM City Cooperative Alliance, said: “The Capital Aid Fund for Cooperative Members…

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Vietnam 

Agricultural sector sees production and business growth in H1 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A seafood processing line. The agricultural sector has maintained growth in the first half of this year despite facing difficulties. – Photo cafef.vn   HÀ NỘI – The agricultural sector has maintained growth in the first half of this year despite facing difficulties, especially the African swine fever epidemic which had a heavy impact on the domestic animal husbandry sector. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến made the statement at a press conference on June 17 about the sector’s…

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Vietnam 

African swine fever could bankrupt livestock sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A report from the US Department of Agriculture (USDA) recently stated that African swine fever (ASF) will cause demand for animal feed in Việt Nam to decrease from 23.8 million tonnes in 2018 to 23.7 million tonnes in 2019 and 23.5 million tonnes in 2020. Photo cungcau.vn   HÀ NỘI African swine fever has not only caused livestock farming households to fall into debt, but has also made it difficult for animal feed dealers to collect their payments. If the epidemic continues, the domino effect could bankrupt the…

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Government urged to help grow private sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc with representatives of the private business sector at the meeting in Hà Nội. VNA/VNS Photo Thống Nhất HÀ NỘI Private Vietnamese firms have asked the Government to push administrative reform and build a favourable trade and investment climate to make Việt Nam one of the best places to do business in ASEAN and meet the standards of the Organisation for Economic Co-operation and Development (OECD). The sentiment was expressed by representatives of the Vietnam Private Business Association during a meeting with Prime Minister Nguyễn Xuân Phúc in Hà Nội on Monday. The association…

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Local logistics sector amid the Fourth Industry revolution – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM CITY — Vietnamese logistics firms are embracing technology to optimise their costs and improve their competitiveness, according to experts. According to the Việt Nam Logistics Business Association (VLA), the fourth industrial revolution and breakthroughs in technology have brought about many changes in the logistics industry. Keeping up with technological trends to keep pace with the global industry is essential. But experts said the number of companies using advanced technologies was modest. They said the industry needed to invest more in technology to improve its service quality. Speaking at…

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Tourism sector must focus on infrastructure, regulatory changes – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HÀ NỘI — Provided with beautiful landscapes, long beaches and rich cultural and marine resources, Bình Định Province is expected to transform into a key destination for both domestic and foreign visitors. But like some other areas, the province’s biggest hurdle in becoming more attractive to tourists is its lack of developed infrastructure. “Bình Định’s tourism sector has been developing less than expected because the infrastructure and facilities are still limited and underdeveloped,” said Nguyễn Tiến Đạt, deputy director of tourism company Transviet. The underdevelopment of infrastructure connecting different tourism sites has made it hard for visitors to…

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Electricity sector needs accountability and transparency – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  *Võ Trí Thành Việt Nam raised its retail electricity prices in March after nearly two years without change, but this decision has received mixed responses from the public. Debates on the grounds for the price hike, transparency in tariff calculation and the change’s impact on the whole economy have been taken up on the floor of the National Assembly’s hearings in recent days. The electrical power industry has played a pivotal role in a country’s economic development and energy security. Since 1750, the world has experienced three industrial revolutions, and even at dawn of the…

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Vietnam 

Agriculture sector gains trade surplus of $3.3 billion in five months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Export shrimp processing line. The agriculture sector achieved a trade surplus of US$3.3 billion in the first five months of this year. – VNA/VNS Photo Vũ Sinh HÀ NỘI – The agriculture sector gained a trade surplus of US$3.3 billion in the first five months of this year, according to the Ministry of Agriculture and Rural Development. The nation achieved an export value of $16.1 billion from agricultural, forestry and aquatic products during the period, a year-on-year increase of 1.2 per cent, including $3.6 billion in May. The sector spent $12.8 billion…

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Philippine and Chinese investors bet on Manila’s warehousing sector amid a boom in household consumption

Logistics and warehousing in the Philippines is poised for some rapid growth as local and overseas investors take advantage of booming household consumption.Manila’s improved relations with Beijing are also boosting investment in the sector from Chinese companies, including Alibaba Group Holding, the world’s largest online trading platform.In October 2018, Lazada Group, an Alibaba affiliate, opened a 54,000 square metre warehouse in Laguna – its largest fulfilment centre in Southeast Asia with… Source link

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