Vietnam 

HCM City seeks to become logistics hub – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM City is developing a strategy to become a logistics hub, focusing on connections to other provinces in southern Việt Nam. – VNA Photo Thế Anh HCM CITY — HCM City is working on a logistics development strategy that would make the city a major logistics hub and reduce logistic costs to 16 per cent of Việt Nam’s GDP in 2025. During a conference held early this week in HCM City, Nguyễn Ngọc Hòa, deputy director of the city’s Department of Industry and Trade, said the city had told the department and Việt Nam Logistics Research and Development…

Read More
Home 

Hong Kong sapphire coating start-up targets expanded use in foldable phones, seeks US$1.5 million in funding

Hong Kong start-up Cathay Photonics, which has patented technology for the application of scratch proof sapphire on glass and plastic, is targeting US$1.5 million in pre-series A financing from international investors as it targets expanded use in foldable phones and other devices.“The sapphire film helps to protect the plastic screens of foldable phones so they won’t be easily scratched, or wear out, when you fold and unfold the phone,” said Cheah Kok Wai, the company’s co-founder and chief… Source link

Read More
Vietnam 

HCM City seeks public-private partnership in infrastructure development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A JICA representative speaks at a seminar on public-private investment in infrastructure and public services held in HCM City yesterday. VNS Photo Bồ Xuân Hiệp HCM CITY — HCM City authorities are seeking more public-private partnerships (PPP) to ensure socio-economic development for which they otherwise lack funds. The city needs VNĐ326 trillion (US$14 billion) for 2016-20, but can only raise 52 per cent of the amount, meaning authorities need to seek non-public sources, according to its Department of Planning and Investment. However, despite their great efforts to attract PPP…

Read More
Home 

China seeks to change economic landscape as Donald Trump escalates US decoupling risks

President Xi Jinping made two strategic decisions this week that could redefine China’s economic landscape in the coming decades as risks of decoupling from the United States continue to rise.China should first focus its domestic economic efforts on activities in “central cities and city clusters”, a major shift from the traditional idea of even distribution across big and small cities.Xi also called for an upgrading of China’s industrial supply networks to forge value chains that are … Source link

Read More
Vietnam 

HCM City seeks to take promotion path to increase exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Exports by HCM City companies in the first half of the year topped US$19.6 billion, a 9.2 per cent increase year-on-year, according to the city People’s Committee. VNA/VNS Photo HCM CITY – The 2019 Export Promotion Forum held in HCM City yesterday (August 27) discussed the strengthening of trade promotion to enhance production and exports by city businesses. Phạm Thiết Hòa, director of the HCM City Investment and Trade Promotion Centre (ITPC), said the forum discussed new ways of export promotion to align with current global market approaches and…

Read More
Vietnam 

Mekong province seeks investment in hi-tech agricultural park – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Agricultural technologies on display on the sidelines of a conference to call for investment in Hậu Giang Province’s hi-tech agricultural park on Monday. — Photo Courtesy of baohaugiang.com.vn HCM CITY — The Cửu Long (Mekong) Delta province of Hậu Giang continues to solicit investment in its hi-tech agriculture park, including in its infrastructure. According to Trương Cảnh Tuyên, deputy chairman of its People’s Committee, who spoke at a conference for the purpose on Monday, the province has great potential in agriculture with over 140,000ha of arable land. It has areas for…

Read More
Home 

FedEx seeks to defuse its latest delivery mishap in China, this time involving a firearm, saying it notified police two months ago

FedEx Corporation, under pressure in China over its diversions of packages from Huawei Technologies, is seeking to defuse a delivery mishap involving a firearm, as it seeks to protect its market position amid rising tension in the US-China trade war.In the latest case, a United States client sent a handgun via FedEx to a sports good company in the Fujian provincial capital of Fuzhou, Xinhua News Agency reported on Sunday. The firearm never made it to the sporting goods company and was seized by… Source link

Read More
Vietnam 

Cashew industry seeks way out of current troubles – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A farmer harvests cashew nuts in the southern province of Bình Phước. Raw cashew prices and demand are expected to increase in the fourth quarter of this year. — VNA/VNS Photo Dương Chí Tưởng HCM CITY — The Việt Nam Cashew Association (Vinacas) held a conference to review the industry’s performance in the first seven months and identify solutions to the problems plaguing it. Phạm Văn Công, chairman of Vinacas, said the industry has been facing a lot of difficulties since last year. This year, it…

Read More
Vietnam 

Việt Nam seeks to boost agriculture and fishery exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at the VietFood, Beverage and Professional Packing Machines international exhibition that opened in HCM City on August 7. — VNS Photo Thu Hằng HCM CITY — Việt Nam will attract more foreign direct investment and boost its agricultural and fisheries exports through free trade agreements, experts have said. The recently signed Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) and the EU-Việt Nam Free Trade Agreement (EVFTA) would help the country increase its agricultural and fisheries output, Phạm Tuấn Long, deputy director of the division of agriculture,…

Read More
Vietnam 

Singaporean and Malaysian businesses seeks investment opportunities in Cần Thơ – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Representatives of Singaporean and Malaysian businesses on a visit to the Cần Thơ Trade, Investment Promotion and Exhibition Centre. — VNA/VNS Photo Hồng Giang HÀ NỘI — Singaporean and Malaysian firms are seeking investment opportunities in the southern city of Cần Thơ. In a meeting with local authorities on Tuesday, Managing Director of Business Media International and head of the Malaysian delegation Dato William Ng praised the city for its investment policies in education, healthcare, tourism, biotechnology, information technology and logistics services. Dato said Cần Thơ was the most promising…

Read More