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Indochina Kajima launches Core5 Vietnam, a best-in-class industrial brand from the US
07-07-2022 12:54
On July 6, Indochina Kajima Development Company, a joint venture between Indochina Capital and Kajima Corporation, launched Core5 Vietnam – a Vietnam-based industrial real estate investment and development platform focused on the nationwide rollout of world-class factory and warehouse properties for lease throughout Vietnam’s key manufacturing and logistics markets.
Wink Hotels to revolutionise the hotel industry
30-06-2022 10:00
Despite the recent pandemic, Indochina Kajima is persisting in its goal of building 20 Wink Hotels across the country. VIR's Mai Dang spoke with Michael Piro, CEO of Wink Hotels about the hotels ambititons.
Rubber groups aim to cut China reliance
29-06-2022 17:56
As China cuts down on its purchase of rubber from Vietnam, the latter has witnessed a sharp decline in its rubber market share in China.
Wink Hotels revolutionises new breed of hotels for travellers
27-06-2022 09:49
Wink Hotels is a new Vietnamese hospitality brand emerging in Indochina that takes a bold approach to affordable luxury in the region.
Amazon to close Kindle e-bookstore in China
08-06-2022 15:43
US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.
World Bank slashes China growth forecast over Covid damage
08-06-2022 15:11
The World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that Covid disruptions could further slow recovery in the world's second-largest economy.
New space vital for digital overhaul
06-06-2022 10:00
In order to develop, it is necessary to have new development space – and digital transformation creates this. In China in 2020, the digital economy made up nearly 40 per cent of GDP, while the threshold in Vietnam in 2021 was 11-12 per cent. This means there is big development space to grow, and Vietnam targets that the digital economy will account for 20 per cent of GDP by 2025, or 20-25 per cent growth annually.
US stocks rally again as China premier warns on Covid-hit economy
27-05-2022 16:44
Wall Street stocks rose for a second straight session Thursday on a mixed day for global equities, while China's premier offered an unusually stark warning as the country's zero-Covid strategy bites into growth.
Grand opening for freshly stored ASEAN products
27-05-2022 15:20
The launching ceremony of the first-phase Guangxi Beibu Gulf International Fresh and Cold Chain Park took place on May 27 in Fangchenggang in China’s Guangxi Zhuang Autonomous Region.
Global effects mar control of inflation
26-05-2022 16:10
Vietnam’s efforts to rein in inflation at about 4 per cent this year are set to hit a snag due to China’s anti-pandemic policy affecting the Southeast Asian nation’s trade.
Will Vietnam become a big geopolitical beneficiary?
26-05-2022 15:05
As long as China continues its current pandemic policy and disruptions such as the Ukraine conflict continues, interest in the China+1 strategy is likely to grow. Kevin Coppel, Asia-Pacific managing director, and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore, explain how Vietnam could well emerge as the greatest beneficiary.
Implications for Vietnam in the bold transition to net-zero
26-05-2022 11:44
More than 130 countries, including Vietnam, China, Indonesia, Japan, Malaysia, and Thailand, have made (or are considering) net-zero pledges. By this, we are referring to the goal of eliminating or offsetting all greenhouse gas emissions, to limit the rise in the earth’s temperature to no more than 1.5 degrees Celsius by 2050.
MoIT stops anti-dumping duties on galvanised steel from South Korea and China
22-05-2022 08:00
The Ministry of Industry and Trade has just issued Decision No 924/QD-BCT on terminating the application of anti-dumping measures to several galvanised steel products originating from South Korea and China.
India seizes $725m from China's Xiaomi over 'illegal' remittances
30-04-2022 23:06
India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.
Navigating tariff roadmaps for automobile imports
28-04-2022 10:00
The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
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