Corporate

Czech media have published articles about the direct air route connecting Prague and Vietnam – one of the memoranda concluded at the Czech-Vietnamese Business and Investment Forum in Prague signed between Prague Airport and Vietnamese airline Bamboo Airways in the presence of Prime Minister Nguyen Xuan Phuc and Czech Prime Minister Andrej Babis. The signing of the memorandum of understanding between Prague airport and Bamboo Airways The forum was organised by the Confederation of Industry of the Czech Republic together with the Vietnam Chamber of Commerce and Industry on the occasion of the visit of Vietnamese Prime Minister Nguyen Xuan Phuc and members of the local government to the Czech Republic. "We also support the Vietnamese airline to establish a direct air route from Vietnam to Prague. This direct air route can promote trade and tourism between the two countries," said the Czech Prime Minister at the forum. He considered Vietnam a huge market, saying that … [Read more...] about Czech PM pledges support to Bamboo Airways’ Prague Vietnam route

The National Institute for Control of Vaccines and Biologicals (NICVB), the National Institute of Hygiene and Epidemiology (NIHE), and Zuellig Pharma on April 10 officially announced a project to expand access to vaccines in Vietnam through the use of the eZCooler – an innovative packaging technology that ensures the integrity of temperature sensitive products to the last mile of transportation. John Davison, CEO of Zuellig Pharma, speaking at the meeting The $600,000 project aims to support the Vietnam Expanded Programme on Immunisation (EPI), initiated by the Ministry of Health (MoH) in 1981 with the support of the World Health Organization (WHO) and the United Nations Children's Fund (UNICEF). The nation’s public health programme has since benefitted millions of women and children. Ensuring the highest standards of cold chain for vaccines will further contribute to the success of the EPI. Under the recently-signed agreement, Zuellig Pharma will contribute the … [Read more...] about Innovative eZCooler technology helps expand access to vaccines in Vietnam

Schneider Electric IT Vietnam, a global leader in energy management and automation, has signed a strategic partnership with Hai Nam JSC, a specialist in electrical switchboard manufacturing business and automation, to further expand its distribution network in Vietnam. The signing ceremony between Schneider Electric and Hai Nam took place on April 17 in Ho Chi Minh City Accordingly, Hai Nam will become a strategic partner to distribute Schneider Electric’s products, especially in data centres. Information and data have become important resources for enterprises in the era of Industry 4.0. Technology factors can directly affect the way businesses collect, receive, monitor, process, and operate information flows to enhance their speed, accuracy, and cost-efficiency. Therefore, data centres and data storage and processing infrastructure play an increasingly significant role in meeting the evolving requirements of high availability and stability. To facilitate the goal, … [Read more...] about Schneider Electric IT and Hai Nam JSC sign strategic partnership

US Express, an e-commerce business specialised in purchasing and shipping goods from the US to Vietnam, on April 17 held the "Sale-off Authentic Brands" event aiming to launch its system connected to Nordstromrack and HauteLook, the biggest sale-off authentic brands in the world. Industry 4.0 has changed consumers' shopping habits Customers attending the event had the opportunity to buy a wide range of products from many prestigious US brands at discount prices of up to 90 per cent. In addition, US Express also organised the “Order 4.0” talk show to introduce its services of purchasing sale-off branded items from the US, organized a lucky draw, and a reverse auctionof branded products from VND0. The US is known as the birthplace of global brands and its goods, supplies, and utensilsare widely loved by consumers, including Vietnamese. However, the purchasing of authentic US goods and shipping time remains an obstacle for consumers as many US e-commerce … [Read more...] about Shopping for sale off US brands easier than ever with US Express

After spending nearly $100 million on buying convertible bonds from Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico), Truong Hai Auto Corporation (Thaco) has expressed interest in buying approximately 70 million shares to increase its holding in the agricultural company as per the agreement between the two parties. Dragon fruit is one of the major agricultural products of HAGL Agrico Thaco has registered buying 69.7 million shares in HAGL Agrico to increase its holding from zero to 7.86 per cent. The transaction is expected to be completes between April 23 and May 22, 2019. At present, HAGL Agrico’s shares are transacted at VND15,100 apiece, thus Thaco may pay VND1.05 trillion ($45.65 million) for the purchase. Previously in August 2018, Thaco completed the purchase of 221,688 convertible bonds worth VND10 million ($434.8) each from HAGL Agrico for VND2.2 trillion ($95.65 million). With the ratio of 1:1,000, Thaco can convert these bonds into 221.688 million shares … [Read more...] about Thaco spends $46 million buying shares in HAGL Agrico