The third Belt and Road Summit welcomed some 5,000 participants from 55 countries and regions at the Hong Kong Convention and Exhibition Centre on June 28 ASEAN—the logical first stop for Chinese investors The Belt and Road Initiative (BRI) refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives. The network connects Asia, Europe, and Africa, and passes through more than 65 countries and regions with a population of about 4.4 billion, making up a third of the global economy. According to Bernard Charnwut Chan, president of Asia Financial Holdings Ltd., BRI has been gaining traction after its launch in 2013. In the last two years, more Chinese companies have been looking to invest in BRI-related countries. The logical first stop for Chinese investors is the ASEAN, he said, due to the historical connections and relations. As a Hong Kong-based firm, Asia Financial has been investing in both China and ASEAN markets for years. The firm has recently … [Read more...] about Opportunities for Hong Kong and Vietnam under Belt and Road Initiative
VSIP is one of the projects co-developed by Becamex IDC Empty promises According to Tienphong.vn, numerous people complained that Becamex IDC is delaying handing over the land use right certificates of apartments at the My Phuoc 4 urban area project to customers. Notably, according to a customer, in 2012 Becamex IDC put on sale apartments in My Phuoc 4 urban area project. At the time, the investor affirmed that after customers paid off the apartment price according to the contract, Becamex IDC would hand over the land use right certificate. However, nearly six years since then, the firm has yet to do good on its promise. Along with the money spent on buying the apartments in the projects, customers also wasted massive amounts of money on transportation between cities to deal with the conflict. The firm has yet to show the slightest intention to co-operate with customers to resolve the incident. Notably, numerous customers arrived to Becamex IDC’s office to meet the Board of … [Read more...] about Becamex IDC defaulting on contractual obligations?
Viet Nam News HÀ NỘI — Warburg Pincus, a leading global private equity firm focused on growth investing, and Becamex IDC Corp, the construction and development giant in Việt Nam, officially launched their joint venture BW Industrial Development Joint Stock Company on Tuesday. With an area spreading over two million sq.m and an initial investment capital of over US$200 million, BW Industrial is the largest ‘for-rent’ industrial and logistics developer in Việt Nam. In particular, BW Industrial will focus on supporting the sustainable development of Việt Nam. They are a strategic investor in the global supply chain. With the mission of providing value-added services to other industries through BW Industrial joint ventures, the company ensures to provide the best and most modern real estate solutions for investors in different fields such as mechanical manufacturing, electronics, automobile manufacturing, garments and … [Read more...] about Becamex, Warburg Pincus in joint venture
As many as 384 photos winning the eight International Artistic Photo Contest in Vietnam 2015 (VN-15) were honoured at an ceremony in Hanoi on December 3. The biennial event was launched in late May by the Vietnam Artistic Photographers’ Association (VAPA) with the sponsorship of the International Federation of Artistic Photography (FIAP) and the French’s Image Sans Frontiere (ISF). Speaking at the award ceremony, VAPA Vice Chairman Pham Van Ti, head of the organising board, said the contest attracted nearly 9,700 photos from 31 countries and territories to vie in four categories, including Freestyle, Women at work, Sublime moments, and still life. In the first category, gold medals were awarded to “Take me home BW” by Abdulla Al-Mushaifri from Qatar and “Tuoi gia” (Old Age) by Vietnamese photographer Tran Dinh Thuong. The photo “Tea for me” by Ravindra Ranasinghe from Sri Lanka and “Nhat thoc” (Pick up rice) by Tong … [Read more...] about Qatar’s photographer wins Vietnam award
In the category of ‘Freedom’, the photo entitled ‘Take me home BW’ by Abdulla AL-Mushaifri from Quatar won the gold medal from the Vietnamese Association of Photographic Artists (VAPA) and the entry ‘The elderly’ by Tran Dinh Thuong from Vietnam bagged the gold medal from the Federation of International Art Photography (FIAP). Two photos entitled ‘Tea for me’ by Ravindra Ranasinghe from Sri Lanka and ‘Picking up rice paddies’ by Tong Tran Son from Vietnam were presented with gold medals from FIAP and France's Image Sans Frontier, respectively, in the ‘Women and Employment’ category. For the ‘Uplifting Moments’ theme, the first prize from the VAPA went to the work ‘The Peek’ by Paolo Tavaroli from Italy, meanwhile the FIAP awarded the gold medal to Vietnamese photographer Nguyen Trung Kien for his photo ‘Uplifting’. The VAPA and FIAP presented gold medals to Vietnamese … [Read more...] about Winners of international arts photography contest announced