Over 100 firms join International Trade Fair of Northwest Region The International Trade Fair of the Northwest Region 2019 opened in Dien Bien Phu city in the northwestern province of Dien Bien on March 30 More than 100 organisations and businesses of Vietnam, China, Laos and Thailand have joined the International Trade Fair of the Northwest Region 2019 that was opened in Dien Bien Phu city in the northwestern province of Dien Bien on March 30. The event, which will run until April 5, has 280 booths introducing goods and services of different localities of Vietnam and foreign firms, along with a trading area and a food court. On display at the fair are manufacturing-mechanical products, machines, industrial and agricultural equipment, office equipment, and handicrafts. Le Van Quy, Vice Chairman of the People’s Committee of Dien Bien province, said that the trade fair is part of the national trade promotion programme which has been approved by the Ministry of Industry and … [Read more...] about BUSINESS NEWS IN BRIEF 2/4
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BUSINESS NEWS IN BRIEF 15/1
Azerbaijani investors eye Vietnamese marketAzerbaijani investors with strong financial capacity and professional performance are keen on landing investments in Vietnam, has said Anar Imanov, Azerbaijani Ambassador to Vietnam.In his remarks at a recent workshop themed “Meet Azerbaijan” in Hanoi, the Azerbaijani Ambassador highlighted Azerbaijani enterprises' advantage of plentiful capital and practical experience in implementing projects in Europe, adding that many are seeking investment opportunities in Vietnam.As one of the world’s leading crucial oil and gas producers and suppliers, Azerbaijan also has great potential to boost its bilateral cooperation with Vietnam in three key fields, including tourism, logistics, and agriculture. The diplomat cited a FAM tour jointly held by the Azerbaijan Embassy in Vietnam and Qatar Airways last year as a big effort to bolster tourism cooperation between the two countries.The FAM tour provided many Vietnamese tourism … [Read more...] about BUSINESS NEWS IN BRIEF 15/1
23 health stories that terrified us in 2018
In 2018, several medical discoveries were made and health myths were debunked. There were also several health horror stories that shook people to their core. Some of these stories were stranger than fiction, like leaky brains and hairy tongues. Others were more serious, like fewer people opting for vaccinations and more women being killed by people they knew. Warning: This post contains graphic images. This year marked many milestones in the health world. The Food and Drug Administration approved a drug that could treat migraines. Researchers made advancements in finding an effective form of male birth control. And some people were finally convinced that gluten isn’t as bad as they thought. But not all of the health headlines were hopeful. In fact, there were a number of health stories that were downright terrifying in 2018. Some of the stories were “stranger than fiction” scary, like a woman developing a hairy black tongue and a man blowing a hole in … [Read more...] about 23 health stories that terrified us in 2018
BUSINESS IN BRIEF 25/10
Petrol prices down slightly, those of oil unchanged Petrol prices decreased slightly, while those of oil remained unchanged after the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance on October 22. Specifically, prices of bio-fuel E5 petrol dropped by 224 VND per litre, and RON95 by 144 VND a litre. Those of diesel 0.05S, kerosene and mazut were kept unchanged compared with the previous adjustment. The prices of E5 are not higher than 20,682 VND per litre, RON95 not higher than 22,203 VND per litre, and diesel 0.05S not higher than 18,611 VND per litre. The ceiling prices of kerosene and mazut are capped at 17,086 VND per litre and 15,694 VND a litre, respectively. From July 7 to September 9, petrol prices were kept unchanged, while those of oil were adjusted slightly. However, after that, the prices of petrol rose two times with a combined increase of nearly 1,300 VND per litre. The petrol price stabilisation fund has been used constantly over the … [Read more...] about BUSINESS IN BRIEF 25/10
Struggling Sears files for bankruptcy; Arkansas Kmart among 142 closures
FILE - In this March 24, 2005, file photo Kenmore refrigerators are wheeled into the existing K-Mart in Nashua, N.H., to become a "Sears Essentials" store. Sears has filed for Chapter 11 bankruptcy protection Monday, Oct. 15, 2018, buckling under its massive debt load and staggering losses. The company once dominated the American landscape, but whether a smaller Sears can be viable remains in question. (AP Photo/Jim Cole, File) NEW YORK -- Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores, including the Kmart in Russellville, in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American retail landscape can be viable. Sears, which started as a mail-order catalog in the 1880s, has been on a slow march toward extinction as it lagged far behind its peers and incurred huge losses over the years. The operator of Sears and Kmart had 4,000 … [Read more...] about Struggling Sears files for bankruptcy; Arkansas Kmart among 142 closures