Want to be in the loop?
subscribe to
our notification
Business News
KEEPING IT THE FAMILY
We are pleased to share with you the article “Family-owned business: Inheritance and Development” published on Dau Tu Chung Khoan Journal Vol. 97, which focuses on the succession planning – a major concerned topic of many family firms.
In the article, Mrs. Trinh Thi Tuyet Anh – Business Development cum International Liaison Director – together with experts from Grant Thornton International show their points of view on the sensitive situations in which a family-owned business may face in their process of appointing new leaders. At the same time, comprehensive explanation on the root causes of the issues as well as useful advice on a more effective planning process have been introduced in details to readers. “Serious consideration should be spent on succession planning. This is a process which should not be let happen naturally. Instead, it needs to be carefully planned, organized and requires a very solid structure to control, making sure that it facilitates business growth and maintains the longevity of the business for succeeding generations”, says Mrs. Tuyet Anh.
Read more about the article here.
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
MEMBER CORNER / PROMOTIONS
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
VIETNAM ECONOMY INVESTMENT
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
PROPERTY / INDUSTRIAL ZONE
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
VIETNAM ECONOMY INVESTMENT
DA NANG CUSTOMS FOCUSES ON DEVELOPING CUSTOMS-BUSINESS PARTNERSHIPS
Da Nang Customs Department issued an action plan for developing customs-business partnership in 2024. One of the new events this year is the workshop on “Settlement reports for enterprises engaged in outsourcing, export production and export processing” held in Da Nang Customs Department on April 16, 2024.
Events Sponsors
