Vu Trong Tai, general manager of Reed Tradex Vietnam What factors make Vietnam attractive for Reed Tradex? Over the past few years, Vietnam has been detected as a potential market for Reed Tradex. This year, the time is ripe for Reed Tradex to expand operations in Vietnam due to the robust manufacturing activities in the country. The ongoing trade war between the US and China has pushed more multinational companies to relocate manufacturing to Vietnam. At the same time, the recent trade agreements including the Comprehensive and Progressive Agreement on Trans-Pacific Partnership and the EU-Vietnam Free Trade Agreement/Investment Protection Agreement will open up opportunities for Vietnamese companies to enter new markets in the Asia-Pacific and Europe. However, most Vietnamese companies have small-scale investment and a low technology base so they are somewhat behind competition in pricing, quality, and technical content. As Vietnam is … [Read more...] about Reed Tradex unfolds wings in Ho Chi Minh City
25 cent wings
The Social Democrats led by Mette Frederiksen were the biggest party with around 26 percent of votes, based on 94.1 per cent of the votes counted.- AFP Photo COPENHAGEN — Denmark's opposition Social Democrats won on Wednesday's general election after a campaign focused on concerns over the climate, welfare and immigration, as support plunged for the far right and surged for the main green party. Liberal Prime Minister Lars Lokke Rasmussen, whose party has been in power for 14 of the past 18 years, conceded defeat after the Social Democrats emerged as the biggest party with 25.9 per cent of votes, giving the left-wing bloc a majority of 91 of the 179 seats in parliament, with 100 per cent of votes counted. Rasmussen's Liberal Party won 23.4 per cent of the votes, up almost four points since the 2015 election, but the rightwing bloc only took 75 seats. "We had a really good election, but there will be a change of … [Read more...] about Social Democrats win Danish general election, ousting right wing
Illegal lenders pass themselves off as legitimate consumer finance firms, giving the country an unwanted reputation On March 15, VIR will organise the third seminar on consumer finance in Hanoi, with the theme “Developing consumer finance as a solution to ward off shadow banking”. Experts in the financial sector, together with consumer finance executives, will answer questions related to this fast-growing industry. Topics include the current market size of Vietnam’s consumer finance segment, how personal consumption can be financed with legal lenders, and regulatory updates to ensure transparency for borrowers and lenders. The seminar will be live-streamed on VIR’s websites and social media channels. In Vietnam, formal financial services remain a luxury to much of the population. Informal providers, such as loan sharks or pawn shops, still thrive in rural areas and down small city alleyways. According to the World Bank, only 30 per … [Read more...] about Consumer finance spreads its wings
By Rachel Levin The New York Times Wed., Feb. 6, 2019 When Cassie Dippo’s family moved from the City of New York to the slopes of Alta, Utah, in 1965, she was 9 years old. The snow was dry and white and famously light and often so deep it reached well past her (and her father’s) waist. There were four chairlifts. Lift tickets were $4.50 (U.S.). And lining the road up Little Cottonwood Canyon were five simple, family-run, ski-in/ski-out lodges, all opened between 1939 and 1962. All of which, a lifetime later, have remained essentially the same, in esthetic and spirit and “modified American” meal plans. “Honestly, not much has changed here since I was a kid,” said Dippo, now 63, who remains an owner of the TV-free Alta Lodge, her family’s property. Until now. Fresh off a $50-million overhaul, the Snowpine Lodge reopens this week as Little Cottonwood Canyon’s first true luxury hotel. It appears to have everything any … [Read more...] about Major overhaul gives the Snowpine Lodge a new luxurious atmosphere.
Wednesday newsletters always feature a hotel or flight review. Today (January 23, 2019): Review of The Fontenay Hotel (Hamburg, Germany) Location: Google maps Hotel website: The Fontenay Hamburg Tip: get complimentary VIP perks when booking via Virtuoso In 1816, Hamburg-based shipbroker John Fontenay acquired a unique plot of land on the beautiful shores of the Alster lake in the heart of the city. Today, it is the site of the Fontenay Hotel, which offers lakeside luxury at its best. The Fontenay is a reflection of modern Hamburg: open-minded, cosmopolitan and exceptionally welcoming. A homage to the Hanseatic city, the luxury hotel is tailor-made for the many national and international visitors who come to discover and rediscover Hamburg. The hotel’s Hamburg-born star architect Jan Störmer titled his initial drawings ‘timelessly modern, modern classic’ and his fascinating, sculpture-like architecture mirrors the … [Read more...] about Review: The Fontenay Hotel Hamburg (Germany)