Contribution towards global prosperity in 2019 by country. Source: World Bank

Asiaphoria on down spiral

(ĐTTCO) - In 2013, the concept idea of ‘Asiaphoria’ was first introduced by Larry Summers and Lant Pritchett, both of who are professors at the Harvard Kennedy School in USA. As per their research, a consensus forecast of future global economy predicted a major shift towards Asia, especially towards two Asian Giants, namely, China and India.

Multitude factors play role in development of Eastern City

(ĐTTCO) - Ho Chi Minh City leaders are determined to see the development of a dream project of creating a high tech and modern ‘city within a city’. However, realistically the idea may take from ten to fifteen years to be fully actualized, as a multitude of factors need to be considered. 

EVFTA may boost flagging apparel industry

(ĐTTCO) - Vietnam will sign the European Union Vietnam Free Trade Agreement (EVFTA) in the National Assembly this month. This agreement is expected to boost the flagging textile and apparel industry. In the first quarter of 2020, the textile and apparel sector in Vietnam saw several companies face huge losses and slowdown in production.

DNY – Detrimental fall

(ĐTTCO) - The DANA-Steel Joint Stock Company-Italy (DNY) was once the biggest steel producer in the Central region and Central Highland region of Vietnam. However, soon after the company was accused of causing serious environmental pollution, DNY quickly lost its lead position and company shares plummeted.

New wave of business acquisitions not a concern

(ĐTTCO) - The sudden and widespread outbreak of the Covid-19 pandemic has caused many business stocks to plummet. This has been a serious cause of concern because it has led to a new wave of cheap buying and acquisition of businesses. This issue was discussed in detail with Mr. Dinh The Hien, (PhD) in a talk with Saigon Investment.
Global Cost of Coronavirus Could Reach $4.1 Trillion, ADB Says

Global Cost of Coronavirus Could Reach $4.1 Trillion, ADB Says

The cost of the coronavirus pandemic could be as high as $4.1 trillion, or almost 5% of global gross domestic product, depending on the disease’s spread through Europe, the U.S. and other major economies, the Asian Development Bank said.

The HCMC People's Committee has just revived the project at 628-630 Vo Van Kiet.

HCMC to revive pending real estate projects

After a recent meeting held between Ho Chi Minh City leaders and real estate business owners, a number of pending housing investment projects are set to revive.