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China is building a city bigger than Washington on 4 islands in Malaysia

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On four man-made Malaysian islands, Chinese developer Country Garden is building a huge new city. In one of the ads, the company bills it as “a dream paradise for all mankind.”

Called Forest City, the $100 billion metropolis will be able to accommodate 700,000 people. That’s about 20,000 more than the current population of Washington, DC — and it will have a density greater than Manhattan.

A new video taken by a drone offers a look at Forest City’s construction, which began in early 2016:

As you can see, a few apartment buildings and park spaces have already sprouted up, and some other towers are in progress. When Forest City is complete by 2040, it will have office buildings, parks, a transit network, hotels, restaurants, shops, schools, and 250,000 housing units.

While the mega-development sounds promising, several experts worry it could becomea ghost city, failing to attract the residents it needs to become a thriving metropolis. Since the 1970s, Chinese developers have built some-500 ghost cities in China. Forest City is expected to be the largest overseas project by a Chinese developer.

In April, nearly 60 home buyers , 70% of which are Chinese, cancelled their leases in Forest City, reportedly due to China’s increasing efforts to curb money from leaving the country.

As Business Insider previously reported, the supply of Forest City housing is outpacing demand. In 2016, Country Garden sold just 15,000 of the 250,000 Forest City residential units, totaling about $2.6 billion in sales, according to Yu Runze, the company’s chief strategy officer.

There aren’t many people walking around in the above video, but then again, Forest City is largely still under construction.

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’Don’t export livestock’: official

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VietNamNet Bridge – Vu Van Tam, Deputy Minister of Agriculture and Rural Development, tells Nong thon Ngay Nay (Countryside Today) newspaper that enterprises should only export processed products instead of live animals.



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Illustrative image — File photo

Does the Ministry of Agriculture and Rural Development (MARD) have any plans to promote exports of livestock products?

At present, the livestock sector is in the process of restructuring and we have emphasised the importance of technical requirements – particularly quarantines so that we can ensure that livestock products are safe for domestic consumption and export.

To achieve this, we should apply advanced techniques in livestock rearing so that we can lower product prices – a very important factor in fierce international competition.

I’m pretty sure that if we quarantine well while meeting importers’ food safety requirements, we’ll be able to increase the volume of our meat exports.

In my opinion, the most important thing for our livestock sector is to re-organise production. The Government should help livestock enterprises build farms free from epidemics and create close links between co-operatives/associations and individual households so that they can share their experience.

How well are diseases controlled among domestic livestock?

Since 2013 up to now, our livestock disease management is on par with other countries. We have been active in taking microbiological samples and creating epidemiological maps to help farmers and enterprises keep their livestock healthy. We have switched from passive epidemic prevention to active epidemic prevention. As a result, in the last few years, no more major epidemics have been reported.

Do you have any suggestions to help Vietnamese enterprises expand their foreign markets?

With our own experience, I suggest that if Vietnamese enterprises want to export meat, there are two major things they have to accomplish.

First, they should diversify livestock breeds. To do this, it is very important to establish close links between farmers, enterprises and government management agencies as well as trading companies so that they can share information.

Secondly, for livestock products, at the moment we should not focus on these products as until now we have not been able to fully control epidemic diseases, particularly some small sporadic diseases. I strongly recommend that we focus on the export of processed livestock products. Even Thailand can’t export fresh livestock products – but only processed products.

That’s why I strongly recommend that we should not try to export live pigs to China or elsewhere.

I recommend that we focus on exporting frozen meat, including sucking pigs and other products.

Finally, we should focus on building epidemic-free zones. When we have these zones established, we’ll then start to export some live animals. As we all know, quarantines for live animal products are very demanding. We need to have a good strategy for meat exports.

Does the Ministry of Agricultural and Rural Development have any ideas that can help livestock enterprises produce products that meet importers’ criteria?

We can do that, if the enterprises want it. Our ministry will hold annual conferences to hear opinions/suggestions from enterprises, local authorities, managers and scientists on how they want the MARD to support them.

What we should do right now is help them be able to respond to Technical Barriers to Trade. The MARD has assigned the National Animal Health Department (NAHD) to set up a working group headed by the director general of the Animal Health Department. Of course, members of the department will include representatives from the National Husbandry Department and other concerned agencies.

The NAHD will act as a focal point in helping enterprises export their livestock products. First, the NAHD will negotiate with their foreign counterparts about requirements for livestock products to enter their territories. After completing negotiations, the NAHD will then ask the enterprises to start writing their proposals. From then, the ball is in the enterprises’ courts. Of course, the NAHD is willing to support the enterprises if they need it.

The enterprises’ main task now is to look for local foreign counterparts in countries that they want to export to.

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Thailand Shopping & Dining Paradise 2017 receives supports from Air Asia

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Bangkok, 19 June, 2017 – The Thailand Shopping and Dining Paradise 2017, formerly known as the Amazing Thailand Grand Sale, has received support from AirAsia which today organised a ‘Top Shopper’s shopping challenge aimed at enhancing the kingdom’s positioning as a premier shopping and dining destination for global travellers.

Thailand Shopping & Dining Paradise 2017 receives supports from Air Asia (1)
Mr. Yuthasak Supasorn (center, right), TAT Governor and Mr. Santisuk Klongchaiya (center, left), Thai AirAsia’s Director of Commercial at the press conference to announce the partnership on the Thailand Shopping & Dining Paradise 2017 campaign

Mr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT) said, “This shopping challenge serves as a highlight of our Thailand Shopping & Dining Paradise 2017 campaign and showcases to foreign visitors a variety of shopping options in Thailand. The campaign is purposely organised during the Green Season, from June to September, as it is a time which tourism product and service operators, including airlines, department stores and shopping complexes, restaurants and other popular tourist attractions will be offering discounts and special privileges to shoppers.”

The ‘Top Shopper’ shopping challenge staged by AirAsia is set to strengthen Thailand’s image as a preferred destination for enticing cuisine, from local street food to fine-dining eateries, and also boost the kingdom’s recognition as one of Asia’s most enjoyable shopping locations, where visitors can enjoy unique Thai local experiences buying food and goods anywhere from premium department stores to community markets.

Thailand Shopping & Dining Paradise 2017 receives supports from Air Asia (1)
One of the three teams preparing for their shopping challenge

AirAsia brought in social media influencers and bloggers from Vietnam, Singapore and Hong Kong to join Thai bloggers in a shopping challenge at six leading locations in Bangkok. Three teams, each comprising five members – two bloggers from the respective…

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Experts recommend digitalisation of local small businesses

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Business leaders and experts discussed digital solutions to involve and integrate small- and medium-sized enterprises (SMEs) into the global market, at a conference in HCM City on Thursday.


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Effective use of technology and co-operation with experienced logistics suppliers will help Vietnamese SMEs grow in Asia and globally. 

The workshop was organised by the US-ASEAN Business Council and the Vietnam Chamber of Commerce and Industry (VCCI).

Sanket Ray, CEO of Coca-Cola Vietnam, said the conference served as a forum for US multinationals to share their digital marketing experience with Vietnamese SMEs.

Vo Tan Thanh, the VCCI’s director in HCM City, suggested that the State relook at policies to improve the business climate, focusing especially on programmes that would support enterprises in increasing their investment in science and technology, human resources development, renovation, creativity and financial digitalisation.

The Government is already making every effort to improve the business climate, Thanh added.

The VCCI has joined hands with Microsoft Vietnam in a project for Vietnamese SMEs to achieve sustainable development. The aim is to help enterprises access new business opportunities and cope with challenges related to sustainable development, Thanh explained, adding that the project would assist materials, services and trade firms.

At the event, experts said that retail was a promising sector in Vit Nam, thanks to the rising income of the middle-class and consumer confidence.

Effective use of technology and co-operation with experienced logistics suppliers will help Vietnamese SMEs grow in Asia and globally, they said.

Daryl Tal, CEO of UPS Vietnam Company, said online customers in Asia have a deep understanding of technology and catch up with technology trends quickly, so it is necessary to optimise the electronic supply chain to attract more customers.

In the 2017-18 period, Viet Nam aims to keep pace with other ASEAN nations in improving its business climate and promoting international integration, in the context of the fourth industrial revolution and economic digitalisation.  

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Self storage moves into the mainstream

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The self storage industry has a brief history in Asia compared with that in the more mature markets in Australia, Europe and North America, but evolution is following to this part of the world as the notion of storing personal belongings elsewhere catches on.

Self storage also provides a flexible alternative for businesses that do not want to sign long- term leases and prefer to rent an appropriately sized space from a service provider, instead of a large warehouse where much of the space may go unused.

Outside of Australia, the industry is most established in densely populated regional cities such as Hong Kong, Singapore and Tokyo.

However, the concept is also catching on in China and Taiwan, and in very early development stage in India and parts of Southeast Asia.

Self storage markets in Asia Pacific are quite diverse and facilities on offer may vary substantially from one market to the next.

In the broadest classification, facilities are either indoor or outdoor. However indoor facilities can be housed in a warehouse or other industrial buildings (Hong Kong, Singapore and India), lower grade office buildings (Tokyo) or general purpose commercial and even residential buildings (China and Taiwan) while outdoor facilities can include shipping containers.

Leasing and owner-occupation represent two different options for operators. Leasing is more common in the region as more operators prefer leasehold interests that present lower entry costs.

In general, JLL found that operators lease space for 2-3 years in Hong Kong, Singapore, Tokyo and Taipei, and up to 5 years in India and 10 years in China.

Visibility into asset pricing of assets is relatively low as there are few self storage facilities sales transactions outside of Australia.

Based on our estimates…

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Hanoi shops employ topless men to lure customers

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Many shop owners in Hanoi are hiring topless male waiters or hairdressers as a PR stunt to attract customers.



A restaurant on Thai Ha Street hired topless waiters to attract customers

The trend started at a restaurant on Thai Ha Street. The images of young men without a shirt on and hot body made many curious and went to the restaurant to see for themselves.

   

Tran Thai Linh, a local in Dong Da District, said she also went to the restaurant out of curiosity but then she was disappointed after discovering that the men only appeared for two minutes when the restaurant introduce new dishes.

Linh said the restaurant definitely hit the nail on the head as everybody liked beautiful things. The images were shared by women are those who came to the restaurant at that moment.

“I wasn’t there personally but it looked like both adults and children were at the restaurants while the topless waiters appeared. This may not be good for children as they are too young and people of different age groups also come here to eat and may find it offensive,” Linh said.

After the images and the video clip were shared widely on the internet, many people commented that the PR stunt was crude and that they prefer waiters in ties and shirts.

Nguyen Minh Hoang, head of the marketing department of the restaurants, said, “This is a private event to introduce new dishes. All 120 guests we invited are students and office workers age 18 to 35. However, some people who couldn’t attend gave their tickets to their relatives and acquaintances. That’s why there are elderly people and children.”

Hoang said the restaurants couldn’t exactly tell the guests to leave then. He said such private event had been held in many countries before but the restaurant failed to predict the unexpected outcome.

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Topless hairdressers hired for special event

Not long after, another clip was quickly shared on Facebook, showing hairdressers in only trousers and ties serving customers. Many said they would ask their friends to go to the salon.

Trinh Minh Hang from Quang Ninh Province said, “I needed my hair done and wanted to experience the service by those muscular and handsome men so I called the salon. However, they said the men were there for a special event and they only washed and dried your hair.”

Kim Anh, an office worker in Thanh Tri District, said at first she wanted to try too but then was persuaded by her friends that it was not very appropriate.   

Hanoi Department of Culture, Sports and Tourism fined the Tran Anh Company which runs electronic goods stores VND40 million (USD1,920) fast year for employing promotional girls wearing bikinis to greet customers last year. The company claimed that they just co-operated with a partner to make a sex education video series, and it was not a marketing campaign.

In 2012, VietJet Air was also fined VND20m for in-flight bikini show to celebrate its first flight between Ho Chi Minh City and Nha Trang.

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90-day visas for Medical visitors from CLMV nations and China allowed

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Thailand’s Ministry of Interior has approved 90-day visas for individuals and medical guests from Cambodia, Lao PDR., Myanmar plus Vietnam (CLMV) since well as coming from the People’s Republic of China. This has been place in place given that 22 March, this year.

Security beefed up in three southern Thailand coastal provinces

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Security officials in three coastal provinces along the Andaman Sea well known as tourist attractions have been put on alert for potential violent incidents by southern militants.