Shoe exporters told to foster trademarks Business

Shoe exporters told to foster trademarks

Despite being the world's third-largest producer of leather and footwear, Vietnamese businesses in the industry have not been successful in building global trademarks, industry officials have said.

Senior staff restructuring overcomes crisis

Economic challenges in the post-global financial crisis period had forced many businesses to restructure their management apparatus with an aim of gaining new energy capable of driving firms to surmount current difficulties.

The biggest recent changes in high-ranking staff were noticed in the fields of finance and technology. Gtel, Microsoft, Lenovo, FPT, VTC, VDC, “giants” in the information technology, all had new managing directors.

Trade villages fight to survive

Trade villages in northern Hai Phong City are struggling to develop their own trademarks and some have had to "borrow" popular brand names from other trade villages for their products to be accepted in the market.

Diageo buys into local distiller

Diageo, the world's leading distiller, will pay 51.6 million USD to acquire a 23.6 percent stake in Hanoi Liquor Joint Stock Co (Halico) currently held by VinaCapital's Vietnam Opportunity Fund.

VIB launches new business strategy

The Vietnam International Bank (VIB) has officially launched its business strategy for the period 2009-2013, by announcing a new strategy and a new logo with the slogan “a-dedicated bank” in Hanoi on September 9.

Local players remain dominate in real estate

Local investors will continue to be the main players in the real estate market in the short and medium term, and will seek assets from foreigners looking to leave the market, an international conference heard on July 26.

Managing director of CB Richard Ellis Vietnam Ltd Co, Marc Townsend, told the Vietnam International Real Estate Conference in Ho Chi Minh City that more real estate assets will be offered for the sale in the near future.