Synopsis In a stock exchange notification, Kolkata-based Emami said the investment was in line with its strategy to invest in the health and wellness segment and would also help the company enter the juice segment. It has acquired a stake in Axiom Ayurveda and its associates. Emami Ltd announced on Thursday it has acquired a 26% stake in Axiom Ayurveda in an all-cash deal for an undisclosed amount, marking its entry into the packed juice business. Axiom Ayurveda sells beverages under the brand name AloFrut . Empower Your Corporate Journey with Strategic Skill Courses Offering College Course Website Indian School of Business ISB Venture Capital and Private Equity Program Visit MIT MIT Technology Leadership and Innovation Visit IIM Kozhikode IIMK Financial Analysis & Financial Management Visit IIM Lucknow IIML Advanced Programme in Human Resource Management Visit In a stock exchange notification, … [Read more...] about Emami acquires 26% stake in Axiom Ayurveda in all-cash deal
Hanoi, Beijing step up cooperation in various areas
Dung suggested the further exchange of visits, especially those at the highest level, in order to keep strengthening mutual understanding and trust, as well as to provide direction for the healthy and stable development of the Vietnam-China relationship. He proposed continuing to follow common perceptions reached by the two Party leaders and the Vietnam-China Joint Statement, as well as the leaders’ directions in order to enhance bilateral substantive cooperation across various fields and encourage localities to increase friendship and mutually beneficial cooperation. It is a need to cultivate ties between the two capitals via effectively following the Memorandum of Understanding (MoU) on cooperation between Hanoi and Beijing signed in 2022 and other MoUs between their units and agencies, he said, calling for increased exchanges at all levels and jointly holding activities marking the 30th anniversary of the friendship between the two capitals. Agreeing with Dung’s proposals, … [Read more...] about Hanoi, Beijing step up cooperation in various areas
Vietnam, Chile eye stronger friendship, cooperation
During his stay in Chile, N.A. Vice Chairman Phuong held talks with President of the Senate of Chile Juan Antonio Coloma, Vice President of the House of Representatives Daniella Cicardini, and met with President of the Communist Party of Chile Lautaro Carmona. He had working sessions with other officials from the House of Representatives, the Chilean Navy, and the Chile – Vietnam Friendship Parliamentary Group. At the meetings, Phuong congratulated the government and people of Chile on the achievements across all economic, political, and social fields they have attained under the leadership of the ruling left-wing coalition. He thanked the Chilean people and progressive, left-wing forces in the Latin American nation for their solidarity and support for Vietnam in its struggle for national independence and re-unification in the past and national construction and development today, while affirming that the Vietnamese N.A. will continue to support the Government in strengthening … [Read more...] about Vietnam, Chile eye stronger friendship, cooperation
Vietnam, Colombia ink MoU on trade, investment, industrial cooperation
The signing of the MoU marks the first time the two countries have established a mechanism of joint economic commission, thus creating an official and comprehensive channel for periodic dialogue, reviewing cooperation, addressing issues, and discussing measures to promote economic, trade, and investment cooperation. Speaking at the meeting, Hai spoke highly of development in bilateral trade relations, emphasizing that Vietnam considers Colombia an important partner in the Latin American region and is ready to collaborate with the country to implement measures towards boosting trade, economic recovery, and global supply chain connectivity. For her part, Vargas expressed her satisfaction with the positive developments in Vietnam - Colombia trade relations in recent years, especially in the context that the two sides have been cooperating and supporting each other in international organizations, multilateral forums, and regional cooperation mechanisms. The positive growth of two-way … [Read more...] about Vietnam, Colombia ink MoU on trade, investment, industrial cooperation
Heavy rain hits north Vietnam, halting traffic in Hanoi
HANOI - Heavy rain from a tropical depression hit northern and north-central Vietnam, causing flooding that halted traffic in the capital Hanoi and sparked warnings of landslides on Thursday (Sept 28). Some Hanoi districts recorded up to 250mm of rain on Thursday morning, according to the national weather centre. The premier's office directed provincial authorities to take action to protect residential areas that faced a high risk of landslides and flash floods. Downpours have pounded Hanoi since early Thursday morning, submerging streets, Reuters witnesses said, with traffic turning chaotic at intersections and flood waters rising calf-high in some districts. Video on local media showed cars and motorcycles abandoned in Hanoi streets, while footage of northern provinces showed fast-flowing, mud-brown water, and schools and homes damaged and soaked in flood water. A conference on Thursday morning organised by Eurocham was delayed by about two hours because speakers, including … [Read more...] about Heavy rain hits north Vietnam, halting traffic in Hanoi