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Workplace productivity improvements needed for economic competitiveness: Expert | Business

VCCI and the Japan International Cooperation Agency ( JICA) in Hanoi on April 28, part of activities launched by VCCI to improve workplace productivity at businesses. According to Loc, Vietnam’s workplace productivity has improved remarkably in recent years, posting a rise of 5.8 percent each year in the 2016-2020 period and exceeding the target by 0.8 percent. The country’s growth model has gradually reduced a dependence on the exploitation of natural resources, raw material exports, low-cost labour, and credit expansion, and begun relying on the application of science, technology, and innovation, he said. According to the International Labour Organisation (ILO), Vietnam’s workplace productivity in the 2011-2020

Japanese shares fall as investors look past upbeat corporate outlook

By Reuters Staff 2 Min Read TOKYO, April 27 (Reuters) - Japanese shares inched lower on Tuesday as investors looked past upbeat corporate outlook amid worries about the government’s handling of the COVID-19 pandemic, while chip-related stocks took cues from a positive finish overnight on the Nasdaq. The Nikkei share average inched down 0.15% to 29,083.82 by 0211 GMT, while the broader Topix slipped 0.37% to 1,910.83. “There are uncertainties on the effect of the state of emergency that is imposed on certain parts of Japan, as many people seem to be ignoring it,” said Takatoshi Itoshima, strategist at Pictet Asset Management. “Shares in companies, which reported positive earnings, are not rising. That means investors’ expectations for corporate outlook are too high.”

Bain Capital weighing bid to take Toshiba private - sources

Message : Required fields HONG KONG (Reuters) - Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said. The Japanese conglomerate on Tuesday dismissed a $20 billion buyout offer from CVC Capital Partners as lacking substance but said it would consider any credible offers. CVC had initially approached Bain about a joint bid before its offer was made public but Bain was not interested, one of the people said. Bain has entered into discussions with Japanese banks including the core units of Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group to secure funding, the person said.

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