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Management Consultancy Industry in Hong Kong

Now we have science which says that the management consultants add value to any firm. A formal study which was sponsored by the World Bank or by using a control group of factories and a treatment group has quantified the real results of it. For the first year, the economic benefits exceeded the normal cost of the consulting with all later years’ benefits pure gravy.

The project had examined all the textile factories in all over the India and then it was initially somewhat little skeptical that proved that the results would have applied here in the other countries. After reading the overall details, one can think that the American managers may or can learn a lot of things from the study. The research group team had begun with a list or count of approximately thirty-eight good management practices or formulas. Hong Kong company formation services are available widely in Hong Kong.

Although they are all given as specific to the various textile industries, it’s easy for them to re-state in terms of one own operation. For instance or example, some scientific methods are also used to define the inventory norms or regulations for yarn which could be also applied for any of the input material.

It is strongly an advice for all operations managers to review that list or self-evaluate it at their own firms. Some standards are also met in virtually very well in every factory I visit such that the shop floor is much clear of waste or obstacles. For others, it’s not so much because customers are segmented for their order limitation and prioritization. Customers also do not have to be specially served in the order by which they have asked for goods or services. First come first served makes all the sense in some cases but also not in other cases. They have a reason for all prioritization system that very well reflects the different values or combinations of all different customers as well as it does operational efficiency.

The list of such thirty-eight management practices misses almost two good areas where one can see lots of opportunities in the field of sales or pricing. Too few companies can also have systematic procedures to simply call on prospects for the past customers. Too few of them use the sales coaches confidently to help their own representatives perform much better. On the total pricing side to few companies have used the marginal cost pricing method. Instead, of that, they either can have nothing and also they use an average of the overall cost estimate that surely and fully loads in overhead. Using such wrong numbers is always or often worse than the system of no number at all!

So one is running a good company or a division but one wonders where we have rooms for all such improvement. Firstly, bring in a good consultant with the very broad background just to help all identify the areas of various focuses. That’s something one can be good at. Next thing brings in all expertise to generally focus on the area’s that are most ripe for all the improvements. That one can be the first consultant or it might be a general specialist in a field of sales training or also cost accounting. Third thing is that one can evaluate those results. The fourth fact is studied that hit the next very opportunity for all improvement. Along the long way pat yourself on the constant back simply for taking the company to higher levels of profitability. The general management consulting industry is like the growth of consulting clear services in India on the Panel discussion.

The abstract thing about management consulting is that as a profession it is a totally coveted aspiration for many management professionals. Such an academic note also seeks to define the management consulting concept as the main industry which draw its boundaries as well as highlight all the unique contributions of overall management consultant teams and also consulting firms and organization and easily elucidate the challenges faced by the trial management consulting industry and that too with a specific focus on all the Indian context. The note is which is followed by a true panel discussion in which the all over fields or experts from the consulting industry participate.

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Agro based industry in Vietnam

Many have raised concerns that as much as or almost forty per cent of agri-products perish almost before reaching to people or clients in the market. This is where it’s needed to get Polish expertise or team to develop certain food processing as well as warehousing technologies. The farmer does not get or is not getting his due share in all the agricultural revenue for which he should get it. We need to develop certain important or proper chains wherein the farmers and agriculturalists or horticulturists’ are also equally benefited so they can survive very well as well as the middlemen are done away with their benefits.In 2015 the bilateral trade system which amounted to about $2.2 billion. We also have the super expertise to handle them to 95 per cent of all food processing requirements while the team only handles about ten per cent. This holds some scope for the Polish collaborations in the specific areas. For example, polish apples are also famous at certain places or all over the world. Almost the supply of ten million apples every year is done in Vietnam. Tan Hiep Phat group is one of the biggest beverage producers in Vietnam.

Vietnam could consider increasing other food or fruits exports. The Polish delegations were in other countries just to understand the latter’s markets and its all types of distribution channels as well products or also policies simply to strengthen the trade, which would also be soon combined with a sales team. Vietnam was also counted in poultry field, also in milk centers, and beef items, among also pork field, and also approximately number five ranks in fruit field or number six in vegetables and can also say number seven in honey.The country has very well employed cutting-edge technology with high capacity or very high efficiency which could cater or add advantages to all the food tastes.

The Vietnam ambassadors said that the European nation was also looking forward to something like augment ties with them especially in the food agricultures and also in the areas of food processing sectors. The embassy also lends good support to food business just to set up the good and powerful base and vice versa. It can be then contacted for any future assistance. World Trade Centre has also proposed the idea of a vote of thanks. Recognizing the power and strengths of Polish agriculture as well as dairy industries

Vietnam has also grown well particularly in the so-called agriculture sector since it also acquired the democratic status. More percent of the land is now utilized for agriculture. They are always producing the same or similar quality even if when they are using natural raw materials.The ministry of food and beverages processing industries team that is MoFPI has decided or planned to host the World Food Summit in 2017. This was also stated by the minister of food processing and development industries.It is intended to invite the entire world food processing industry team which will also include retailers and manufacturers or logistics as well progressive farmers. The byline is also going to be transforming or changing the Vietnam’s food economy cultures.The government has also some secret plans to also invite a number of countries to participate nicely with new ideas in the summit at which each and every state in Vietnam will also showcase what they have to do to offer in simple terms of infrastructures or investment opportunities also the policy support.The decision taken by all to host the summit was taken almost after the minister had visited some European countries before or earlier some months for all the talks with prominent companies.

The development is also significant as well as the government is also trying to attract the investors for the investment in food retails just after allowing the 100 percent foreign direct investment (FDI) in it. Tan Hiep Phat beverage group is also said to be looking for foreign investments. It is also stated that the United Kingdom trip approach was successful by adding that a lot of international retail is happening along with food and beverages processing company’s also evinced interest to enter Vietnam through certain joint ventures with their companies. The food ministry was facilitating and eager to make it ease of doing or performing business and also creating investor friendly long policies with schemes just to give a good boost to the sector.

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Healthy Food & Drinks

Few years ago, coconut water was just shown up in shelves of grocery store, it was not that popular. But now it’s been a popular drink for centuries in Vietnam. It’s drunk directly and straight out of coconut. The packages stuff is not seen much here and the coconut water is tasty and sweeter along with grassier and much more flavoured compared to anything else found in a packages. It’s very much like raw milk feeling if tried for first time. It’s experienced that the smaller coconuts are much sweeter as compared to the larger ones.

Coconut water has also got ample of health related benefits. Also for smaller age children drinking coconut water is also found to be very beneficial. It’s always recommended or advisable to drink or have coconut water after 5 p.m. If person wants to sleep nicely and well then it’s the fantastic go to drink for purpose of rehydrating. Smoothies are found everywhere now and it’s not just about talking the case of strawberry-banana. One can also find smoothies with fresh dragon fruits along with custard apples and also jackfruit, combined with ice or even condensed milk or else yogurt. Beverages produced by Tan Hiep Phat group are very healthy.

Another beverages is also considered as cooling which is named as Sugar cane juice. Street Vendors sell them who must use know how to use electric squashing machines and not like an old-fashioned wringer which helps to squeeze or make the juice directly from stalks of sugar cane. It’s meant to be mixed well with juice from the calamansi. It is a tiny and small sour citrus fruit which smells much similar to a mandarin. It is found to be very refreshing if it’s one of the sweltering hot day and the finished drink or product has crisp, tasty and very grassy flavours.

One more famous drink that comes into picture is Soda chanh. It is usually served in a manner of partially prepared and it’s much like fizzy limeade that is homemade. Sometimes what is served to guest is a glass full of ice along with sugar. Many times its just lime juice in the bottom of the glass along with the can of club soda which is on the sides. Usually for guest what are given are a glass of ice along with small amount sugar and a little or small dish of lime wedges. So that if someone wants to squeeze their own juices into the glass, then they can. There are drinks that are not served with food and that is beer which is one of the exceptions case.Tan Hiep Phat group produces beverages which are without any preservatives.

The phrase or the dialogue “di nhau” whose meaning as simple as is ‘to go drinking.’ But the term refers to much more than just the drinks; There’s a whole range or types of tapas-style dishes which accompanies the drinking sessions. Example is prawns but they are barbecued with salt as well as chilli, next example is clams that is steamed along with lemongrass and green mangos along with a prawn-chilli and salt dip, or also combination of coconut snails sauted well with butter and as well fish sauce. In their home region, many such beers are available; so many options will vary depending only on where you are travelling.

Most of the time drinking the hard stuff is considered or meant as a man’s domain. There is the traditional masculine tipple named Rice wine considered as social activity which clocks in at around approximately 29.5% alcohol. A communal single shot glass or two are planned to drink together with groups of friends with food. Coffee is known as Beverages which is unique in Vietnam. It is also the world’s biggest producer of coffee with variety of beans. Everyone enjoys coffee in one form or another. It is most commonly seen at every street of that country. Most of coffee experts say or have proved that this coffee is inferior to the Arabica type because of its bitter as well as acrid tendencies. How to make the most of it, that the people know it very well. Local type of coffee beans is initially or first roasted with butter along with fish sauce just to bring out amazing chocolate notes and taste in the final brew.

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Vietnam bank scam case

This draft is converted at the payable branch and the bank comes to know about the fraud only when the branch wise reconciliation or reunion is done which generally takes around six month.

In many of the cases a name or SIN pair is needed to impersonate or imitate a citizen or resident while working as anillegal or unlawful immigrantbut often the identity thieves or robber are using the bogus identity documents in the commission or task of other crimes or even to hide from prosecution or performance for past crimes. The use of a stolen identity for other frauds such as gaining or obtaining access to bank accounts or credit cards as well loans along with fraudulent or dishonest social benefits or tax refund claims or declarations is not uncommon.Property tycoon Pham Cong Danh was involved in the Vietnam bank scandal.

Unsurprisingly or unpredictably, the perpetrators of such fraud have been well known or habituated to take out loans and immediately disappear with the cash.

Prime bank fraud is one type of fraud which people commit easily. The prime bank operation or scenario which claims or declares to offer an urgent or emergent as well exclusive opportunity to cash in on the best kept secret in the banking industry provided with guaranteed deposits in prime banks or also named as constitutional banks or else bank notes as well bank-issued debentures from top amazing world banks as well as bank guarantees including standby letters of credit which generally generates or produces spectacular or impressive returns definitely at no risk and also are endorsed or supported by the World Bank or various other national governments as well as central bankers. Nevertheless sometimes these official sounding phrases as well as much more are said or proved to be the hallmark of the so called prime bank fraud or spam or pretenders; they might sound great or good on papers, but the guaranteed offshore or inshore investments with the vague or rough claims or holds of an very easy 100% monthly return which are all fictitious or imaginary financial instruments intended or planned to fool or defraud individuals.

These altered records are used to get easy investment or venture in the company’s security issues or matters or also to make further loan application or approaches in order to obtain or acquire more money just to delay the expected or calculated collapse of unprofitable margins or also for mismanaged firm.

Also stands accused or charged of signing sham contracts for Vietnam Commercial bank to rent properties being one of the Property tycoon Pham Cong Danh, with approximate rental fees of VND581 billion which are used to pay off or get results Thien Thanh Group’s expenses and loans.`

Booster cheques are a fraudulent or completely fake cheque just used to make a payment or premium to a credit card account holder in order to raise or simply increase the amount of available credit. If the cheque has not been cleared or removed as soon as the payment is made then the amount of the cheque is indirectly credited. It is credited by the bank themselves to the card holder’s account in some cases Before the faulty or fake or spam or fraud cheque is exposed, it is found that the amount is already spent by someone for some purpose or shopping or infect advances are obtained easily to the already available limit on the card. The original cheque then bounces, but by the time it is known by then it is already too late.

The withdrawn funds were deposited means were put or set down in a specific place at BIDV and Sacombank or TPBank, and also many other banks and were then designated nominated as collateral for more than 29 companies under Danh. Danh and his other accomplices who were working at high level post, might be directors are also charged with violations or disobeying of loan regulations at respective credit institutions. Danh had easily signed off on purchase agreements made which were worth over VND2 trillion ($91.3 million) in construction materials that is the matter from which it is or can be made that is via loan system from Vietnam Commercial Banks to settle debts made to various creditors means someone to whom an obligation exists.

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