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LIBOURNE, France, March 31, 2025 /PRNewswire/ -- Ceva Animal Health (Ceva), the world's fifth-largest animal health company, announces the restructuring of its capital. All investors, whether "Friends of Ceva" or pure investors led by Temasek, have renewed their investment, demonstrating their confidence in the company's ability to continue its sustained growth. Ceva's management, led by Dr. Marc Prikazsky, has reinforced its participation and still retains the majority of voting rights, reaffirming the company's commitment to remaining independent. It is supported by a core group of long-term investors, known as "Friends of Ceva" ensuring a stable and committed shareholding structure for the group's development. With 7,000 employees, Ceva is a global leader in animal health, particularly in vaccination. Operating directly in 47 countries, the company delivers its products, services and equipment's worldwide to veterinarians, livestock professionals, and pet owners. To support innovation in animal health, the Bettencourt-Meyers and Mérieux, have increased their stake through the investment holding Téthys Invest and Mérieux Institute that joined forces with investment fund Mérieux Equity Partners. Canadian pension investor PSP Investments, a long-term investor in Ceva, has also significantly increased its ownership in the group. Other companies participating in the "Friends of Ceva" include Sofiprotéol, the investment branch of the French group Avril, the Japanese company Mitsui & Co., as well as some local investment funds and the Klocke family. The long-standing minority investors have renewed their commitment, demonstrating their confidence in Ceva's future. Leading this group of partners is the Singapore-based global investment firm Temasek, joined by French investors EMZ and Sagard, Asia-based HOPU Investments, and U.S.-based Continental Grain Company. This sixth funding round also welcomes the addition of the French investment fund ARCHIMED, led by veterinarian Dr. Denis Ribon. Specializing in the healthcare sector, ARCHIMED focuses on supporting companies in expanding internationally and accelerating their research programs. Since its founding in 1999, Ceva has grown its revenue fourteenfold, reaching €1.77 billion last year. Driven by innovation and deeply committed to preventive medicine, Ceva was the first veterinary company to develop and commercialize a cutting-edge nucleotide vaccine and invest in gene therapy for companion animals. Aware of its responsibility in addressing major global challenges, Ceva is strongly committed to reducing its environmental impact and promoting the preservation of animal biodiversity. "I am delighted to see that in this new round of financing, the management's participation, supported by the 'Friends of Ceva', is being strengthened alongside our historic financial investors and new entrants. Ceva plays a major role in animal health, particularly in the fight against emerging diseases, sometimes zoonotic, and in the treatment of chronic diseases affecting our loyal four-legged companions. At Ceva, we are convinced that we must continue to create bridges between different health sectors to protect the health of ecosystems and humans as well as global food security," said Dr. Marc Prikazsky, Chairman and CEO of Ceva Animal Health. Ceva would like to thank its advisors, Lazard, Rothschild, Weil, and Callisto, and their teams for their support. About Ceva Animal Health Ceva Animal Health (Ceva) is the 5th global animal health company, led by experienced veterinarians, whose mission is to provide innovative health solutions for all animals to ensure the highest level of care and well-being. Our portfolio includes preventive medicine such as vaccines and animal welfare products, pharmaceutical solutions for farm and companion animals, as well as equipment and services to provide the best experience for our customers. With more than 7,000 employees located in 47 countries, Ceva strives daily to bring to life its vision as a One Health company: "Together, beyond animal health". 2024 turnover: €1.77 billion Contact: Emilie Barrail, Head of external communication, emilie.barrail@ceva.com
DURBAN, South Africa, March 31, 2025 /PRNewswire/ -- Recently, Yangtze Optics Africa Cable (Pty) Ltd (YOA Cable) solidified its position as the largest optical fibre manufacturer in Africa following a significant expansion investment of optical fibre manufacturing facility, located at the Dube Trade Port in KwaZulu-Natal, a coastal South African province, marking a significant milestone in local optical fibre manufacturing and innovation. The expansion will also generate additional job opportunities, with about 25% of these positions focused on leadership roles and internships through YOA Cable's Learnership and Internship Programme. This initiative aligns directly with the Youth Employment Programme, underscoring our commitment to nurturing the next generation of professionals and contributing to the local economy. Working with other strategic partners, YOA Cable is now able to localise the supply of natural polyethylene supply. This is the first locally produced polyethylene product used in the manufacturing of optical fibre cable in South Africa, in more than 20 years. This is a first-hand example of the positive impact that localisation of the optical fibre supply chain can have. The facility's expansion directly responds to the growing demand for high-speed connectivity, fuelled by the rapid digital transformation across industries, including education, healthcare, e-commerce, and government services. It will be crucial in supporting South Africa's growing digital economy. With the rapid expansion of 5G and AI-driven technologies, the demand for high-speed connectivity has never been greater. With this increased scale, YOA Cable will now be at the forefront of this digital transformation in South Africa. This development will not only enhance scalability but also strengthen its competitive edge in an increasingly evolving market. The growth initiative will enable YOA Cable to tap into new opportunities beyond South Africa, including neighbouring countries where it has previously seen success, and further enhance efforts to contribute towards the country's skills development efforts in this highly specialized sector. The Government of South Africa has welcomed YOA Cable's investment in the country's digital infrastructure. According to Yunus Hoosen, Head of Invest SA within the DTIC, "this expansion marks a pivotal moment in the country's push towards achieving digital inclusivity and strengthening local manufacturing capabilities." Hoosen noted that the South African government views this investment as an integral part of the country's broader digital transformation strategy. The ongoing collaboration between the private sector and government, through initiatives like this, is helping to create a more connected, inclusive, and innovative economy for all South Africans. Local optical fibre cable manufacturing and expertise will enable direct collaboration with telecom operators and fibre network owners to develop fit-for-purpose products supplied cost effectively. In turn, this will be important in expanding broadband access, bridging the connectivity gaps, and particularly providing connectivity in remote and rural areas to enable greater economic participation. Since 2014, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) has significantly expanded international operations as a key component of the company's globalization roadmap. We now operate over 50 offices worldwide, establishing a robust global marketing and service network that extends across 100 countries and regions. We have established eight production facilities in six countries—Indonesia, South Africa, Brazil, Poland, Germany, and Mexico. The strategic distribution of facilities allows us to customize our operations to meet local demands effectively. These initiatives not only cater to local markets and boost economic development but also generate significant employment opportunities within these communities. At YOFC, we are dedicated to extending fibre optic connectivity to every corner of the globe. By partnering with industry leaders worldwide, we aim to advance the adoption of fibre technology, bridge the digital divide, and address developmental disparities. Our goal is to ensure that everyone has access to more reliable and high-quality network connections, fostering a digitally enriched quality of life for all. For more information, please visit YOFC's website - https://en.yofc.com/
HONG KONG, March 31, 2025 /PRNewswire/ -- Guo Guangchang, Chairman of Fosun International Limited (HKEX: 0656), issued a letter to its shareholders on 30 March, outlining the Company's strategic direction, accomplishments, and future plans. Dear shareholders, The year 2024 concluded successfully, thanks to the collective efforts of all Fosuners. Looking back on the past year, we sustained steady growth momentum and demonstrated robust resilience in the face of global economic fluctuations and market challenges. We continuously advanced our core business-focused and business streamlining strategy by divesting non-core assets and heavy assets to focus on core operations, reduce debt, and optimize our capital structure. The signed asset divestment amounted to approximately RMB17.5 billion equivalent at the group level, and approximately RMB30.0 billion equivalent at the consolidated level. In the course of asset divestment, the adjustment in the carrying value of an individual investment impacted our 2024 financial performance. Nonetheless, Fosun's overall operational fundamentals remain stable, the core businesses are under healthy development, and the industrial operation profits and operating cash flows stay healthy and stable. Looking ahead, we will further deepen our focus on core industries, leveraging our globalization and innovation capabilities to create long-term and stable value for our shareholders. Focusing on core businesses, achieving success through "strategic advancements and exits" Over the past few years, we have remained committed to our core business-focused and business streamlining strategy. While some companies and teams have bid farewell to the Fosun family during this period, I can assure you that we have never sold any company at a low price merely to offload assets. Their departure was not a result of hasty sale, but rather a deliberate decision made in line with our long-term strategy to sharpen focus on future development. Throughout this collaborative journey, we have consistently fostered win-win outcomes with our partners. The value achieved by these companies underscores our unwavering commitment and effective management over the years, continually driving enhancements to their intrinsic value. I am deeply grateful to the management teams who have led these outstanding companies forward, as their exceptional performance has enabled Fosun to navigate challenging environments with stability. In 2022 and 2023, we dedicated ourselves to a business streamlining strategy that reinforced our foundation and enabled us to advance with greater agility. In 2024, we placed greater emphasis on "balanced investment and divestment, strategic advancements and exits". While remaining committed to the divestment of non-core businesses, we also prioritized the "advancement" of our core operations, thereby ensuring sustainable growth for the Company and creating greater value for our shareholders. As a result, throughout the past year, we made notable "advancements" by focusing on our core industries. In health business, Fosun Pharma increased its stake in Fosun Kairos to 100%, which specializes in the research and development ("R&D"), manufacturing and commercialization of CAR-T cell therapy. In tourism and culture business, the ULTRAMED Hainan project in Sanya was officially launched, introducing world-class water entertainment facilities to create an AI-themed resort that integrates diverse experiences. Additionally, our proposal for the privatization of FTG was approved by a majority vote of FTG shareholders, allowing FTG to accelerate development with greater flexibility. With years of accumulation and thoughtful cultivation, we have ushered in key development opportunities for the two domestic insurance companies. The total premium income of Pramerica Fosun Life Insurance surged from RMB4,346 million in 2023 to RMB9,251 million at 2024, while Fosun United Health Insurance also experienced steady growth in premium income, and both companies achieved profitability. The continuous growth of these two companies has laid a strong foundation for Fosun's future development. After more than 30 years of steady development, Fosun has developed strong competitive advantages across multiple sectors and has gained a profound understanding of its core capabilities. Accordingly, we will concentrate on these competitive and advantageous industries, pursuing our vision of "helping global families live in health, happiness, and wealth until the age of 121". We will focus on "deep mining", which involves prioritizing the development of our core industries, including health, tourism and culture, consumption, and insurance, thereby achieving stable profit growth in the long run. Combining global growth momentum with global resources Fosun is both a practitioner and beneficiary of globalization. In 2024, our overseas revenue proportion further increased to 49.3%, and the number of overseas employees accounted for nearly half of the Group's total number of employees. In the past, we proposed combining China's growth momentum with global resources. Now, I believe we should integrate global growth momentum with global resources, along with China's competitiveness. We should fully mobilize our unique advantages in efficiency, innovation, resources, and costs, and combine them with global networks and capabilities. In terms of global expansion, all our segments achieved new breakthroughs. In health business, Fosun Pharma has evolved from adopting a "product export model" to establishing global operational capabilities that encompass the "comprehensive internationalization of research, manufacturing, and sales". Henlius has made significant strides in global market expansion. Taking the independently developed monoclonal antibody HANQUYOU as an example, it was approved for marketing in more than 50 countries and regions, and in 2024, it further expanded its commercial supply to the North American market. In insurance business, Fosun Insurance Portugal fully leveraged Fosun's "global organization + local operations" capabilities, with gross written premiums reaching approximately EUR6,172 million in 2024. Through overseas expansion, the proportion of Fosun Insurance Portugal's international business increased from less than 5% in 2014 to 29.8%. In cultural business, the Yuyuan Garden Lantern Festival celebrated its 30th anniversary and once again gained widespread popularity during the Year of the Snake edition, significantly driving overall consumption in the Yuyuan Garden commercial district during the Spring Festival. Following its successful overseas debut in Paris, France in 2023, the Yuyuan Garden Lantern Festival has embarked on another overseas journey in 2025. In January 2025, the Yuyuan Garden Lantern Festival themed lantern installation made a stunning appearance in Hanoi, Vietnam, commemorating the 75th anniversary of the establishment of diplomatic relations between China and Vietnam. This year, it will also be featured in Thailand, continuing to showcase the charm of oriental culture globally. In resources and energy business, Hainan Mining continued its international expansion, focusing on strategic resources. It successively acquired oil interests in Oman and proposed to acquire zirconium-titanium mine projects in Mozambique, thereby expanding its oil and gas business, enriching its strategic metal reserves, and broadening its profit channels. Driving long-term development with innovation We fully recognize that in today's fiercely competitive market, mere extensive and repetitive development is no longer adequate to overcome challenges and may easily result in the pitfalls of involution. We must enhance our competitiveness by developing core technologies through innovation to drive long-term development. Accordingly, Fosun firmly positions technology innovation as its strategic core. In 2024, the Group's total investment in technology innovation[1] reached approximately RMB6.9 billion. We have established more than 20 global technology innovation centers covering various industries and fields, continuously fostering the launch of new technologies and products. As time passes, our innovative achievements have evolved and undergone qualitative transformations. As one of the first Hong Kong-listed "18A" pharmaceutical companies which turned to profit through product sales, Henlius built on its initial profit in 2023 and maintained strong growth in 2024. It successfully achieved sustained profitability with a net profit of RMB820 million, representing a year-on-year increase of 50.3%. In early 2025, its core product, HANSIZHUANG (European trade name: Hetronifly®), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. In addition, Intuitive Fosun's Ion Robotic Bronchoscopy ("Ion System") was launched in China, enabling more lung cancer patients to achieve early diagnosis and treatment in a minimally invasive manner. Furthermore, the high-end tourist train "Silk Road Express" officially commenced operations, making it the first international luxury sightseeing train in China and filling the gap in the domestic market. Last year, I shared our perspectives on the artificial intelligence (AI) era, and we were envisioning its potential. This year, the application of AI has rapidly infiltrated various aspects of our lives, developing at a pace that far exceeds our expectation. Fosun's approach to AI is not to develop a large model by ourselves, but rather to deeply integrate AI technology into our diverse scenarios to drive innovation and enhance efficiency. For instance, Fosun Pharma launched the PharmAID decision intelligence platform, which integrates information extraction, patent insights, business forecasting, and more. With data updated at T+1, it supports accurate and efficient decision-making to accelerate and improve the drug R&D. Sisram is also exploring the use of AI for precise skin analysis and personalized skin care solutions. The ULTRAMED Hainan project is set to create the world's first AI-themed resort by utilizing AIGC technology for guest room customization. It will also introduce the digital human G.O (Gentle Organizer) service to enhance tourist experience. Regarding corporate operations and management, I encourage Fosuners to consider how to fully integrate AI into daily work comprehensively for more precise decision support and strategic assessments. Harnessing the flywheels of "insurance + industry + investment", leveraging operational capabilities to implement the asset-light strategy To achieve more effective resource allocation and drive sustainable value growth, we have integrated Fosun's profound industry expertise, extensive investment experience, and high-quality commercial resources with the operations and investments of insurance companies, forming a three-dimensional "insurance + industry + investment" flywheel-driven strategy. The collaborative growth of domestic and international insurance companies and Fosun's various industries has laid a strong foundation for the "insurance + industry + investment" flywheel-driven strategy that we have always advocated. At the same time, Fosun's unique ecosystem synergy model further amplifies the flywheel effect. In 2024, we successfully implemented the "health care + insurance" ecosystem policy model, with 14,000 community health care policies sold, totaling premiums of RMB12.85 billion. Fosun Care achieved profitability for the first time, laying a solid foundation for flywheel development. As part of our strategic direction, we made significant progress in asset-light operations in 2024. Fosun Pharma together with the Shenzhen Guidance Fund and other investors established a RMB5.0 billion biopharmaceutical industry fund to jointly promote the high-quality development of the pharmaceutical and healthcare industry in the Greater Bay Area. In addition, FTG's Taicang Alps Resort Phase II project, Jinsha Bay project in Dapeng New District, Shenzhen, and other projects were signed and commenced in 2024. Objectively, given the current market environment, heavy asset investments using our core capital do not yield returns that align with capital costs. However, low-cost funds, including those from insurance, inherently require heavy asset allocations. Therefore, to bolster our asset-light operations, it is essential to strengthen cooperation with insurance institutions and others, empowering our investment and operational capabilities. Healthy financial position, "Contribution to Society" through ESG initiatives We adhere to a prudent financial management strategy, continuously optimizing our capital structure and financing channels to gain the trust of capital markets. During 2024, Fosun repaid a total of RMB11.1 billion equivalent matured public bonds in onshore and offshore markets. We sincerely thank both domestic and international investors, as well as financial institutions, for their continuous recognition over the years. During 2024, we successfully issued USD300 million offshore bonds and obtained a sustainability-linked syndicated loan. Looking ahead, we will continue to capitalize on favorable interest rates through meticulous management and prudent leverage control. We will remain focused on divesting non-core and non-strategic assets, reducing the Group's interest-bearing debts, and strengthening our resilience to economic cycles, striving to attain "investment grade" ratings at the earliest opportunity. Fosun remains steadfast in its commitment to "Self-improvement, Teamwork, Performance, and Contribution to Society" and "Developing Business for Good". In 2024, we officially launched the "Create IMPACT" sustainable development strategy to closely integrate commercial value with social value. The "Rural Doctors Program" initiated by Fosun Foundation was recognized as an excellent case for sustainable development practice by the United Nations, serving as a model for enhancing primary healthcare and showcasing the international impact of Fosun's philanthropic efforts. Fosun Pharma has supplied a cumulative total of over 400 million doses of Artesun® (artesunate for injection) to the global market, saving more than 80 million severe malaria patients worldwide. Our sustainable development practices have also received recognition from international authorities, with an MSCI ESG rating maintained at AA for four consecutive years. In the future, we will continue to advance the "Create IMPACT" strategy and actively contribute to global sustainable development. Looking ahead to 2025, despite still facing certain pressures, we have begun to see signs of recovery in the broader market, and our results have reflected this trend. During the Spring Festival, Atlantis Sanya achieved an outstanding occupancy rate of over 98%; Tuopai T68 baijiu recorded an 80% year-on-year increase in sales revenue, thanks to its superior price-to-quality proposition; our Club Med winter resorts in China and Hokkaido, Japan continued to experience strong demand throughout the peak season. These achievements reinforce our great confidence in future development. We extend our heartfelt gratitude to our shareholders for your unwavering understanding and support over the past year. We are well-prepared to tackle challenges and pursue progress through "strategic advancements and exits", while continuing to deepen our development in core industries. We are confident in our ability to maintain steady development, create long-term value for our shareholders, and contribute to healthier, happier, and wealthier lives for families worldwide. Guo Guangchang30 March 2025 [1] It includes scientific research investment (expensed and capitalized) but excludes digitalization expenses.
BEIJING, March 31, 2025 /PRNewswire/ -- "I'm very honored to have the opportunity to witness the production process of Dehua porcelain. This has deepened my understanding of Chinese culture," said Evan Kail, an American friend of China, during his hands-on ceramic experience on March 19 in Dehua County, southeast China's Fujian Province. Photo shows Evan Kail admires Dehua ceramics in Dehua County, Quanzhou City in southeast China's Fujian Province. (Source: Dehua Converged Media Center) In 2022, Kail donated a photobook documenting the behaviors of Japanese forces in China during World War II. In recognition of his contribution, he was presented with a Dehua porcelain artwork designated as a national gift. Later, he showcased this gift at China Media Group's 2025 Spring Festival Gala, introducing its elegance to millions. During his recent visit to Dehua, the birthplace of plain white porcelain famously dubbed "Blanc de Chine" or white from China, Kail delved deep into ceramic heritage. "Dehua white ceramics are not just art. They are bridges for cultural exchanges between China and the rest of the world," he remarked. Xie Jinhua, creator of the porcelain gift Kail received, stated that this artwork exemplifies Dehua porcelain-making techniques. He moved on to note that the pure white clays with jade-like glaze embody China's traditional culture, conveying good wishes to friends across the world. Historically, Dehua porcelain wares were cornerstone exports on the Maritime Silk Road during the Song and Yuan dynasties (960-1368). Today, they continue the role as cultural exchange emblems, selected as Paris 2024 Olympic Games merchandise and presented as state gifts and mascots for many international events. As a "World Ceramics City", Dehua now boasts an annual ceramic output value of 66.3 billion yuan (about 9.1 billion U.S. dollars), with over 60 percent of its products shipped to more than 190 countries and regions. The county has taken moves to expand overseas markets, including establishing seven white porcelain promotion and exhibition centers in places like Singapore, Kuala Lumpur, and Malacca, and organizing international showcases in Malaysia, the United Arab Emirates, and France among others. Dehua will keep going global, using its ceramics to build global understanding of China, said Fang Junqin, head of Dehua County.
Webull's new SMSF offering allows investors to preserve performance by avoiding unnecessary fees Webull SMSF accounts gain access to zero brokerage fees on over 3,500 US and Australian ETFs Enhanced portfolio management tools for SMSF accounts, including auto-investing, DIY portfolio management, and cash management to help manage investments for retirement SYDNEY, March 31, 2025 /PRNewswire/ -- Webull Securities (Australia) Pty Ltd ('Webull Australia'), a subsidiary of Webull Corporation, the owner of the popular Webull trading platform, today announced the launch of its Self-Managed Superannuation Fund (SMSF) offering in Australia. This new offering makes SMSF investing easier by providing a platform with no monthly fees while offering advanced features like live streaming ASX prices, live support, free trade ideas, and Webull's Learning Centre alongside a range of screening and charting tools. On the Webull platform, Australian investors can now manage their SMSFs and other key investments in one place. With $0 commission trading on ASX and US ETFs, full portfolio control, and comprehensive investment tools, Webull aims to improve market accessibility for SMSFs, especially for younger investors looking to lower costs, while gaining more control over their super fund and retirement savings. Lower costs improve gains Lower brokerage fees, commission-free trading on over 3,500 ETFs and zero monthly platform costs reduce the overall running expenses of an SMSF, which, in turn, can help investors improve the SMSF's annual performance. Regulatory and other fees may apply. While lower fees are attractive to SMSF investors, the usual payoff is a no-frills trading platform. But SMSF investors need more tools and more control, not less – for this reason, we've built a full-service suite that allows for institutional-grade cash management, professional trading tools and live support, alongside features that are associated with platforms that charge high monthly fees," says Rob Talevski, CEO of Webull Securities Australia. "We believe that Webull offers the ultimate trading and investing portal to house and manage SMSF investors' cash, equity, ETF, warrants and options holdings, allowing investors to log in and get full control over their investments." Meeting the Growing Demand for SMSF and Company Accounts Listed shares and cash are the two biggest asset classes for SMSFs in Australia, which has resulted in greater demand for services that support these investments. Younger investors, in particular, are driving this trend, as they seek platforms that minimise fees and maximise control. By providing a flexible, low-cost, and transparent platform, Webull is ensuring that Australians can plan for their retirement on their own terms, without unnecessary costs eroding their long-term SMSF performance. To find out more, visit www.webull.com.au/smsfs ENDS Media contact:Cognito for WebullWebull@cognitomedia.com About Webull Australia Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (ASIC). As a trading participant of both the Australian Securities Exchange (ASX) and Cboe Australia, and a principal member of the Stockbrokers and Investment Advisers Association, Webull ensures the highest standards of service and security. All client funds are securely held in client money trust accounts at an approved Authorized Deposit-taking Institution (ADI), and all Australian shares are CHESS-sponsored. About Webull Group Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves more than 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.
HANOI, Vietnam, March 31, 2025 /PRNewswire/ -- Business management software Odoo wrapped up successful Business Shows themed "Explore and Grow Business Potential Through ERP System" in Hanoi and Ho Chi Minh City together with sponsoring partners A1 Consulting, SGH Asia, Portcities Việt Nam, and customers fashion retailers BOO, Kính Mắt Anna, and Thế Giới Skin Food. Greeting 750 industry pioneers in person, Odoo announced the €500 million transaction led by CapitalG and Sequoia Capital and showcased its latest product version, Odoo 18. Odoo received 750 industry pioneers at Business Shows 2025 in Hanoi and Ho Chi Minh City. Live Product Showcase Guests in attendance witnessed Odoo's capacity to centralize sales, projects, inventory, and more business management online in real-time into one platform, as well as flexibility in low-code customizations for different sectors to optimize operational efficiency in the modern workplace. Scalable yet no less comprehensive, Odoo powers through every stage of its customers' business expansion, supporting each operation with one of the thousands of official and third-party apps. Implementation Partner Panel & Customer Testimonial "Odoo offers an open-source, flexible, and comprehensive suite to manage business. As local partners, our job is to ensure a seamless digital transformation with clear roadmap and support," said Nguyễn Đình Anh, Hanoi Branch Director & Head of Delivery of A1 Consulting. During the partner panel, Odoo's local implementers, A1 Consulting, SGH Asia, and Portcities Việt Nam stressed digital adoption importance in modern business. Given Odoo's flexibility, partners acknowledged Odoo as a choice for SMEs to transform digitally, scale businesses, and exchanged tips on smooth transition. CTO of BlueOcean Trading Limited and legal presenter of Thế Giới Skin Food, Tony Lê Thảo, testified onstage in praise of the software's power to unify all retail business activities into one platform, backing faster communication. Off stage, local fashion and accessory houses BOO and Anna Eyeglasses shared their experiences utilizing Odoo for integrated sales, inventory, and finance management over the latest fashion and business trends. View Odoo's upcoming event schedule to connect with your local IT service providers and industry leaders, or schedule an online call with Odoo to learn more about its services in Vietnam. About Odoo With 70+ official apps and 57k+ third-party apps, Odoo manages businesses' finance, sales, inventory & manufacturing processes, human resources, marketing, team productivity, and more. The Belgian open-source service provider operates in 19 countries and regions worldwide, including the United States, Indonesia, Dubai, and Hong Kong SAR.
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