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News

No investment channel can bring positive profit: economist

  • The asset bubble due to massive capital inflow has brought disadvantages to Vietnam economy over the last decade, according to Dr Huynh The Du, director of the Fulbright Economics Teaching Program (FETP).
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Vietnam business group calls for tight rein on foreign retailers

  • A group of businesses in Ho Chi Minh City has complained about the arrival of many foreign retailers recently, claiming they are given a loose rein to expand at a pace that will eventually hurt local companies.
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Thai developer Hemaraj plans 2 industrial parks in central Vietnam

  • Hemaraj Land and Development Pcl., one of Thailand's top industrial real estate developers, is seeking permission to build two massive manufacturing zones in the central province of Nghe An, the provincial government's website reported on Wednesday.
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Thai developer Hemaraj plans 2 industrial parks in central Vietnam

  • Hemaraj Land and Development Pcl., one of Thailand's top industrial real estate developers, is seeking permission to build two massive manufacturing zones in the central province of Nghe An, the provincial government's website reported on Wednesday.
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HCMC leader wants city to up competitiveness

  • Authorities should work hard to improve HCM City’s ranking in the provincial competitiveness index (PCI), the city leader said on Thursday.
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Russia completes ratification of EAEU-Vietnam FTA

  • Russian President Vladimir Putin put his signature to ratify the free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Vietnam on May 1.
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South Korea, Japan, Singapore scouting for real estate opportunities in Viet Nam

  • On April 12 South Korean securities firm Mirae Asset Securities Co. announced it would join hands with global investment company AON BGN, a former AON Holdings, to take over Keangnam Ha Noi Landmark Tower in Ha Noi.
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Korean firms shift overseas business focus to Vietnam

  • The Republic of Korea’s (RoK) consumer goods firms are shifting their overseas focus to Vietnam, increasing investment and aggressively opening new branches, Yonhap news agency quoted industry watchers in an article on May 2.
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Đà Nẵng gets ready for APEC Summit

  • President Trần Đại Quang ordered central Đà Nẵng city to co-ordinate with relevant ministries, sectors and localities to gear up for the Asia-Pacific Economic Cooperation (APEC) Summit next year.
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FDI tops $6 billion in four months

  • Vietnam received as much as $6.886 billion in foreign direct investment (FDI) by April 20, a year-on-year surge of 85 percent, according to the General Statistic Office (GSO).
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9 foreign funds buy into Vietnam's top mobile retailer

  • Nine foreign funds have acquired more than 4.4 million shares, or a combined stake of around 3 percent, in one of Vietnam's biggest mobile retailers -- The Gioi Di Dong (Mobile World Group).
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Canada energy firm eyes $150 mln solar power plant in Vietnam

  • Canadian company CMX Renewable Energy Inc. has sought a license to build a 150-megawatt solar power plant in the central province of Ninh Thuan at an estimated cost of US$150 million, news website Dau Tu reported Sunday.
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Vietnam driving consumer electronic sales in Asia Pacific: GfK

  • Half of all internet users in the Asia Pacific region purchased at least one consumer electronics product online in the past year, with Vietnam one of the region’s strongest drivers of consumer electronic sales, a recent study by GfK has revealed.
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Business law reform in focus

  • Prime Minister Nguyễn Xuân Phúc on Monday chaired the first meeting with ministerial and sector leaders in Hà Nội seeking to remove obstacles to the enforcement of Laws on Enterprises and Investment.
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