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Private equity group Masan (MSN) announced on July 2 that US investment fund TPG Growth had entered into definitive agreements to acquire a 49 percent stake in its Masan Agriculture arm.
At least 10 foreign investors have rented over 82ha of land illegally in the Mekong province of Ben Tre, the provincial authority of Ben Tre has said.
While Vietnamese traders flee from commercial centers because of losses, foreign investors have contrary moves. Giant retailers are eyeing shopping malls in new urban areas in preparation for a long-term war.
Despite the domestic stock market being shaken by sizeable withdrawals of foreign capital, many analysts believe Viet Nam will remain an attractive destination for foreign investors.
Eight Indonesian state enterprises are interested in doing business in Vietnam by establishing cooperation with local companies or through investment, ANTARA News has reported.
Domestic paper companies have been asked to invest in new production lines to save long term costs and improve quality as a number of larger foreign firms have recently entered the industry.
The Da Nang Rubber Joint Stock Company inaugurated a major new steel radial tyre plant in the central city’s Lien Chieu Industrial Park on June 29.
Vietnam and Egypt have agreed to increase the exchange of delegations in order to boost trade ties between the two countries.
Viet Nam and Thailand have issued a Joint Statement on the official visit to Thailand by the General Secretary of the Communist Party of Viet Nam Nguyen Phu Trong.
The IT chip maker Intel Products Vietnam Ltd hosted a fair at the Ho Chi Minh City Hi-tech Park (SHTP) on June 25 to seek more local suppliers to support its operations.
The State would gather the strength on key maritime projects to serve the sea-borne economy development strategy, according to Nguyen Nhat, Head of the Vietnam Maritime Bureau.
