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The Ministry of Finance has issued Circular No 213/2012/TT-BTC to regulate the participation of foreign investors in the securities market and Circular No 212/2012/TT-BTC on December 5 to elaborate on the provisions of the decree relating to fund management companies.
Mergers and acquisitions are expected to boom this year in the consumer goods and real estate sector, say experts.
Despite its favorable demographics, the Philippines continues to miss out on a greater share of foreign direct investments (FDIs) due to a "restrictive” foreign ownership policy and "uncompetitive” business environment, British banking giant HSBC said.
As many as 185,000 businesses had been licensed in Ho Chi Minh City by the end of last year, five times the figure in 2006, according to Nguyen Van Ranh, head of the municipal Party Committee’s Public Relations Department.
Vietnam’s Finance Ministry and the Ministry of Strategy and Finance of the Republic of Korea (RoK) signed an agreement on cooperation for 2013 during their talks in Hanoi in January 2013.
The Government has just issued its first resolution in 2013 defining major solutions to realize the socio-economic development and budget estimate plan for 2013.
High land prices and frequent changes in compensation and resettlement policies have kept investors away from industrial parks in the southern city of Can Tho, the Dau Tu (Viet Nam Investment Review) newspaper has reported
- The Southern Electricity Corporation has announced that it will invest nearly VND4.5 trillion (US$225 million) in major power projects this year in efforts to ensure electricity for people in the region.
Idemitsu Kosan Co., a Japanese refiner, and its partners approved a $9 billion oil refinery project in Vietnam to meet rising demand in the country.
Mobilizing capital and management experiences from the private sector is a decisive factor for infrastructure development in Viet Nam, especially transport, says Deputy Transport Minister Truong Tan Vien.
Japan pledged to launch projects worth $700 million in Central Asia to help the resource-rich region promote trade, energy-saving and regional cooperation in stabilizing nearby Afghanistan.
