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HDBank continuously posted record high profit in 2016, making it the most successful case in the country’s bank restructuring.
South Korean Kolon Industries Inc., a subsidiary of Kolon Group, has been licensed to invest $220 million in a factory manufacturing KVT-1 industrial fabric for automobile tires in the southern province of Binh Duong.
Vietnamese steel firm Hoa Phat Group received approval on Monday to build a steel complex worth 60 trillion dong ($2.7 billion), the company said in an online statement.
The Vietnamese government has agreed to Samsung Display Vietnam’s (SDV) plan to pour an additional $2.5 billion into its AMOLED module plant in the northern province of Bac Ninh.
The US Department of Commerce said the revocation of anti-dumping (AD) order on certain frozen warmwater shrimp from Việt Nam would likely lead to a continuation or recurrence of dumping.
The southern province of Binh Phuoc is seeking investors to inject more capital into its 13 industrial parks and spur industrialisation, the People’s Committee said.
The potential collapse of the Trans-Pacific Partnership (TPP) trade pact may not impact Vietnam’s sovereign credit quality as much as was projected earlier, Moody’s said.
New foreign direct investment (FDI) approvals inched up in January after several months of decline, according to the General Statistics Office (GSO).
Hennes & Mauritz AB, H&M, the international fashion brand known for offering fashion and quality at the best prices in a sustainable way, has signed for the first store openings in Vietnam in 2017 at a site yet to be revealed.
Vietnam doubled its auto imports in the first half of January this year compared to what it did in the same period last year, thanks to lower prices and tax rates, according to official figures.
The government has made great efforts to be more enabling anresponsive to businesses. This has received a thumbs-up from international organisations, which believe it is a sign that brighter prospects lie ahead. Thanh Dat reports.
The central province of Khanh Hoa has designated Van Phong bay as a key area for economic, seaport and tourism development thanks to its great sea-based economic potentials.
