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Experts believe that the merger and acquisition (M&A) market would see a boom in the second half of 2012 and in 2013, when a lot of big deals would be wrapped up.
A seminar to promote US investment in Vietnam’s northern province of Vinh Phuc was held in Washington on July 23, 2012
Vietnam is still ranked among the 20 top prospective host economies for foreign direct investment.
A new highway is currently being constructed by 2 local goverment to shorten the travelling distance from Hanoi to Hai Long Bay to only 125km. This will mean that in 2 to 3 years time, it will only take 1.5hrs to travel between 2 cities.
June CPI saw the first actual m/m drop in CPI since March 2009. June CPI was down 0.26% m/m and eased further to 6.9% y/y. Four sub-indices saw an actual drop m/m including food&foodstuffs; accommodation & construction materials; transport & telecom and cultural & recreational items.
HSBC Vietnam Manufacturing PMI dipped to 46.6 in June, down from 48.3 in May. The index has now posted below the neutral 50.0 value for three months running.
The Vietnam’s Business Confidence Index (BCI) in the second quarter of this year rose seven points over the previous quarter.
Nearly 70 per cent of listed companies suffered losses in the first quarter of this year, yet listed companies as a whole have managed to pay dividends in the first half of the year totaling a combined VND23 trillion (over US$1 billion), according to a report in the publication Dau tu Chung khoan (Securities...
Ho Chi Minh City is striving to achieve an annual growth rate of 10 percent in 2012 while controlling inflation, stabilizing the macro-economy and ensuring social welfare.
Hundreds of foreign-invested enterprises that need to have their business operations re-registered will be able to avoid dissolution or suspension if the Government approves a proposal from the Ministry of Planning and Investment.
The country’s inconsistent policies coupled with the current economic slump have discouraged companies in the information technology industry, prompting them to think twice about the execution of IT projects now.
