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Kinh Do Corp. (KDC) plans to merge with Vinabico and release over 34.11 million shares, the confectioner announced last weekend at its annual general meeting to inform future production activities.
Vietnam Renewable Energy Joint Stock Company (REVN) on Wednesday started operating 20 turbines of its wind power plant with a capacity of 30MW in Binh Thuan Province’s Tuy Phong District, said the provincial Department of Industry and Trade.
Domestic and overseas businesses operating in Hanoi have recorded a total export revenue of $780.4 million in April this year, up 4.4 per cent against last month and 10.4 per cent compared with the same period last year.
VimpelCom, a leading global provider of telecommunications services, announced yesterday that it has signed an agreement to sell the company’s entire indirect 49 per cent stake in GTEL Mobile Joint Stock Company in Vietnam and give up operational control of GTEL Mobile.
Many groups of foreign enterprises from South Korea, Japan and Taiwan have come to Vietnam to explore investment opportunities in the textile and dyeing sector, the Vietnam Textile and Apparel Association (VITAS) said.
The consumer price index (CPI) of Vietnam in April edged up 0.05 percent against March, according to the Vietnam General Statistics Office (GSO).
Hanoi is seeking over VND161 trillion of investment to convert itself into a national and regional big trade center.
Offering homebuyers preferential loans is considered a solution to remove the current difficulties of the property market and improve the market liquidity.
Total retail space of Hanoi reached around 656,600 square meters during the first quarter of 2012, plunging 50% on quarter. Average leasing capacity achieved 89%, unchanged against Q4 of 2011, according to Savills’ latest report.
Vietnam is third in the list of top rapid growth markets (RGMs) in Asia next year behind China and India, according to Ernst & Young’s April forecast.
