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The Ministry of Information and Communications (MoIC) in 20 March refuted rumors in the local media of a merger between Vinaphone and MobiFone, subsidiaries of the Vietnam Post and Telecommunications (VNPT).
From early this year to mid-March, HCM City granted license to 59 foreign direct investment (FDI) projects totaling $39 million, down 96.5 percent over last Q1, according to HCM City Statistics Bureau.
The central bank has ordered major state-owned banks to trim their lending rates, cut spending and boost operational efficiency.
Vietnam will start collecting road maintenance fees from local vehicles June 1, Prime Minister’s latest decision said last Thursday.
Da Nang has licensed 5 foreign direct investment (FDI) projects with a total registered capital of over $10.4 million in the first two months of this year.
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will provide a $64.2 million credit to fund the Srepok 4A hydropower plant project in Dak Lak province.
Ask any entrepreneur about the toughest challenge facing him or her now, and the answer will – most likely – be the high capital cost. The problem has become so widespread in the economy that it is on everybody’s lips when it comes to doing business now. The high capital cost became the most highlighted...
Merger and acquisition activity is expected to further increase this year, following high-profile deals last year such as food products company Masan Consumer’s acquisition of coffee processor Vinacafe Bien Hoa (VCF) and the merger of real estate developer Vincom (VIC) with resort operator Vinpearl.
With the winter-spring rice crop being harvested in the Cuu Long (Mekong) Delta, high-grade varieties of paddy are much in demand while low-quality IR 50404 does not have many buyers.
The Thanh Hoa General Materials Joint Stock Company broke ground on a cassava powder processing project in Bolikhamsay, Laos on March 12.
