Bunge sells stake in Vietnam operations to Wilmar

Date: 06/07/2016

Commodity trader Bunge Ltd (BG.N) will sell half its stake in oilseed crushing operations in Vietnam to Singapore’s Wilmar International Ltd (WLIL.SI), the world’s largest palm oil processor and one of the biggest soybean buyers, in an effort to integrate operations in a fast-growing market.

Major machine expo opens in HCM City

Date: 06/07/2016

The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition, MTA Việt Nam 2016, opened yesterday in HCM City to showcase the latest technologies and equipment in the industry.

VN could receive $10 billion from sale of 20 SOEs

Date: 06/07/2016

Experts have urged the State to sell 20 of its businesses, saying that the State budget would have $10 billion from the sale.

Foreign investment into mechanical engineering expected to surge

Date: 06/07/2016

Foreign capital inflow to Vietnam, especially to the mechanical engineering industry is expected to surge in the upcoming times.

Biomass fuel projects tempt foreign investors

Date: 06/07/2016

Foreign investors are increasing their search for biomass power projects in Vietnam, a development encouraged by the country’s recent feed-in tariff system.

Vietnamese businesses look to expand investment in Japan

Date: 05/07/2016

Vietnamese businesses have invested 7 million USD in approximately 40 projects in Japan, as heard at a conference held on July 5 to further promote the investment.

Saudi Aramco withdraws from $22 billion Vietnam project

Date: 05/07/2016

Saudi Arabian Oil Company (Saudi Aramco) has decided to withdraw from the development of the $22 billion Victory Nhon Hoi refinery and petrochemical complex in the south-central coastal province of Binh Dinh, along with Thailand’s largest energy company PTT Public Company Limited (PTT), according...

Ministry to better financial institutions

Date: 05/07/2016

The Ministry of Finance will push ahead with improving financial institutions in the years to come to realise the country’s socio-economic development plan in 2016-2020, Minister Dinh Tien Dung said in an interview with the Vietnam News Agency.

German investors choosing Danang

Date: 05/07/2016

German ASEAN Power and Marquardt Group are planning to develop costly projects in the central city of Danang to tap into the local improved business climate.

Slow economy threatens targeted GDP growth

Date: 05/07/2016

Vietnam’s economy slowed in the first half of 2016, threatening to stifle the annual GDP growth of the country which was set to hit 6.7 percent by the government this year, according to head of the General Statistics Office of Vietnam (GSO) Nguyen Bich Lam.

Brexit to affect Vietnamese firms in future

Date: 05/07/2016

Britain’s recent exit from the European Union (EU) could more or less affect trade activities between Vietnamese businesses and partners from the UK and EU in the future, experts have commented.

Investing in HR for future growth

Date: 05/07/2016

While joining the ASEAN Economic Community and the Trans-Pacific Partnership is expected to bring better opportunities for Vietnam including creating jobs and driving economic growth, it will also bring challenges in terms of increasing competition in business and human resource areas.

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