January sees 37 FDI projects licensed

Date: 29/01/2013

Less than one month into 2013, the country has licensed 37 foreign direct investment (FDI) projects, worth 257.1 million USD in registered capital, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

EPC contract signed for Nghi Son oil refinery

Date: 29/01/2013

Prime Minister Nguyen Tan Dung stated that the Government will remove arising difficulties and promptly provide assistance to help the Nghi Son Refinery and Petrochemical Complex (NSRP) go as scheduled.

Vietnam, UK sign MoU on PPP cooperation

Date: 25/01/2013

In the framework of Party General Secretary Nguyen Phu Trong’s visit to the UK, the first Memorandum of Understanding (MoU) on Public-Private Partnerships (PPP) cooperation between the two countries was inked on January 23.

Ascott launches fourth property in HCMC

Date: 25/01/2013

The Ascott Limited on Wednesday opened its fourth serviced apartment property in HCMC, reinforcing its presence as the largest international serviced residence owner-operator in Vietnam.

Viettel climbs to top of the pile

Date: 25/01/2013

Military-run Viettel set to beat leading state group VNPT in its 2013 business targets.

Legal updates: New rules for foreign securities investors and fund management fund

Date: 25/01/2013

The Ministry of Finance has issued Circular No 213/2012/TT-BTC to regulate the participation of foreign investors in the securities market and Circular No 212/2012/TT-BTC on December 5 to elaborate on the provisions of the decree relating to fund management companies.

Business in brief 24 Jan 2013

Date: 25/01/2013

(Sourced from various news agencies)

Mergers, acquisitions expected to boom this year

Date: 22/01/2013

Mergers and acquisitions are expected to boom this year in the consumer goods and real estate sector, say experts.

HSBC: More FDIs may flow to Asean, except Philippines

Date: 22/01/2013

Despite its favorable demographics, the Philippines continues to miss out on a greater share of foreign direct investments (FDIs) due to a "restrictive” foreign ownership policy and "uncompetitive” business environment, British banking giant HSBC said.

Preferential policies attract new businesses to HCM City

Date: 22/01/2013

As many as 185,000 businesses had been licensed in Ho Chi Minh City by the end of last year, five times the figure in 2006, according to Nguyen Van Ranh, head of the municipal Party Committee’s Public Relations Department.

Vietnam, RoK strengthen financial cooperation

Date: 22/01/2013

Vietnam’s Finance Ministry and the Ministry of Strategy and Finance of the Republic of Korea (RoK) signed an agreement on cooperation for 2013 during their talks in Hanoi in January 2013.

Gov’t announces solutions for socio-economic development in 2013

Date: 22/01/2013

The Government has just issued its first resolution in 2013 defining major solutions to realize the socio-economic development and budget estimate plan for 2013.

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