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South Korean exports to Việt Nam has increased by 11.8 per cent year-on-year as of October, according to the Korea Trade Promotion Corporation (KOTRA).
Vietnam’s construction industry will grow by 6.3 per cent in real terms of 2017 and 6.1 per cent in 2018, according to Business Monitor International (BMI) Research, a Fitch Group Company.
Businesses from Italy’s Trento Province have shown their interest in Việt Nam’s investment incentives, especially in technology, electro-mechanics, green agriculture, forestry and pharmaceuticals, which are its strengths.
The merger of Vinaconex-Viettel Finance JSC (VVF) into Saigon-Hanoi Bank (SHB) is expected to be complete early next year following the State Bank of Vietnam’s (SBV) approval.
New Land Viet Nam – Japan Joint-Stock Company (New Land VJ JSC) on Dec 14 has opened a two-hectare warehouse at the Binh An Textile and Garment Industrial Park in Di An Town of Binh Duong Province.
Prime Minister Nguyen Xuan Phuc praised the military-run Viettel Group as having created a new growth model for Vietnam at a ceremony on December 17 to mark the telecom group’s 10 years investment abroad.
Masan Group Corporation (MSN) has received the shareholders’ approval to issue a non-convertible international bond volume worth US$300 million to foreign investors.
In Southeast Asia, Vietnam has attracted the most attention from Japanese investors over the past three years, said Koji Maeno, chairman of the Japanese Business Association of HCMC (JBAH).
The Doosan Heavy Industries Vietnam Co. Ltd (Doosan Vina) shipped eight made-in-Vietnam rubber tyred gantry cranes (RTGCs) to Saudi Arabia on December 18.
The joint venture of Viglacera Corporation-JSC (Viglacera) and Cuban El Grupo Empresarial Industrial de la Construccion (Geicon) is expected to start operation in early 2017 with the chartered capital of $39.86 million.
Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Viet Nam to look to increase LNG imports.
The Korea Rice Foodstuffs Association (KRFA) on December 13 inaugurated a representative office in Vietnam in a bid to promote food industry cooperation between Vietnam and South Korea.
