Hà Nam gets $760m investment at conference

Date: 08/08/2016

Ten enterprises have received approval from and have signed co-operation agreements with the northern Hà Nam Province’s People’s Committee to invest VNĐ17 trillion (US$758.9 million) there.

Deputy PM attends Hue investment promotion conference

Date: 08/08/2016

Deputy Prime Minister Vuong Dinh Hue asked the central province of Thua Thien-Hue to develop tourism into its spearhead economy during a local investment promotion conference on August 8.

Seoul Semiconductor wins licence for $300 mln Vietnam project

Date: 08/08/2016

outh Korea’s Seoul Semiconductor Co Ltd has won a licence to invest $300 million in a production site in northern Vietnam, Vietnamese lender BIDV said on Monday.

Foreign investors spend $3bn on capital contribution, stock in Vietnam in past year

Date: 08/08/2016

More foreign investors have been investing via capital contributions and stock purchases in Vietnam over the last year, the Foreign Investment Agency has said.

Increase in oil exploitation won’t help GDP: economists

Date: 08/08/2016

In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy.

Foreign investors change their minds about oil refineries

Date: 08/08/2016

Late June Thailand’s largest corporation, PTT Public Company Limited (PTT), postponed plans to build the US$20 billion Victory Nhơn Hội refinery and petrochemical complex in the south-central coastal province of Bình Định.

Nielsen: Vietnamese save most in the world

Date: 08/08/2016

The proportion of consumers in Vietnam who put their spare cash into savings is the highest globally (76 per cent), followed in Southeast Asia by Indonesia (70 per cent), the Philippines (65 per cent), Malaysia and Singapore (63 per cent) and Thailand (62 per cent), according to a Nielsen report on...

Ho Chi Minh City opens coworking space for startups

Date: 08/08/2016

A coworking space has been set up in Ho Chi Minh City to support the development of the local startup community. The Saigon Innovation Hub, abbreviated to SiHub, opened on August 5 at 273 Dien Bien Phu Street, District 3.

Haiphong announces plan to turn Cat Hai into smart island

Date: 08/08/2016

The management authority of the northern port city of Haiphong and Haiphong Economic Zone Authority yesterday announced a detailed Master Plan ratio 1/2000 of Cat Hai Island, part of Dinh Vu-Cat Hai Economic Zone. The detailed master plan was made by Nikken Sekkei Civil Engineering from Japan.

VND36 trillion in charter capital approved for Vietcombank

Date: 05/08/2016

The State Bank of Viet Nam (SBV) on Tuesday approved a Vietcombank’s proposal to increase charter capital by VND9.327 trillion (US$416.38 million) to VND35.977 trillion.

Vietnam, Philippines consider rice trade deal extension

Date: 05/08/2016

Minister of Industry and Trade Tran Tuan Anh has proposed that Vietnam and the Philippines consider the extension of the rice trade deal between the two countries, which will expire at the end of this year, to another period from 2017 to 2020.

Businesses earn hundreds of million USD a year from pesticides

Date: 05/08/2016

With a huge consumption level of 50,000 tons a year, the Vietnamese plant protection product market is a fertile area for domestic and foreign companies.

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