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Singapore government’s investment fund GIC Private Limited (GIC) is negotiating to buy at least 7 per cent of the Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank).
Thailand’s Siam City Cement Public Company Limited (SCCG) won the tender for LafargeHolcim Vietnam entity, a first step in its ambition to deepen its presence in Vietnam.
Overseas remittances transferred to Ho Chi Minh City reached 2.5 billion USD in the past seven months, representing a 4.16 percent rise year on year.
Hà Nội enjoyed relatively high economic growth in the first half of the year with good performances in the service and industry-construction sectors, officials said at a municipal People’s Council meeting on Monday.
Vietnam-Singapore Industrial Park (VSIP JV) held the ground-breaking ceremony for the first phase of its waste treatment plant in VSIP Nghe An yesterday.
Vietnam will build a policy on comprehensive competition by 2017, Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung said at a workshop in Hanoi on August 3.
The Bank for Investment and Development of Vietnam (BIDV) has inaugurated a branch with capital of US$85 million in the Myanmar city of Yangon.
The Ho Chi Minh City administration has announced its plan to put aside more than US$100 million to support businesses and start-ups in the city pursuant to a recent government resolution.
The Ministry of Industry and Trade’s recent proposal on sugar import has put local sugar firms on the tenterhooks, and there is a demand for urgent support from the government to help firms get out of the woods.
Kolon Group, a leading Korean manufacturer, aims to grow its presence on the Vietnamese market after being licensed for a $14.1 million airbag manufacturing facility in the southern province of Binh Duong earlier this year.
FPT Corporation has been selected by Myanmar Payment Union (MPU) as the prime investor to implement a national financial switching system, the company said Monday.
Two young Vietnamese entrepreneurs have shared their thoughts on the prospect of technology startups in Vietnam with Tuoi Tre (Youth) newspaper and their peers’ decision to leave or stay in their homeland.
