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Scrutiny of business and investment laws is needed to adjust or remove incompatible regulations to serve the long-term development of enterprises, heard a workshop in Hanoi on July 22.
In the first half of this year, Vietnam’s economy showed signs of rallying. The macro economy stabilized and GDP increased 5.52%. Although the growth rate is lower than last year, it has been steady, thanks to the growth of industrial production and domestic retail sales.
The Deputy CEO of the scandal-hit Sabeco seems likely to become CEO of the beer giant after the position remained vacant for months and led to its recent leadership crisis.
Domestic enterprises will receive support for their participation in the Ho Chi Minh City Products Week, which will take place from October 6-14 in Moscow, Russia.
Vicare, a website providing information about clinics and doctors in Vietnam and online health consultancy, has secured its second funding round from Japan’s CyberAgent Ventures and Singapore’s Pix Vine Capital.
Two locally registered travel firms in Da Nang have been dealt a tough hand as local authorities seek to sweep arising Chinese-related issues from the central Vietnamese tourism hub.
Joint venture ports between Vinalines and its foreign partners in the Cai Mep–Thi Vai port complex in the southern province of Ba Ria-Vung Tau, including SP-PSA and CMIT, are expected to be able to handle larger vessels thanks to the upgrading and dredging of lanes.
From a little-known region, the southern part of Phu Quoc, Vietnam’s largest island, is becoming a "hot spot" for investment. With wonderful beauty, this place is forecasted to be the centre of Phu Quoc, an international resort island, in the near future.
The European Chamber of Commerce in Vietnam (EuroCham) released the Business Climate Index (BCI) for Q2 on July 21, which is posted at 77 indicating positive sentiment from EuroCham members on the local business environment.
Despite the market rising an average of more than 15 per cent this year, fertiliser stocks, with their high rate of return, did not see good growth.
On July 20, Korean-owned Korea-Vietnam Fertiliser Co., Ltd. (KVF) organised the ground-breaking ceremony of its $60 million compound fertiliser production plant in Ho Chi Minh City’s Hiep Phuoc industrial park.
Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels.
