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Japanese drug manufacturer Taisho Group has acquired more than 21.3 million shares or a 24.4 percent stake in Hau Giang Pharmaceutical Joint Stock Company (DHG), the group announced on July 5.
Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and Cuban El Grupo Empresarial Industrial de la Construccion (Geicon) have officially decided to establish a joint venture producing ceramics, sanitary wares, and tiles in October.
The National Assembly, the Government and the offices still have a lot of work to do to put the Trans-Pacific Partnership (TPP) agreement into practice, a government official has said.
Japanese agricultural businesses are making a beeline for Viet Nam since the Trans-Pacific Partnership (TPP) is set to open up their country’s market and bring import tariffs down to zero, according to a source from Dau tu (Vietnam Investment Review) newspaper.
While government officials and experts believe that the protocol on phytosanitary requirements on Vietnamese rice exports to China is beneficial, rice exporters say the requirements are too strict.
Commodity trader Bunge Ltd (BG.N) will sell half its stake in oilseed crushing operations in Vietnam to Singapore’s Wilmar International Ltd (WLIL.SI), the world’s largest palm oil processor and one of the biggest soybean buyers, in an effort to integrate operations in a fast-growing market.
The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition, MTA Việt Nam 2016, opened yesterday in HCM City to showcase the latest technologies and equipment in the industry.
Experts have urged the State to sell 20 of its businesses, saying that the State budget would have $10 billion from the sale.
Foreign capital inflow to Vietnam, especially to the mechanical engineering industry is expected to surge in the upcoming times.
Corporate Vietnam is becoming an important global investor as more domestic companies look for business opportunities abroad, said speakers from the Ministry of Planning and Investment (MoPI) at a conference on July 5 in Hanoi.
Foreign investors are increasing their search for biomass power projects in Vietnam, a development encouraged by the country’s recent feed-in tariff system.
Vietnamese businesses have invested 7 million USD in approximately 40 projects in Japan, as heard at a conference held on July 5 to further promote the investment.