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No legal document has been issued which clearly defines the term “foreign-invested enterprise”. Consequently, many businesses with foreign shareholders are uncertain about which way to go.
Mercer College, a brand of US-based Mercer specialising in human resource (HR) training and development, has officially set foot in the Vietnamese market through a partnership contract with a local company.
Hanoi City government on Tuesday (16 June 2009) closed Kim Lien-Dai Co Viet underpass after the most modern underpass in Vietnam was flooded only two hours after inauguration.
Immediately after the petrol price was raised by 1,000 dong per litre on June 11, the suppliers of many commodities and services raised sale prices and service fees.
The world’s largest food company, Nestle SA, said Saturday (13 June 2009) it would invest 260 millions Swiss Francs (241 million dollars) in South-east Asia this year to expand its business and manufacturing facilities in the region.
The Vietnam’s Ministry of Industry and Trade said that the country’s power sector needs US$5 billion over the next ten years to develop its infrastructure construction to meet increasing demand.
Five years have passed since the day Vietnam put forward the plan on building and developing Phu Quoc Island into a large global tourism and trade exchange centre. But it seems that nothing considerable has been accomplished yet.
Ministry of Natural Resources and Environment, Tes-Amm organization, and Nokia Group on Saturday (13 June 2009) organized a jogging campaign to collect damaged electronic equipments that are discarded in HCMC.
A certificate of temporary or permanent residence in Vietnam will be the primary requirement for foreigners who want to buy a house in the country, according to a government decree that takes effect this August.
The Government Chief Inspector, Tran Van Truyen, discussed the necessity for establishing rules for when businesses offer officials gifts with Thoi bao Kinh Te Viet Nam.
Local companies that have continued to travel to major trade shows despite the global recession are reaping the rewards of the efforts.
Binh Minh Import Export Production and Trading Group (Bitexco) signed a deal in Hanoi on Wednesday (10 June 2009) to make the Japanese-Vietnamese consortium Almec-Tedi the consultant contractor for an expressway connecting Dau Giay T-Junction in Dong Nai Province with the resort city of Phan Thiet in...
