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Can Tho city’s Department of Planning and Investment has revoked the licence of Can Tho Oil Refinery due to the long delays in construction.
- In the last decade, foreign investors poured money into mid- and high-end real estate projects, but today Japanese, South Korean, Taiwanese and Malaysian prefer developing affordable products priced below VND1 billion.
A festival on consumer products from the Republic of Korea (RoK) opened in Ho Chi Minh City on November 25.
Viet Nam has emerged as a powerful manufacturing powerhouse in Asia but “weak logistics activities have limited its trade competitiveness”, the deputy minister of industry and trade said at a logistics forum held yesterday in HCM City.
Banks from South Korea and Japan have expressed interest in providing capital for infrastructure projects in HCM City.
The Cau Tre Export Goods Processing JSC is seeking shareholder approval for CJ CheilJedang, the food subsidiary of South Korea’s CJ Group, to purchase shares from major shareholders and become its strategic partner.
Koyu & Unitek has become the first Vietnamese company to export chicken breasts to Japan, as it had secured a deal for the first batch to leave port in early 2017.
Việt Nam ranks first out of 10 Asian countries surveyed in relationship satisfaction, according to the inaugural Prudential Relationship Index, the first of its kind in Asia, which was released in HCM City on Wednesday.
Total foreign direct investment (FDI) approvals in November are put at US$490 million, the lowest monthly level this year. For the third month in a row, fresh FDI pledges have fallen against the same period last year.
Central Thừa Thiên-Huế and Quảng Nam provinces and their neighbouring Đà Nẵng City will offer optimal conditions to lure investment from European countries in hi-tech, tourism, logistics, health care and advanced farming.
Three state-invested biofuel projects in Vietnam with the total investment of over VND5.4 trillion (US$241 million) have either terminated construction or ceased operation over losses, a government report on Thursday found.
Economic groups and corporations from ASEAN countries, including Vietnamese businesses, are pouring big money into neighboring countries.
