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It is unclear whether the Vung Ro refinery project in the central province of Phu Yen will be implemented this year, even though both the authorities of Phu Yen province and the leaders of Vung Ro Petroleum Ltd. said they were determined to start the project in 2016.
Many industrial zones (IZs) have been built in the Mekong Delta and more will be built in accordance with approved plans, but some IZs have been left idle.
MobileWorld (HOSE: MWG) plans to expand its operations abroad, as the domestic market of smart phone trading has become saturated.
Yamato Holdings Co., Asia’s biggest package-shipping company, is looking for partners to start a chilled delivery service in Vietnam and Thailand as demand grows for sushi and other Japanese cuisine, according to people familiar with the plan.
The Government has approved an e-commerce development plan for 2016-20 that targets 50 percent of consumers switching from cash to other forms of payment.
Hong Kong looks forward to stronger ties with Viet Nam, its chief secretary for administration, Carrie Lam, has said.
Bill & Melinda Gates Foundation Trust of billionaire Bill Gates and his wife recently completed a deal that turns it into a major shareholder of VEIL – the largest investment fund in Vietnam.
The real estate conglomerate Vingroup plans to build a trade complex in Ha Giang city, the northern mountainous province of Ha Giang, stated Secretary of the municipal Party Committee Tran Manh Loi.
Chinese traders buy farm produce from Vietnamese businesses, but don’t pay tax. As a result, VASEP has sent a dispatch to the Ministry of Finance, proposing to tax Chinese traders.
Ho Chi Minh City has reportedly sought the central government’s permission to partner with a consortium of Japanese investors to build a shopping mall beneath a metro station at a projected cost of more than VND6.86 trillion (US$303.2 million).
Prime Minister Nguyen Xuan Phuc has agreed to build the Dung Quat industrial park and urban area project in the central province of Quang Ngai.
About 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, the finance ministry said.
