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In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy.
Late June Thailand’s largest corporation, PTT Public Company Limited (PTT), postponed plans to build the US$20 billion Victory Nhơn Hội refinery and petrochemical complex in the south-central coastal province of Bình Định.
The proportion of consumers in Vietnam who put their spare cash into savings is the highest globally (76 per cent), followed in Southeast Asia by Indonesia (70 per cent), the Philippines (65 per cent), Malaysia and Singapore (63 per cent) and Thailand (62 per cent), according to a Nielsen report on...
A coworking space has been set up in Ho Chi Minh City to support the development of the local startup community. The Saigon Innovation Hub, abbreviated to SiHub, opened on August 5 at 273 Dien Bien Phu Street, District 3.
The management authority of the northern port city of Haiphong and Haiphong Economic Zone Authority yesterday announced a detailed Master Plan ratio 1/2000 of Cat Hai Island, part of Dinh Vu-Cat Hai Economic Zone. The detailed master plan was made by Nikken Sekkei Civil Engineering from Japan.
The State Bank of Viet Nam (SBV) on Tuesday approved a Vietcombank’s proposal to increase charter capital by VND9.327 trillion (US$416.38 million) to VND35.977 trillion.
Minister of Industry and Trade Tran Tuan Anh has proposed that Vietnam and the Philippines consider the extension of the rice trade deal between the two countries, which will expire at the end of this year, to another period from 2017 to 2020.
With a huge consumption level of 50,000 tons a year, the Vietnamese plant protection product market is a fertile area for domestic and foreign companies.
Singapore government’s investment fund GIC Private Limited (GIC) is negotiating to buy at least 7 per cent of the Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank).
Thailand’s Siam City Cement Public Company Limited (SCCG) won the tender for LafargeHolcim Vietnam entity, a first step in its ambition to deepen its presence in Vietnam.
Overseas remittances transferred to Ho Chi Minh City reached 2.5 billion USD in the past seven months, representing a 4.16 percent rise year on year.
Hà Nội enjoyed relatively high economic growth in the first half of the year with good performances in the service and industry-construction sectors, officials said at a municipal People’s Council meeting on Monday.
