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Two locally registered travel firms in Da Nang have been dealt a tough hand as local authorities seek to sweep arising Chinese-related issues from the central Vietnamese tourism hub.
Joint venture ports between Vinalines and its foreign partners in the Cai Mep–Thi Vai port complex in the southern province of Ba Ria-Vung Tau, including SP-PSA and CMIT, are expected to be able to handle larger vessels thanks to the upgrading and dredging of lanes.
From a little-known region, the southern part of Phu Quoc, Vietnam’s largest island, is becoming a "hot spot" for investment. With wonderful beauty, this place is forecasted to be the centre of Phu Quoc, an international resort island, in the near future.
The European Chamber of Commerce in Vietnam (EuroCham) released the Business Climate Index (BCI) for Q2 on July 21, which is posted at 77 indicating positive sentiment from EuroCham members on the local business environment.
Despite the market rising an average of more than 15 per cent this year, fertiliser stocks, with their high rate of return, did not see good growth.
On July 20, Korean-owned Korea-Vietnam Fertiliser Co., Ltd. (KVF) organised the ground-breaking ceremony of its $60 million compound fertiliser production plant in Ho Chi Minh City’s Hiep Phuoc industrial park.
Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels.
Goldman Sachs on Thursday cut a deal to buy convertible bonds issued by HCMC Infrastructure Investment Co. (CII) with total value of US$25 million, just one day after the U.S. Financial investment firm had signed an agreement to provide a convertible loan to the private Masan Group.
Given Vietnam’s huge demand for clean water, and the government’s need to develop water infrastructure, U.S. companies are looking at opportunities to enter and expand their operations in Vietnam, a top U.S. Department of Commerce official said on Monday.
Many M&A deals in the real estate market wrapped up recently. To many people’s surprise, the buyers were not powerful foreign conglomerates, but Vietnamese tycoons.
The rapid growth of Vietnam’s export-oriented manufacturing sector has boosted the demand for logistics services but the government needs to step up its game to be more competitive.
Vietnam and the United States signed an agreement related to antidumping duty over shrimp imported from Vietnam on July 19 morning (Vietnam time).
