Japanese real estate investors are moving towards an increasing presence in a range of large-scale projects in Vietnam.
Mytel, the Viettel-owned mobile operator based in Myanmar, has signed up more than two million subscribers in just one month since officially starting operations.
Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20% equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.
Mumuso is facing a fine of VND100 million (US$4,440) by the Ministry of Industry and Trade (MoIT) due to the company’s unlawful practice of deliberately misleading consumers as to the origin of its goods or providing insufficient information.
The construction industry is experiencing good days thanks to the warming up of the real estate market.
Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.
Enterprises need to take actions in order to innovate themselves, towards stronger development amid difficulties, said Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
VOV.VN - China was Vietnam’s biggest supplier of phones and components during the first six months of 2018, with a value of US$3.63 billion, a year-on-year rise of 11.8%, according to the General Department of Vietnam Customs.
Hiring expansion remains robust this year in Vietnam, though not as high as 2017, speakers said at a press conference held in HCM City on July 20.
The total organic farming area in Vietnam expanded from 12,120ha to 76,666ha between 2007 and 2015, faster than the global average pace, said Director of the Vietnam Agricultural Extension Centre Tran Van Khoi.
Bamboo Airways – of the Viet Bamboo Airlines Co., owned by property developer FLC Group – plans to see its first flight take off on October 10.
Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
The southern province of Binh Duong has called for more investment for the construction of a provincial wharf which will help to facilitate operations in local industrial and processing zones, said Chairman of the provincial People’s Committee Tran Thanh Liem.
Doosan Heavy Industries Vietnam Co.’s (Doosan Vina) first batch of seawater desalination equipment left Dung Quat port for Saudi Arabia on July 19.
Vietnam will see great momentum for stronger export growth in the second half of 2018, with its export-import turnover estimated to reach the US$500 billion benchmark by 2019.
Around 150 delegates from State agencies, research institutes, and organisations supporting startups gathered at a conference in the Mekong Delta city of Can Tho on July 20 to share their experiences in boosting the success of startups.
The People’s Committee of the Central Highlands province of Dak Nong held a scientific seminar on sustainable avocado farming in Gia Nghia township on July 20, as part of the “Dak Nong: Ripe Avocado Season” programme.
The State Bank of Vietnam (SBV) may sell part of its foreign reserves to stabilise the monetary market if the exchange rate continues to climb, the Saigon Securities Incorporation (SSI) forecast.
VOV.VN - If the trade tension between the US and China continues, it will partially present opportunities for Vietnamese exporters but require their greater efforts to take full advantage of the opportune occasion.
In order to enhance the existing ties, the Singapore Business Federation in conjunction with the Danang Investment Promotion Agency and Pegasus Education Group will hold an Overseas Market Workshop – Infrastructure and Construction Sector in Danang on July 30, 2018.
