“Digital transformation or losses?” was the thorny question for Minh Phu Seafood Company a few years ago.
The Bao Viet Group ranked first among the insurance companies in Vietnam with a revenue of more than VND9.9 trillion (nearly US$423.7 million) in the first half of 2018.
The equitisation plans of eight State-owned enterprises (SOE) were approved in the first half of 2018, with a total value of VND29.37 trillion (US$1.29 billion), including more than VND15.16 trillion (US$667.04 million) of State capital, the Ministry of Finance has reported.
The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Vietnam since 2007, reports from the ministry showed.
The difference between made-in-Vietnam and foreign-made smarthome solutions is that the former can be controlled by demands in Vietnamese, regardless of whether the house owners speak with northern, central or southern accents.
Cargo shipping has seen positive growth in the first six months of the year, with 254.8 million tonnes handled via the country’s seaports, up 17% on last year.
The People’s Committee of the northern province of Hai Duong recently granted approval for the investment of a waste-to-electricity plant in Luong Dien commune, Cam Giang district.
Many banks have reported impressive profit growth in the first half of 2018, compared to the same period last year, thanks to the high credit growth and the improvement from the retail banking segment.
France’s Le Temps newspaper on July 19 ran an article describing Vietnam as a new factory of the world.
The Canada Border Services Agency (CBSA) has launched an investigation into whether or not carbon steel welded pipes from Vietnam, the Philippines, Pakistan, and Turkey are being sold at unfair prices in the northern American country.
Fruits and vegetables may earn the country US$4.7 billion this year, according to the Ministry of Agriculture and Rural Development.
The PetroVietnam Exploration Production Corporation (PVEP) is taking a serious of measures to realise its set target of extracting 4.06 million tonnes of oil equivalent in 2018.
Retail companies are racing to expand but are challenged by high rental costs in major cities.
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.