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Who will benefit from the Vietnam Airlines – ANA Holdings deal?
With a value of VND2.4 trillion, the deal between Vietnam Airlines and ANA Holdings is expected to make big changes to the aviation market. The airline sold 8.771% to the Japanese-owned ANA.
Bankers suggest lifting foreign ownership ratio ceiling
While Vietcombank and VietinBank have proposed to lift the foreign ownership ratio ceiling to 35-40% to satisfy requirements of the Basel II Accord, ABBank and SCB want higher foreign ownership ratios (49% and over 50%) to speed up the restructuring process.
Billions of dollars spent worldwide on Vietnamese fruit
It took Vietnam 12 years to obtain licenses to export lychees to Australia, five years to export Cat Chu mango to Japan and eight years to export dragon fruit to Taiwan (China).
Lotte Group suspected of setting up slush fund in Vietnam
Some Korean newspapers Yonhap, the Korea Times and the Korea Herald cited sources as saying that Lotte Group is suspected of creating a slush fund in the process of investing in real estate in Vietnam through a paper company, involving several affiliates.
Thanh Bui and The Lyricist appear in RedOne’s music video
Vietnamese singers Thanh Bui and the band The Lyricist appeared in the music video for "Don’t You Need Somebody" by American music producer - musician RedOne, a Grammy award winner.
E-commerce delivery market: patient players will win
E-commerce delivery firms usually make no profits in the first two or three years of operation. Though they have to spend big money, their revenue is modest.
Businesses join hands with foreign partners to produce safe food
Consumers’ worry about food hygiene has turned out to be a great opportunity for food processors. Many businesses have poured money into projects to produce safe food.
Harvest season in Vietnam’s kingdom of litchi
Gardeners in the northern province of Bac Giang are now in the mid-harvest season of litchi, the province’s specialty.
How can businesses choose strategic shareholders?
Analysts have noted that equitized state-owned enterprises (SOEs) tend to choose conglomerates with powerful financial capability - real estate developers or financiers - which do not have relations to their core business fields, as their strategic shareholders.
Foreigners buy houses in Vietnam as green light turns on
Though some problems still exist in the legal framework, more and more foreigners are registering to buy houses in Vietnam.