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JETRO to host Invest Japan seminar in Ho Chi Minh City
Japan External Trade Organisation Ho Chi Minh City (JETRO) and the Ministry of Planning and Investment's Foreign Investment Agency will co-organise the Invest Japan seminar in Ho Chi Minh City on December 19.
Vincom Retail takes home Best Private Equity Deal in Asia-Pacific award
On November 30, Vincom Retail scored “The Best Private Equity Deal across the Asia-Pacific” award from FinanceAsia magazine due to its humongous initial public offering (IPO) raising a record $740 million in less than 30 days.
REE and Vingroup acquires Vinaconex subsidiary in US$50-million deal
Refrigeration Electrical Engineering Corporation (REE) and Sinh Thai LLC—a 100-per-cent-owned subsidiary of Vingroup—spent VND1.07 trillion ($47.1 million) acquiring 25.5 million shares, or 51 per cent stake, in Vinaconex Water Supply JSC (Viwasupco) from Vinaconex.
New methods for e-commerce arise
As the online market has grown, firms are increasingly becoming savvier about the newest trends emerging from the digital transformation.
McDonald’s opens first restaurant in Hanoi
The world’s leading food service retailer McDonald’s officially opened its first restaurant at 2 Hang Bai Street, Hanoi on December 2, marking its first foray into the northern market three years after opening its first restaurant in Ho Chi Minh City.
Thai sisters open junior golfers’ eyes to the world
For the first time, the young golfers of Vietnam today had an opportunity to learn directly from top-notch LPGA like Thai sisters Ariya Jutanugarn (May) and Moriya Jutanugarn (Mo) and were inspired by their amazing stories of conquering the professional golf world.
APEC impact and Japanese wave post impressive investment figures
Foreign direct investment (FDI) attraction in the first 11 months this year has exceeded forecasts by hitting US$33 billion, up over 82% compared to the same period last year.
Big shots eye dawn of local gaming
Investors gear up to cash in on Vietnam’s lucrative casino industry as the country’s legal framework for casinos and betting becomes more thorough since its inception earlier this year, Phuong Thu reports.
Foreign capital inflows perked up by multibillion-dollar power plant licensing
The Vietnamese government’s granting of investment certificates to thermal power plants with a total investment capital of $8.37 billion contributed to raising the total value of foreign investment capital in Vietnam to $33.09 billion in 11 months of 2017.
Danang Hotel Association to provide training to scale up low-rated hotels
The Danang Hotel Association is starting a training and assistance programme in December to guide one- and two-star hotel members on transforming their business to attract a more lucrative clientele, in a bid to ensure Danang maintains her reputation as a quality destination.