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Wind power projects may take to sky through FiT hike
The Ministry of Industry and Trade’s proposal to increase the feed-in tariff (FiT) of wind power is expected to take projects currently on paper into implementation.
Old Navy opens the first store in Hanoi
Old Navy, one of the famous brands under Gap Inc. from the US, officially opened its first store in Hanoi at a prime location in Vincom Nguyen Chi Thanh.
Automation spelling doom for manufacturing hotspots?
Economic development is not a linear formula for each and every country to blindly follow, and one of the most important stepping stones, the industrial revolution, seems to be coming loose as technology and automation are reshaping production and trade.
Bibica becomes official PAN Food subsidiary
PAN Food Manufacturing JSC (PAN Food) successfully acquired more than 50% of Bibica Corporation (Bibica)’s stakes, overtaking Lotte Confectionery Co., Ltd. (Lotte) as the biggest shareholder and turning Bibica into a subsidiary.
Vinalines' designs to maintain controlling stake in three strategic seaports
Vietnam's shipping group Vinalines are looking to keep holding at least 65% of the chartered capital in large-scale seaports in Haiphong, Danang, and Saigon, which are considered geese that lay golden eggs.
Ministry of Planning and Investment adamant on stopping Thach Khe mine
At the fact-finding mission of Minister of Planning and Investment Nguyen Chi Dung, the ministry has proposed the prime minister to stop mining operations at Thach Khe, the biggest iron ore mine in Southeast Asia, due to concerns over environmental pollution risks.
Toyoda Gosei builds fourth airbag manufacturing plants in Vietnam
Toyoda Gosei Co., Ltd. has released plans on its website to build the fourth airbag manufacturing plant in the northern city of Haiphong to meet the growing demand as safety regulations become more stringent in regions around the world.
Prudential Finance retains throne with third Excellent Performance Award from SBV
Prudential Vietnam Finance Company Ltd. has received the “Excellent Performance” 2016 Award, announced by Decision No.1504/QD-NHNN and signed by Governor of the State Bank of Vietnam on July 17, 2017.
Large-scale investments promise FDI breakthrough
Many large-scale investment projects and cooperation agreements have been signed for the near future, promising a breakthrough in foreign direct investment (FDI) attraction in Vietnam.
Domestic brands held at gunpoint by international fashion brands
In the context of more and more fashion brands entering the Vietnamese market and gaining significant market share, domestic firms in the fashion industry have to draw up solutions to regain market share and seize back their position.