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Subway Vietnam frantically looks for franchise partners
Six years after entering Vietnam, Subway, the world’s biggest fast food brand, is increasingly looking for franchising partners to reach the ambition of opening 50 restaurants in this market.
Fate of Samsung’s investments in Vietnam questionable?
Samsung finds itself in hot water with its last year overly wrought with exploding mobile phones and political scandals. Will this affect the group’s plans in Vietnam?
Berjaya Land to shed asset in Phu Quoc
Berjaya Land Bhd. will sell its entire stake in Vietnamese 4-star Berjaya Long Beach Resort Phu Quoc to Sulyna Hospitality Hotel Restaurant Travel Service Co., Ltd. at the price of VND333.25 billion, or RM65.32 million (US$14.67 million).
Money laundering all too easy in Vietnam?
Money laundering mostly goes unpunished in Vietnam because cash is the main form of payment and relevant legislation is murky.
Nipro starts work on new US$300 million facility in Vietnam
Nipro Pharma Corporation – Japan’s biggest prescription drug contract manufacturer – is expanding its operations in Vietnam with a new project worth US$300 million in the Saigon Hi-Tech Park (SHTP).
Doors open for EU agri-food firms with lower tariffs
European enterprises are expected to intensify their agri-food presence in Vietnam thanks to slashed tariffs for EU-sourced agri-food items under the EU-Vietnam Free Trade Agreement.
TH Group opens its school system in Hanoi
Locally-owned TH Group, famous for its TH true MILK brand, has officially inaugurated its TH school system in Hanoi, paving the way for the group to develop universities and colleges throughout Vietnam.
Significant room remains for foreign investors in Vietjet
Vietnam’s low-cost airline Vietjet’s recently issued 2017 listing prospectus shows that there is about 25% room left for foreign investors, to reach its 49% foreign ownership limit.
All signs point to sustained growth
Behind Vietnam’s strong economic growth and widespread national development, there is an engine of increasing foreign direct investment.
Berjaya: from zero to hero
With investments in real estate, finance, and most recently lottery, chairman Vincent Tan showed his ambition to expand Berjaya Corporation’s footprint in Vietnam.