The largest foreign-invested company in the fashion sector, SCAVI has fought its way onto the list of 500 biggest companies in Vietnam in 2016, announced by Vietnam Report in February 2017.

Differences between audited and unaudited financial statements areunavoidable, however, a difference of up to trillions of VND caught Hung Vuong Joint Stock Company (HVG)’s investors by surprise.

Vietnam was the country with the most to gain from the Trans-Pacific Partnership. 

The southern province of Ba Ria-Vung Tau has emerged as an investment hotspot, attracting multi-million dollar investment projects in the first month of 2017.

Major Japanese machinery manufacturer Mitsubishi Heavy Industries Ltd. is now accepting applications for the second round of its scholarship programme for overseas study at universities in Japan. Eager young scholars are encouraged to apply.

Bilateral trade and investment from the US into Vietnam are expected not to see drastic changes under US President Donald Trump. 

As tariff decreases, Vietnam is importing more cars. Toyota Motor Thailand (TMT)'s car export to Vietnam rose by 15% last year, despite a 15% drop in its total car export, the company said in a recent press conference.

On February 6, Heineken Vietnam Brewery Vung Tau Joint Stock Company received the investment certificate for the 12-fold expansion of its factory in My Xuan A Industrial Zone. 

Viettel, VinaPhone, and MobiFone are preparing for piloting their 4G services before the official launch in the first quarter of 2017, as ordered by the Minister of Information and Communications.

The Republic of Korea (RoK)'s Kolon Industries Inc., a subsidiary of Kolon Group, has been licensed to invest US$220 million in a factory manufacturing KVT-1 industrial fabric for automobile tires in the southern province of Binh Duong.