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Authorities shut down yet another multi-million steel project
In 2016, Vietnam has seen the closing of numerous long-delayed steel projects invested by both foreign and domestic enterprises.
Italisa Vietnam relapses into environmental violation
Chinese-invested Italisa Vietnam Co., Ltd., a subsidiary of Boway Group, relapsed into environmental violations in Song Khe-Noi Hoang Industrial Zone of the northern province of Bac Giang.
Strategic cooperation deal to take over agricultural transportation
High transportation costs are reducing the competitiveness of Vietnamese agricultural products.
First Playboy Establishment lands in Hanoi
Global Entertainment Operations Vietnam (GEO) and Playboy Enterprises, Inc. have announced the opening of Playboy Establishment, an epoch-making luxury entertainment establishment in the centre of Hoan Kiem district in Hanoi.
Binh Dinh speeding up investment licensing procedures
In 2016, the central province of Binh Dinh granted investment certificates to eight foreign invested projects with the total registered capital of US$30.16 million, and approved 32 others worth US$8.511 billion. What made Binh Dinh so attractive to investors in the past year?
Indian company to establish US$50 million coffee plant in Vietnam
India-based Tata Coffee, a subsidiary of Tata Global Beverages, has released plans to set up a greenfield freeze-dried instant coffee plant in Vietnam with the total investment capital of $50 million. The plans were stated in a filing to the Bombay Stock Exchange (BSE).
Vinalines to sell shipyard despite losses
Getting rid of a loss-making shipyard member unit is now the top priority of Vinalines, despite the huge potential losses.
Experts: realty bubble on horizon
The rapid increase in demand and market price of the property sector in Vietnam has sparked concerns of a 2017 real estate bubble.
Overseas fund stream altered
Overseas remittance into Vietnam is expected to drop this year, due to the effect of the US election result and the new US government’s anticipated policies aiming to focus on domestic trade.
The side effects of FDI tax loss
Investment experts reiterate the need for incentive application to attract foreign investment projects, despite the warning of a global race to the bottom on corporate tax to lure investors.