At the recent World Economic Forum, Prime Minister Nguyen Xuan Phuc confirmed the government’s policy to allow foreign investors to engage more in Vietnam’s economy via accelerated equitisation of state-owned enterprises and capital divestments.

Though major changes are on the horizon for the domestic auto industry, the Vietnamese government has so far failed to provide a roadmap for new emission standards, and carmakers are getting concerned.

Though major changes are on the horizon for the domestic auto industry, the Vietnamese government has so far failed to provide a roadmap for new emission standards, and carmakers are getting concerned.

To develop specialities in Vietnam’s workforce requires training in specialised skills. 

The State Capital Investment Corporation once again displayed its determination to divest from state-owned firms, most notably by selling 9% of the dairy giant Vinamilk in December.

As domestic supply has yet to meet the Vietnamese fibre industry’s demand for volume and quality, the industry has been dependent on cotton import sources.

After the central province of Quang Binh decides to withdraw from previous commitments over the second phase of Hon La Port, the port operator Petroleum Technical Services Corporation (PTSC) is now at risk of losing the project to a domestic contender.

The Prime Minister (PM) has allowed Taiwanese firm Hung Nghiep Formosa Co., Ltd. (Fomosa), to import own coal for electricity production at its coal-fired thermal power plant located in the southern province of Dong Nai’s Nhon Trach 3 industrial park, according to newswire Vneconomy.

On October 24, City Garden announced the official sale of the project’s final 160 luxury condominium apartments in the Crescent - the fourth and final tower of the City Garden project.

State Capital Investment Corporation (SCIC) decided to divest a 9% stake in Vietnam Dairy Products JSC (Vinamilk) in December.