German banks are keeping watch on the developing economic relations between Vietnam and Germany, in advance of European investments set to pour into the country when then Vietnam-EU Free Trade Agreement (FTA) takes effect.

Steel production expansion in Vietnam has faced a growing tide of criticism amid environmental concerns following the recent toxic spill disaster caused by Formosa Ha Tinh Steel Corporation in central Vietnam, and the oversupply of steel in the domestic market.

Hanoi General Export Import JSC (Geleximco) and Hong Kong United Investors Holding expressed interest in co-developing four large-scale traffic infrastructure projects in Vietnam.

Vietnamese software giant FPT plans to decrease its holdings in FPT Retail and FPT Trading due to the sectors’ decline in revenue.

CapitaLand Vietnam, one of the leading Singaporean real estate developers in Vietnam, has just acquired a prime project in Ho Chi Minh City for $51.9 million.

Danang Pharmaceutical Joint Stock Company (Danapha) has become the third investor to try their hands at developing project in Danang Hi-Tech Park, after the flight of the two Japanese enterprises Tokyo Keiki Precision Technology Inc and Niwa Foundry.

Vietnam Southern Food Corporation Limited (Vinafood 2) has been authorised to extend its equitisation deadline to January 30, 2017, according to newswire Bnews.vn.

Nestlé Vietnam announced its participation in the national programme "Enhancing the Stature and Endurance of Vietnamese People for the period 2011 – 2030” on September 26, on the occasion of Nestlé’s 150th anniversary.

Vietnam is facing great environmental challenges due to a widespread disregard of the law, poor-quality environmental impact assessments, and overlapping regulations in the laws on Environmental Protection and Investment. 

The fate of the long-delayed Vina Universal Paradise Trade and Service Complex (Vina Universal Paradise), invested by Tan Tao Group subsidiary Vina Film Studio and Tourism Zone Investment JSC, will be decided within a week.