Danone Vietnam, a subsidiary of French multinational food company Danone SA, has announced stopping its operations.

Foodstuff producer Kido Joint Stock Company (KDC) is increasing stake acquisitions in vegetable oil manufacturing companies as part of its strategy to penetrate deeper into the food and spice market.

Tax cuts mandated by ASEAN Economic Community commitments and Vietnam’s growing demand for meat are producing a rise in foreign livestock investment and meat imports.

A pilot auction for sugar import quotas was proposed to help curb soaring prices in the domestic market, amid the elevated demand.

50 artworks that promote financial literacy made by students are going to be on display at five universities in Vietnam this month as part of the 2016 “Practical Money Skills” programme jointly organised by Visa and the Committee of Vietnam Students’ Association (CCVSA).

A number of foreign cable and wire companies are planning expansion in Vietnam in order to take advantage of the growing local and Southeast Asian demand.

After kicking off the construction of the first solar power plant in the central province of Quang Ngai, Thien Tan Group continues to co-operate with US partner Black & Veatch to study investment opportunities for another solar power plant in Ninh Thuan province.

The BOT (build–operate–transfer) model, in which a company hires another company to set up and manage its local IT operations before transferring them back to the parent company, has become increasingly popular.

Big C Vietnam, representing its new owner Central Group, has paid off the whole VND2.034 trillion (US$93 million) it declared in tax earlier.

Even though the supply of hotels has been rising in Vietnam, there is still room for more in the luxury segment.