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Danone exiting Vietnam due to dismal Dumex sales
Danone Vietnam, a subsidiary of French multinational food company Danone SA, has announced stopping its operations.
Kido on the market for vegetable oil companies
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 aid foreign livestock investment
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 to stabilize the sugar market
A pilot auction for sugar import quotas was proposed to help curb soaring prices in the domestic market, amid the elevated demand.
Visa’s national “Practical Money Skills” art exhibition hits the road in Vietnam
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).
Power equipment companies embrace SEA’s growing electricity demand
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.
Glutton for work: Thien Tan to develop second solar power plant
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.
BOT business model in the IT industry: new opportunities and challenges
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 pays off US$93 million tax arrears
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.
Room remains for growth in luxury hotel segment
Even though the supply of hotels has been rising in Vietnam, there is still room for more in the luxury segment.