World Bank Group member IFC now owns some 5% of Tien Phong Bank’s stakes, to further assist the lender in expanding its loan services to better serve growing Vietnamese businesses.
Investors are keen on developing chilled distribution in Vietnam, amid the growing demand for high-quality foods.
Vinacafe has admitted that it made "coffee mixed with soybeans" and vowed never to do it again. How will the public react?
In the past few years the south of Phu Quoc island has become an investment hot spot, attracting real estate projects to Bai Khem and Mui Ong Doi beaches, the trans-sea cable system, and Hon Thom sea entertainment complex, with the total investment of VND20 trillion (US$940 million).
The US’ ExxonMobil Corporation and Vietnam’s state-run oil and gas group PetroVietnam’s multi-billion dollar gas-to-power complex is a step closer to implementation as Prime Minister (PM) Nguyen Xuan Phuc has approved the project location.
The banking and finance sector has seen a multitude of deals taking place in various circumstances over the past years, covering all ends of the spectrum: voluntary and mandatory merger and acquisition (M&A) transactions, large and small-scale alike.
The third edition of Geotec Hanoi international conference, themed “Geotechnics for Sustainable Infrastructure Development,” recently broke its record for the number of abstracts submitted, with 200 submissions for a spot under the limelight.
The authorities of the up-and-coming central city of Danang are now more determined to revoke the licences of slow real estate projects as well as to enforce related laws.
The Vietnamese renewable power sector, especially solar power, is becoming more attractive in foreign investors’ eyes due to the increasing demand for renewable energy in the country.
Developer Nam Anh Real Estate Consultancy and Investment Corporation officially has launched 153 vacation villas and 25 commercial shop houses in The Coast Villas in Phu Quoc.