According to news site vietnamnet.vn, at the moment at least three Vietnamese companies have submitted documents asking the police to get involved in their dispute with Global Home.

Investors wishing to be strategic shareholders in equitised state-owned enterprises will have to meet tough new conditions.

While foreign investors are lining up to invest in new wind farms in Vietnam, numerous previously licensed wind farms are long delayed in construction or had their investment certificates revoked.

GE in Vietnam has officially received the investment certificate for transferring Doosan Engineering & Construction Heat Recovery Steam Generator (Doosan E&C HRSG) manufacturing and projects in the central province of Quang Ngai’s Dung Quat economic zone to GE Vietnam.

The southern province of Ba Ria-Vung Tau is striving to become an international logistics hub-manned by world class logistics services centres.

The International Monetary Fund has warned Vietnam’s government about a growing budget deficit and public debt, largely due to a big rise in recurrent expenditure and ineffective usage of public investment.

The recent hacking accident at national flag carrier Vietnam Airlines rang the alarm for the local banking system, as many of its members have been keeping expenditure to modernize their Core Banking system to a minimum.

An increasing number of foreign companies are expanding research and development (R&D) activities in Vietnam.

Ho Chi Minh City-based Terra Wod is planning to develop two renewable energy plants in the central province of Quang Ngai to tap into the local wind and solar resources.

More foreign investors are planning to develop wind farms in Vietnam to satisfy the country’s rising demand for renewable energy.