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TPP to tighten copyright rules
Hundreds of thousands of enterprises in Vietnam mat face lawsuits due to tough regulations on copyright protection stipulated in the Trans-pacific Partnership.
FDI surge set to continue
Buoyed by landmark free trade agreements and higher economic growth, this year Vietnam is likely to trump 2015’s record high of US$23 billion in foreign direct investment.
Auchan vies for retail market space
French company Groupe Auchan has stepped into Vietnam’s growing competitive retailing market through its arm AuchanSuper.
Phu Quoc emerges as investment hub
Phu Quoc island has been thriving, turning itself into a tourism and investment hub in southern Vietnam thanks to many large-scale projects that have helped build its reputation among investors.
Brewery deal hops forward
Masan Group Corporation which is listed on the Ho Chi Minh City Stock Exchange, has announced the receipt of its first investment worth US$650 million from the Thai brewery partner Singha Asia Holding Pte Ltd.
MoT’s GrabCar pilot project launched
GrabTaxi Co. Ltd., will implement a pilot scheme on the application of information technology in support of the management and connection of commercial passenger transportation via the GrabCar project from this month.
Room to Read and Monsanto Fund to enhance education for children
Monsanto Fund and Room to Read has announced a landmark three-year partnership until 2018 to improve literacy and gender equality for 21,000 children in farmer communities in Vietnam.
Oversupply sparks fresh bubble fears
Thousands of apartment units will be put onto the market in Hanoi and Ho Chi Minh City in the near future, leading to fears of an oversupply in real estate.
Tariff slashes cause foreign foods surge
Vietnam’s husbandry sector has begun to feel the heat from the ASEAN Economic Community establishment, expected to prompt a rise in foreign foodstuff imports and livestock investment.
Auto sector policies effective from 2016 in Vietnam
The domestic car market witnessed spectacular development in 2015. Vietnamese people reportedly spent a record of nearly US$3 billion on purchasing imported completely built cars (CBUs), an increase of 76% in quantity and 87% in value compared to 2014.