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Vietnamese steel industry divided over import tariff proposal
The recent proposal of four Vietnamese steel producers to raise the tariff on steel ingots and steel bars imported to Vietnam has received strong opposition from other steel companies.
LienVietPostBank chooses Oracle FLEXCUBE to support its growth
LienVietPostBank, among Vietnam’s top 10 largest private banks in terms of assets and equity, has chosen Oracle FLEXCUBE as its core banking platform.
French insurer retracts on promise enraging customers
Prevoir Vietnam, the Vietnamese subsidiary of French life insurer Prevoir, received complaints over its refusal to let customers renew their policies.
Pico not giving up on electronics market
Pico failed to close the merger and acquisition deal with Central Group, but has not yet given up on the electronics retail market.
PV Gas selects Honeywell’s technology to produce LPG
Honeywell (NYSE: HON) has recently announced that it will supply a 250 million standard cubic feet per day (mmscfd) modular gas processing plant and advanced automation systems to PetroVietnam subsidiary, PV Gas.
Citi supports Vietnam Airlines’ expansion
Citi has lately inked an aircraft financing loan with Vietnam Airlines, allowing the latter to purchase two Airbus A321s from Airbus SAS (Airbus), in a bid to expand the airline’s fleet and operation.
Foreign firms hungry for agri projects
Foreign investors’ appetite for Vietnam’s agricultural sector is growing, with a string of new or expanded projects scheduled to come on line soon.
Foreign brewers strengthening foothold in VIetnam beer market
Competition is getting tougher for domestic brewers as foreign rivals are increasing their share of the country’s output.
Early FDI activity promises prosperous year
As millions of dollars of foreign capital flowed into the country over the first few days of the New Year, many believe that this signifies another buoyant year of foreign direct investment for Vietnam in 2016.
Lenovo boycotted over spyware fears
Lenovo computers may be completely removed from the offices of local state authorities, following the shocking discovery of spyware pre-installed on these devices.