Vietnam Airlines Group reported a consolidated revenue increase of 4.3 per cent compared to the same period last year, pocketing VND26 trillion ($1.13 billion) and consolidated pre-tax profit of VND1.5 trillion ($65.22 million), achieving 45 per cent of the yearly plan.
The Vietnamese property market is proving more attractive to foreign investors all across the board, with international investment funds out for profit-generating properties and investors looking for domestic partners to co-invest a range of projects.
As American investors see bright growth prospects in Vietnam that is climbing global supply chains, many are pushing ahead with ventures across the country.
The Vietnamese Ministry of Transport (MoT) will hold an investment promotion conference next week to introduce investment opportunities in the Eastern Cluster of the North-South Expressway project in the 2017-2020 period.
International companies, especially those from China and the United States, are steadily flocking into Vietnam’s increasingly lucrative solar power equipment market.
The domestic cement industry is striving to reduce at least a tenth of the country’s energy drain in accordance with the country’s national programme on economical and efficient use of energy for the 2019-2030 period, but there remains a number of obstacles to overcome.
Amid enforcement of landmark free trade agreements, Vietnam’s Ministry of Health has made significant legislative changes.
The completion of modern facilities for education and learning, especially the co-operation to organise life skill education programmes, has demonstrated KinderWorld’s commitment to providing high-quality education programmes for local and international students in Quang Ninh and surrounding provinces.
Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to improve competitiveness to prevent being swallowed up by foreign players.
In light of fast-changing global trends, Vietnam is eager to see how its new-generation foreign direct investment attraction strategy will harmonise old and new foreign investment approaches.