The Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects.
Laguna Lang Co, one of Asia’s largest integrated resorts with international hospitality operator Banyan Tree as its managing partner, has officially got a casino licence from the Vietnamese government, marking it the first casino license in recent 10 years in Vietnam.
Switzerland’s Sowareen Solutions AG has just proposed to build a finance and insurance centre at Van Don Special Administrative-Economic Zone (SAEZ) in the northern province of Quang Ninh.
Vietnam Oil Corporation (PV Oil) has released the names of four competitors meeting the criteria to join the auction to become its strategic investor, two of whom are foreign investors from the Republic of Korea and Japan.
After successfully producing RON 92 (MOGAS92) and RON95 (MOGAS95) in early May, on May 23, Nghi Son Refinery and Petrochemical LLC in Nghi Son Economic Zone, Thanh Hoa province also successfully produced 5,000 cubic metres of diesel oil (DO) meeting all required specifications and sold it on the domestic market.
The Vietnamese beer market is considered a promised land for both foreign and local brewers due to the massive consumption. However, in reality, it is a playground with strict competition.
Ewater Engineering Co., Ltd. has recently introduced its Ionisation technology to remove residues from industrial boilers without the use of chemicals.
Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion (US$43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?
Halting phone card payments creates new prospects for the gaming industry, as gaming enterprises started co-operating with e-commerce platforms to satisfy the burgeoning demand for game cards. Many experts stated that this is a healthy direction for the market and would ensure long-term stability.
Modern technology remains a challenge for Vietnamese authorities in managing currency security as recently the northern province of Quang Ninh discovered illegal money transferring activities via Chinese points of sale (POS) installed in a local store.