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G20 billions feed coal-fired future
Vietnam is expected to receive loans in the billions of US dollars from some G20 nations for its many coal-fired power projects, helping the capital-thirsty country further ensure its growing demand for power.
EIB loans to help ease ODA departure
While Vietnam will no longer receive preferential loans from the World Bank and the Asian Development Bank starting this year, the gigantic European Investment Bank is amplifying its presence in the country, with loans offered at an interest rate of almost 0 per cent and focused on infrastructure projects.
Sabeco targets 50% market share this year
After acquiring 53.56% stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50% this year.
Five ideal spots in Central Vietnam for a get-away trip in Tet Holiday
Holding an unexplainable attraction, the untamed beauty of Central Vietnam offers a long list of ideal tourism destinations for locals who grew out of the habit of celebrating the Lunar New Year (Tet) in the metropolitan areas of the north and the south.
JD.com to be one of Tiki’s largest shareholders
China's JD.com Investment on January 16 announced that it will become one of Tiki’s largest shareholders after its strategic investment in Vietnam’s leading B2C e-commerce platform.
Foreign ownership limit drives investors from Vietnamese banks
Over the past three years, numerous foreign investors made noteworthy divestments at Vietnam-based commercial banks due to the inconsiderable ownership.
IFC plans to ramp up banking loans
The financial sector is ranked first in priority of investment in Vietnam for the World Bank Group’s private investment arm IFC in 2018, according to Kyle Kelhofer, IFC country manager for Vietnam, Cambodia, and Laos.
Foreign-owned agriculture leverages FTA tax removals
Vietnam’s husbandry sector has felt the heat from foreign agricultural firms who are taking advantage of import tariff removal from the ASEAN Economic Community and the ASEAN-China Free Trade Agreement this year.
Binh Son Refinery stake sale attracts huge attention
4,080 investors registered to buy 652 million shares in Binh Son Refining and Petroleum Co., Ltd., the operator of Dung Quat Refinery. The registered share purchases make up 2.7 times the offered share volume.
First Solar to put new factory into operation before 2018
First Solar, a global manufacturer of thin-film module technology, is stepping up its recruitment to kick-off its operations in Ho Chi Minh City in the fourth quarter of 2018.