Leading Taiwanese apparel maker Eclat Fabrics has requested permission to increase dyeing production capacity in its Ba Ria-Vung Tau factory from 10% of the factory’s output to 100 per cent, amid concerns from local authorities regarding the risk of adverse impacts on the environment of the Thi Vai River.
Despite a recent jump in the number of condotels offered to the local market, buyers are at risk of not being given ownership certificates or red books.
Domestic and foreign small- and medium-sized enterprises in Vietnam will have a new financial source for their green projects in the country.
E-banking, the latest trend in the Vietnamese banking system, has not completely been able to replace conventional banking customs although the majority of baby boomers (those born in 1945-1960) and generation X (1961-1980) show insignificant interest in modern banking services.
After years off the grid, Huynh My Truc Lien, a Vietnamese chef whose restaurants welcomed two former US presidents, George W. Bush and Bill Clinton, made a comeback with a signature lobster pho dish priced at VND499,000 (US$22), newswire Vnexpress reported.
After 25 years, Vietnamese-Korean two-way trade turnover hit $60 billion and is expected to reach US$100 billion by 2020.
This year’s merger-and-acquisition movement is coming to a somewhat quiet close in terms the fourth quarter of completions, but deals that have been stuck in due diligence or with approvals are finally moving forward.
More firms in Vietnam are turning to bonds for funding, but experts believe that the Vietnamese corporate bond market has a long way to go before it can attract foreign investors.
Bitcoin, one of the most talked-about phenomena in the financial services sector, has been ceaselessly brought into the limelight due to its ambiguity regarding the face value as well as the potential legal and regulatory risks challenging Bitcoin “whales.”
In 2017, Vietnam saw soaring foreign investment capital inflows totalling at $35.6 billion, up 44.2 per cent compared to 2016.