The Vietnamese stock market has recently been showing signs of a revival in the market of bank stocks, with rising stock weight, growing trading volumes, and soaring degree of relative liquidity (DRL), whilst foreign investors and active shareholders flock to purchase huge amounts of bank stocks.
Out of 19 sectors invested in by foreign firms, processing and manufacturing made up the highest proportion, with US$186.1 billion of registered capital, equivalent to 58.4% of US$318.72 billion of total investment capital accumulated until the end of 2017.
Formosa Plastic Group, through its five subsidiaries, intends to pour an additional $247.88 million into the existing $10.6 billion Formosa Ha Tinh Steel complex, to increase its capacity to seven million tonnes of steel.
Foreign funds are making their way back to Vietnamese banks, as the sector cleans up bad debts and improves corporate governance.
Despite previous refusals, the General Department of Taxation has once again proposed that it gain the powers of investigation and prosecution, triggering business concerns over tax pressures and transparency.
To attract investment in the renewable energy sector, the Ministry of Industry and Trade has confirmed that a mechanism to allow businesses to buy power at competitive prices from renewable energy generators will be piloted in 2018.
Vietnam’s labour productivity has increased more slowly than economic growth, and one of the most effective ways to sort out the problem is to boost foreign-invested and local firm linkages.
More than 150 business leaders have gathered at a conference held on December 19 in Ho Chi Minh City to discuss the orientations of Vietnam’s industries after the APEC Vietnam 2017.
With hefty experience in distribution and retail, Mobile World, FPT Retail, Digiworld, and Nguyen Kim have been entering pharmaceutical retail, but who will seize control?
Both in terms of quantity and quality, 2017 has shaped up to be a landmark year for mergers and acquisitions in the property sector.