The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.

TCC Group (Thailand) unveiled on December 13 its MM Mega Market Thang Long in Hanoi, marking the next step in transforming Metro Cash & Carry Vietnam (Metro Vietnam) to MM Mega Market Vietnam as announced earlier this year.

With Vietnam trying to find ways to boost its growth, further improvements in labour productivity are considered one of the key factors for reaching the goal. 

Digitalisation in retail banking is becoming a vital trend for Vietnam’s banking sector, not only to meet bank customers’ – especially young customers’ – needs, but also to help the nation achieve its goal of creating a cashless economy.

After the government’s Decision No. 11/2017/QD-TT on supporting the development of solar power was issued in April, Vietnam witnessed a trend of successfully registered and licensed projects, though challenges still await potential investors.

The  Global HR Forum 2017, initiated by the Republic of Korea (ROK), will be kicked off in Vietnam for the first time this week, promising to bring the ‘Miracle on the Han River’ to Vietnam in order to help the country boost the quality of its workforce. 

Thai Beverage has emerged as the only investor that intends to buy more than 25 per cent of Vietnam’s leading brewery Saigon Beer.

After spending over US$1 billion on acquiring a large stake in Vinamilk, the largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company (JC&C), has poured VND45 billion into acquiring an additional 1.1 million shares in Refrigeration Electrical Engineering Corporation (REE).

The Vietnamese personal finance products space is booming thanks to the rise of the young middle-class consumer society. 

Robust credit growth will help the Vietnamese economy achieve its growth target this year, while export is likely to remain strong and more foreign capital will flow into utilities, says Australia & New Zealand Bank Group.