Vietnam’s economy has bottomed out and is now showing signs of recovery with stable foreign direct investment (FDI) capital and increased trade surpluses, said ANZ Chief Economist for South Asia, the ASEAN & Pacific Glenn Maguire.
The Government recently approved a mutual tax avoidance agreement between Vietnam and Iran.
With a raft of free trade agreements on the way, a checklist of equitisations, and new legislation in place to support foreign investment, a new wave of M&As are forecast to sweep across Vietnam.
Vietnam’s bank stocks are rallying at the fastest pace in Asia, signaling a recovery from the bad-debt crisis that’s weighed on economic growth for three years.
Hoa Binh Group has become the first local developer to capitalise on the amended Residential Housing Law to sell apartments to foreigners.
“There’s no such thing as a free lunch,” as the saying goes. But when McDonald’s told Vietnamese consumers that there really is such a thing, thousands did not bother queuing for hours to get the freebie.
Vietnam's State Securities Committee (SSC) on March 25 held a workshop to publish changes to Decree 58/2012/ND-CP, which aim to implement and amend the Securities Law in order to improve the efficiency of the national stock market.
The garment and textile industries in Thailand and Vietnam should strengthen co-operation to improve competitiveness and exploit the ASEAN market, delegates said at a meeting held in HCM City on March 25.
Binh Phuoc will consider investing in the construction of a large bridge on Highway 7 connecting Cambodian Kratie province with the locality, as heard during a working session between top provincial officials on March 25.
Vietnam has become the world’s top outsourcing location for the first time in terms of costs, risks and operational conditions, according to new research from global real estate adviser Cushman & Wakefield (C&W).
(VOV) -At a recent meeting with Kien Giang People’s Committee leaders, the Israeli Ambassador to Vietnam announced a plan to invest and provide ODA to the province.
(VOV) -The Ministry of Transport has collected opinions on a project to restructure the aviation industry with the ambitious goal of significantly expanding the number of overseas flights at all of the nation’s international airports by 2020.
(VOV) - UBM Asia announced on March 24 that it is organising a food additive trade fair – Fi-Vietnam 2015 – in HCM City this coming May 20-22.
(VOV) - The Dai-ichi Life Insurance Company of Vietnam Ltd has been named the – Best Life Insurance Company in Vietnam at its annual Golden Dragon Awards Ceremony.
(VOV) - The Security World 2015 Conference and Expo was held in Hanoi on March 25 to work out measures to deal with information security risks.
(VOV) -The Vietnam Food Association (VFA) has revealed that by March 19, the country had earned US$241.334 million from exporting around 536,570 tonnes of rice.
(VOV) - A Vietnam-India tourism promotion programme was launched in New Delhi on March 24 by the Vietnamese Embassy in India and the Vietnam National Administration of Tourism (VNAT).
The US Government is preparing to finalise inspection regulations that require all producers and processors of catfish to abide by the same food safety standards.
A Japanese agency has suggested developing a hi-tech agricultural-industrial park in the Central Highlands city of Da Lat, known as Vietnam’s veggie hub, to make the locality a leading source of green produce for Japan.
The French group Aeroports de Paris (ADP) will collaborate with the financial services holding company Credit Swiss to mobilise US$2.5 billion to $3 billion for Long Thanh International Airport Project in Vietnam's Dong Nai Province.
Vietnamese investors can transfer foreign currency abroad as payment for activities relating to their projects before getting investment licences from foreign local authorities under a draft decree of the Ministry of Planning and Investment.
A seminar to examine cooperation opportunities in the electrical sector between Vietnam and the Republic of Korea (RoK) was held in Ho Chi Minh City on March 24.
The State Bank of Vietnam (SBV) has allowed Malaysia’s Public Bank Berhad (PBB) to acquire all stakes owned by Vietnamese lender, the Bank for Investment and Development of Vietnam (BIDV), in their joint venture VID Public Bank.
Favourable conditions are now in place for cooperation between Vietnamese and Japanese companies, including those in the digital content and software industry, said Bui Huy Son – Director of the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency.
(VOV) - Microsoft has announced it will invest US$3 million in Vietnam over the next three years as part of the company’s global Youth Spark commitment to empower young people with opportunities for education, employment and entrepreneurship.
Vietnam’s Gross Domestic Product (GDP) growth is likely to edge up to 6.1% in 2015 and 6.2% in 2016, according to the Asian Development Outlook (ADO) 2015 released by the Asian Development Bank (ADB).
(VOV) - Vietnam exported a record amount of oil to China in the two months leading up to March with shipments surging 62.5% on-year to 300,000 tonnes, according to recently released official statistics.
Russian energy company Arman Holding is working with the sole power provider in Vietnam EVN on a solar plant worth US$140 million.
Vietnam spent US$133 million on importing 5,493 completely built-up (CBU) cars last month, an increase of 86% in quantity and 160% in value compared in the same month last year, according to the General Statistics Office.
Unnatural and harmful fishing methods are depleting fish stocks in unsustainable ways across the country, but localities lack the means to stop them, a Tin Tuc report says.