Vietnam wants to acquire advanced technology and enhance its cooperation with British enterprises to increase the value of food while ensuring benefits to consumers, Doan Duy Khuong, Executive Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) highlighted.
Vietnam’s monetary policies resemble China’s in many respects. Two prime examples are the control of capital flows and market interest rates, including the application of ceiling deposit interest rates.
On February 21 Vinh Hoan Fisheries Joint Stock Company (VHC) became the third listed company to offer 100% of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.
VOV.VN - The consumer goods retail sector and related industries will lead the next merger and acquisition (M&A) wave in Vietnam, following recent developments involving Thai companies.
Analysts said that Japanese FDI (foreign direct investment) had decreased in industrial sector but was showing growth in the service sector.
The forecast that Vietnam would become a leading flower export center in Asia mentioned in a Japanese journal has raised a debate about the potential of Vietnam in exporting fresh flower.
Domestic commercial banks are finding it hard to look for foreign strategic partners due to difficulties in the financial market and the current rules on foreign ownership limits.
Despite overseas remittances off to a strong start this year, experts have expressed concerns about “complicated fluctuations” likely at home and abroad.
The industry and trade ministry’s E-commerce and Information Technology Agency (VECITA) has warned consumers and investors to be cautious while purchasing virtual currencies on e-commerce websites.
The list of banks taking part in the race to raise deposit rates continues to lengthen, and this has taken the interest rate on long-term deposits to 8.4%.
Maltese firms wish to do business with Vietnam in the fields of infrastructure, financial service, tourism and training, and many of them are ready to make inroads into the country, a Vietnamese diplomat said following a business workshop in Malta’s capital.
VOV.VN - There were 1,569 valid Singapore-invested projects with total registered capital of more than US$36 billion in Vietnam up to February 20, 2016, making the island nation the third among 112 foreign investors, according to Foreign Investment Agency (FIA).
The State Bank of Vietnam (SBV) has said there will remain much room for banks to lend to the property sector even if credit tightening regulations drafted in Circular 36 apply.
Local fertiliser producers are facing obstacles from the State’s regulations on procuring production licences, producers said at a recent meeting held in HCM City to discuss the regulations.
A Thai-themed fair introducing the culture of Thailand will be held in Ho Chi Minh City from March 25-27 to mark the 40th anniversary of the diplomatic relations between Thailand and Vietnam.
VOV.VN - For many years, Vietnam has proven to be as one of the world’s leading rice exporters but profits remain low because product branding has not been developed and quality has been unreliable.
A lot of Vietnamese garment companies which do not want to outsource for foreign partners have decided to find new ways to develop.
By the end of 2014, Petrolimex, the Vietnam Petroleum Import/Export Corporation (Petrolimex), held 48% of the domestic petroleum distribution market.
Foreign companies continued to dominate the list of best employers in Vietnam, but more local firms successfully improved their workplace environment last year, a new survey found.
Vietnam's second-biggest lender in terms of assets, Vietinbank, signed a US$200 million syndicated loan agreement with 18 foreign banks in Taipei on March 11.
Numerous Italian enterprises have plans to expand their luxury product distribution networks to Vietnam by co-operating with Vietnamese distributors.
Vietnam’s fruit and vegetable exports will continue to enjoy good growth this year, according to the Vietnam Fruit and Vegetables Association (Vinafruit).
VOV.VN - In today’s rapidly changing marketplace local companies and consumers are interacting, selling, and purchasing goods and services beyond Vietnam’s borders on a regular basis, says the Ministry of Industry and Trade (MoIT).
VOV.VN - The Vietnamese and Russian foreign ministers have agreed to further enhance bilateral cooperation in offshore oil and gas exploration, the Russian Foreign Ministry said on March 11 in a prepared statement.
Many securities companies are wavering between lifting the room ceiling for foreign investors to 100% and staying Vietnamese-owned as they fear they will no longer receive preferences if they are foreign-owned.
An official from the Vietnam Chamber of Commerce and Industry (VCCI) has voiced his opinion that it is necessary for Vietnam to encourage a start-up entrepreneurial spirit and launch a national programme to develop enterprises.
Petrolimex, a state-controlled company that sells more than half of Vietnam's oil products, plans to sell more shares to increase its registered capital by over 26% to VND13.5 trillion (US$596.84 million).
The proposal by the national oil and gas group PetroVietnam to force domestic enterprises to buy petroleum products from domestic sources will create a monopoly, the Ministry of Planning and Investment (MPI) has warned.
The US has pledged that the implementation of US regulations will not hinder Vietnam’s tra fish exports to the market, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.
Honda Vietnam (HVN) will work harder to contribute more to Vietnam ’s vehicle industry, HVN General Director Minoru Kato said.