After posting a record growth of 55 percent last year, Vietnam's automobile sales will continue to grow strong this year, albeit at a lower rate, news website VnMedia reported on February 9, citing local businesses.
Investors in Big C (BIGC.BK), one of Thailand's largest supermarket chains, cheered on Monday an up to US$3.5 billion deal by France's Casino Group (CASP.PA) to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi.
The State Bank of Vietnam (SBV) has allowed the Ho Chi Minh City branch of the Development Bank of Singapore Limited (DBS Bank Ltd.) to increase its charter capital.
President Truong Tan Sang has suggested the oil and gas sector build a stabilisation fund to map out business plans and balance incomes for employees given difficulties caused by the declining global oil prices.
Domestic enterprises in the retail industry should strengthen their connections to take better advantages of resources and increase their competitiveness over foreign investors, Chairman of the Hanoi Supermarket Association Pham Vinh Phu said.
Amid the formation of the AEC and the upcoming enforcement of FTAs, Nguyen Do Anh Tuan, director of the Vietnam Institute of Policy and Strategy for Agriculture and Rural Development, shared about potential challenges to farm exports and opportunities to attract foreign investment in agriculture.
VOV.VN - Vietnam has developed steadily during 30 years of renewal. Its current phase of development requires stronger reforms for international integration.
VOV.VN -One of the measurements of development in Vietnam, as in any country, is the level of foreign direct investment (FDI) say economists, because it represents a long-term commitment by foreign companies to the economy.
Cam Pha port and logistics company, an affiliate of the Vietnam National Coal and Mineral Industries Group (Vinacomin), in the northern province of Quang Ninh loaded 33,000 tonnes of coal for two ships on February 8, the first day of the Year of the Monkey.
VOV.VN - Monkey type of people are said to be energetic, brilliant, and imaginative planners that are excellent at outwitting their competitors— and once they set a target, it is rare for them to fail.
The EU-Vietnam Free Trade Agreement, which will be signed in the near future, is expected to bring about huge benefits for Vietnam’s private sector.
With the number of internet users and online shopping websites in the country skyrocketing, e-commerce is expected to boom this year.
VOV.VN - Vietnam will off the best possible conditions for businesses to become involved in greenhouse gas emissions and eliminate subsidies for fossil fuel by 2020.
Samsung has developed strongly in Vietnam over the last few years and the local source of ‘gray matter,’ or talented personnel, is playing a significant role in its success, an executive of the Vietnamese arm of the Korean electronics giant has said.
The central city of Da Nang has set targets of raising its industrial production value by 11-12% and the city’s industrial production index by 10.8% in 2016.
The State Bank of Vietnam has licensed Viet Capital Bank to open 10 branches and transaction offices this year.
The feelings of foreigners when they first come to Vietnam can vary widely, however, a majority of them discover a great love for this country.
VOV.VN - Despite economic difficulties during 2015, Dong Nai remained one of Vietnam’s leading provinces in foreign direct investment attraction, earning US$2.4 billion, up 250% against the set target.
The Mekong Delta region targets to earn US$14.34 billion from export in 2016, a year-on-year increase of US$1.14 billion.
VOV.VN - The Trans-Pacific Partnership Agreement (TPP) was signed in Auckland, New Zealand, on February 4th after 20 rounds of negotiations. The deal will generate momentum for national development but will bring grave challenges as well.
VOV.VN - The legally verified text of the Trans-Pacific Partnership (TPP), which supersedes the version released on November 5, 2015 is now available, reports the Ministry of Industry and Trade (MoIT).
Manufacture, assembly and sales of automobile products of Toyota Vietnam and Honda Vietnam in the northern province of Vinh Phuc have had a sharp gain in recent years thanks to new strategies from the manufacturers.
Tra fish exports to the UK hit US$46 million last year, an increase of 13.9% against 2014, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.
BKV, the franchisee which brought Burger King to Vietnam, said it has shut down its third restaurant in HCM City and plans to march towards the north.
Economic experts have forecast that Vietnam’s aquatic export to the US, Japan and other Trans-Pacific Partnership (TPP) members will increase after the deal was officially signed on February 4.
There is a need to have more preferential policies for small-and medium-sized enterprises (SMEs) to help them grow as a core force of the local economy, said Minister of Planning and Investment Bui Quang Vinh.
Vietnamese enterprises are ready to bring into full play the opportunities as well as face the challenges brought by the Trans-Pacific Partnership (TPP) agreement, which was officially signed on February 4.
Toyota Vietnam sold 5,001 cars in the first month of 2016, up 17% compared to the same period last year.
President Truong Tan Sang hoped that the Vietnam Oil and Gas Group (PetroVietnam) will grow vigorously despite global economic downturns while meeting with PVN staff in Hanoi on February 4, on the occasion of the upcoming traditional Lunar New Year (Tet).