The Busan Bank (BS) of the Republic of Korea (RoK) opened its branch in Ho Chi Minh City on August 18. 

he departure of the former owners of Big C and Metro Cash & Carry supermarkets is expected to intensify competition in the retail field.

Real estate firms’ shares have become more attractive to investors as the property market recovery is expected to reap big profits.

The Ministry of Natural Resources and the Environment (MONRE) says that Formosa is about to begin operating six out of 23 chimneys on a trial basis.

Many industrial zones (IZs) have been built in the Mekong Delta and more will be built in accordance with approved plans, but some IZs have been left idle. 

Fraser & Neave Ltd. (F&N), which is controlled by Thai beer tycoon Charoen Sirivadhanabhakdi, has announced its ambition to acquire more shares in Vietnam Dairy Products Joint Stock Company (Vinamilk) as a part of its plans to expand its presence in Southeast Asia.

VOV.VN - Chairman of TCC Thailand, billionaire Charoen Sirivadhanabhakdi has revealed a plan to merge Metro Vietnam to Big C Thailand, according to Investment Newspaper online.

Vietnamese businesses should consider investing in agriculture and information technology (IT) in Japan, Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi Atsusuke Kawada has suggested.

It is unclear whether the Vung Ro refinery project in the central province of Phu Yen will be implemented this year, even though both the authorities of Phu Yen province and the leaders of Vung Ro Petroleum Ltd. said they were determined to start the project in 2016.

VOV.VN - A delegation of the CJ Group from the Republic of Korea (RoK) led by its President Chang Bok Sang has made a fact-finding tour of central Binh Dinh province to seek an investment opportunity.

The Ho Chi Minh City People’s Committee has just requested the city’s Department of Planning and Investment to review Berjaya Corporation Bhd.’s Vietnam International University Township (VIUT) project in the northwest urban area.

The fact that Chinese businesses play tricks to obtain land in ‘sensitive areas’ in Vietnam has raised concerns about security and national defence.

The People’s Council of the southern industrial hub Binh Duong Province has adopted a resolution on the province’s socio-economic development for 2016-2020 with the goal of an annual Gross Regional Domestic Product (GRDP) growth of 8.3%.

Despite facing numerous challenges, some international organisations remain optimistic about Vietnam’s economic prospects for 2016 due to surging manufacturing and foreign investment.

Local newspapers have reported that Apple had been looking for investment locations in Danang City.

The real estate conglomerate Vingroup plans to build a trade complex in Ha Giang city, the northern mountainous province of Ha Giang, stated Secretary of the municipal Party Committee Tran Manh Loi. 

Eight out of 14 start-ups of the Topica Founder Institute (TFI) introduced their products and called for investment at the Topica Founder Showcase 2016, held in Hanoi on August 10. 

In 2011-2015, the Ministry of Transport (MOT) raised huge funds of VND186.66 trillion for road transport projects, accounting for 92.15% of the total capital mobilized.

Foreign businesses have invested in their own companies but have also contributed capital to thousands of Vietnamese companies.

VOV.VN - A group of Japanese businessmen have submitted a proposal to invest in the underground commercial trade centre in Ho Chi Minh City's Metro Line No 1 near Ben Thanh Market. 

The Ho Chi Minh City People’s Committee is keeping the development plan initially designed for Thu Thiem new urban area and does not expect to approve new projects not under the original plan.

Japan’s Forval Corporation wants to expand investment in Vietnam, especially in Ho Chi Minh City in tourism, education and health care.

The northern province of Vinh Phuc’s efforts in attracting investors have recently been rewarded with an influx of foreign investment.

Many investors from Asia have poured capital into the Mekong Delta region, but the investment in agriculture remains modest. 

While foreign investors are lining up to invest in new wind farms in Vietnam, numerous previously licensed wind farms are long delayed in construction or had their investment certificates revoked.

Two major foreign banks active in Vietnam have warned of the upside risks to inflation in the second half of this year, giving limited scope for monetary easing.

GE in Vietnam has officially received the investment certificate for transferring Doosan Engineering & Construction Heat Recovery Steam Generator (Doosan E&C HRSG) manufacturing and projects in the central province of Quang Ngai’s Dung Quat economic zone to GE Vietnam.

Prime Minister Nguyen Xuan Phuc has emphasised the need for the central province of Quang Ngai to intensify its competitiveness in investment promotion.

A report from the World Bank shows that Ho Chi Minh City had 8 million people in 2014 and the figure will rise to around 10 million by 2020. The city promises attractive opportunities for service companies, including coffee chains.

On January 6, 2015, Air Mekong officially left the aviation market after two years of halting operation for restructuring the fleet. The failure of the airline was not only bad news for its shareholders, but also for passengers as well.