The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.

After being acquired by Didi Chuxing in China, Uber may have to take similar moves in Vietnam and other Southeast Asian countries, experts have said. 

Vietnamese businesses in supporting industries need to become more competitive to enter the global supply chain, a forum heard in Ho Chi Minh City recently.

Honeywell International Inc, a technology and manufacturing firm of the US, is ramping up its presence in Malaysia through its production and service expansion in the country.

Samsung SDS will co-operate with the country's largest airport terminal logistics business Aviation Logistics Service (ALS) to establish a joint venture in Vietnam and boost its presence in the Southeast Asian logistics market.

The move has received strong backing from Vietnam's government.

The PetroVietnam Fertilizer and Chemicals Company (PVFCCo) on August 19 signed a Memorandum of Understanding with Japan’s UBE Industries Ltd (UBE) and Sojitz Corporation to study the possibility of joining hands in building an Ammonia (NH3) production facility and derivatives from gas fields.

Phuoc Son Gold Company Ltd. (Phuoc Son Gold), managed by Canadian Besra Inc.’s Vietnamese subsidiary, has restarted the operation of its Dak Sa gold mine, thanks to Viet A Bank taking hold of 35% of the company’s shares as debt payment.

Taiwan-based international luxury hotel operator Regent is going to take the first step in Vietnam with the Phu Quoc Marina project developed by BIM Group.

Two models of Nokia feather phones are to be launched by the end of this year in Vietnam but the phone maker declined to elaborate on its plans to return to the country.