The Ministry of Planning and Investment will continue to draft a law designed to overcome difficulties in conducting business in Vietnam, after a set of new laws and decrees just took effect on July 1.

Up to VND4.49 trillion (over US$202 million) were collected by businesses during their divestment process carried out in the first six months of 2016, the Ministry of Finance announced at a recent conference in Hanoi. 

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and Cuba’s Geicons Group are set to establish a joint venture producing ceramics sanitary wares and tiles in October.

Investors from the Republic of Korea (RoK) have been topping the list of foreign investors in Vietnam in the last two years.

The Bank for Investment and Development of Vietnam (BIDV) has been granted a licence by the Central Bank of Myanmar to open a branch in Yangon.

Realty developers and individual investors once rushed to build villas in Mang Den, a mountainous town of the Central Highlands province of Kon Tum, before the wave subsided years ago, leaving a ‘ghost town’ of deserted edifices. 

Marquardt Group of Germany expects to invest US$35-50 million to build an auto parts manufacturing factory in central Danang City.

VOV.VN - A recently released study by the Vietnam Industry Research and Consultant (VIRAC) shows that beer production and consumption in Vietnam for 2014 reached an all-time record high of 3.1 billion litres with revenue of US$4.56 billion.

The central coastal province of Nghe An has paid heed to renovating and enhancing promotional activities to draw investment from such key partners as Japan, the Republic of Korea (RoK), Singapore and Thailand.

A Republic of Korea (RoK)-Vietnam forum to strengthen co-operation between their electrical industries was held in HCM City on June 30 with more than 40 firms taking part.