Many large and unexpected merger and acquisition (M&A) deals were made in 2016, with retail and real estate continuing to dominate the domestic market.
The Vietnam National Textile and Garment Group reported garment and textile enterprises have received enough orders to keep them busy through the first quarter of this year.
VOV.VN - The US founded retail chain 7-Eleven announced plans in mid-2016 to open its first store in Vietnam in the spring of 2017.
The Vietnamese Ministry of Construction will carry out routine compliance inspections on 12 major corporations, including Vingroup, Sun Group, Bitexco, and Phu My Hung.
The US magazine Forbes said Vietnam can meet its target of 6.7% GDP growth in 2017 thanks to five engines, including its resources and trade agreements with other nations.
By developing an agricultural value chain, the southern province of Tay Ninh expects to raise its agricultural GDP and average farmer income per year from the current figures of US$3 billion and US$1,500 to US$8 billion and US$5,000, respectively, after five years.
Giant steel maker Hoa Sen Group (HSG) targets revenues of US$1 billion for the fiscal year 2016-17, HSG announced at its annual shareholders’ meeting, in HCM City recently.
VOV.VN - Hanoi is making moves to fuel development since it assesses local GDP growth, which hit 8.2% in 2016 – a six-year high, as unsustainable.
VOV.VN - Although Vietnam’s economy had no major breakthroughs in 2016, it managed to maintain a stable growth thanks to careful government management.
A seminar took place in Ho Chi Minh City on January 7 to discuss risks in international trade and foreign debt recovery following the recent fraud faced by several seafood exporters.