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Nafoods and new major shareholder shoot for high growth in 2018

Nafoods and new major shareholder shoot for high growth in 2018

Vietnam-focused activist investment company Endurance Capital Vietnam I Ltd. recently decided to increase its ownership in local partner Nafoods by adding a total of 753,958 shares to its current holding, and thereby becoming the latter’s major shareholder with a total of 5.5 per cent of the shares.

Environmental protection tax hike hurts firms

Environmental protection tax hike hurts firms

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Investors waiting for higher wind power prices

Investors waiting for higher wind power prices

Up to 19 wind power projects have been registered in Binh Thuan Province but investors are yet to start work on them, saying the current selling price regulated for this source of green energy is below production cost.

Cashew market remains volatile after Brexit

Cashew market remains volatile after Brexit

VOV.VN -The country’s kernel exports for the first half of 2016 jumped 4.4% in volume and 11.1% in value when compared to the first half of last year, says the Vietnam Cashew Association.

Coffee export volume and value down

Coffee export volume and value down

The Vietnam Coffee and Cocoa Association (Vicofa) said the 2014-2015 coffee crop has seen sharp declines in both export volume and revenue due to unfavorable global market developments.

High prices hamper auto growth in Vietnam

High prices hamper auto growth in Vietnam

Automobiles which are priced higher in Vietnam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.

Slow demand means hard year for rubber

With global rubber prices continuing to fall after a rout last year, things are expected to remain very difficult for the industry, the State-owned Vietnam Rubber Group has warned.