Rocket Internet’s online food ordering service Foodpanda has said that its Vietnamese business had been acquired by local rival Vietnammm, days after announcing its withdrawal from the Vietnamese market over financial issues.
(VOV) - Entrepreneurs in Hanoi are eagerly seeking out cooperation partners from Laos and are particularly keen on entering into business deals with partners from Luang Prabang province.
Laos appreciates Vietnamese businesses’ help in promoting investment cooperation between the two sides and carrying out social programmes in Laos.
Two-thirds of businesses in Vietnam have adopted a stronger focus towards the domestic market since the global financial crisis broke out, a new report says.
Truong Hai Auto Joint Stock Co., or Thaco, has spent US$3.5 million taking over a 51 percent stake in the specialized vehicle manufacturing company Soosung of the Republic of Korea.
The Long Thanh-Vientiane Golf Investment and Business Joint Stock Company has provided US$50,000 for building a primary school in Saysathan district, Sayaburi province of Laos.
Business and production in Vietnam improved significantly in 2010’s second quarter, reports a recent Vietnam Business Insight Survey (VBiS).