Amidst the digital wave surging through many ASEAN states, facilitating their businesses to have closer connectivity with global markets, many Vietnamese enterprises nevertheless remain slack in adopting digital solutions, causing impediments in improving their competitiveness. Garment 10 Corporation JSC, one of Vietnam’s 500 largest businesses, according to VNR500, is known as a business featuring significant […]
Read MoreThe revised Law on Investment, Law on Enterprises, and Law on Public-Private Partnership (PPP) investment will contribute to completing the legal framework and creating transparency and a harmonious legal framework for trading and business in Vietnam. This was announced by Deputy Minister Vu Dai Thang at the press conference organised by the Ministry of Planning […]
Read MoreWith Vietnam increasing focus on its business and investment climate, South Korean investors are hoping to expand into the country to venture into various fields, even despite the ongoing health crisis measures. At an online conference between the Vietnamese government and localities last week, Nguyen Van Tung, Chairman of Haiphong People’s Committee, said that the northern […]
Read MorePlans for Petrolimex, Vietnam’s top gasoline seller, to take a stake in a refinery of Japanese oil company Eneos have fallen more than a year behind schedule, as the government holds off on major decisions ahead of the upcoming overhaul in the Communist Party’s leadership. State-owned Petrolimex agreed in 2018 to invest in a Japanese refinery built by Eneos and […]
Read MoreThe Duy Tan Plastics Corporation and HSBC Vietnam on July 8 signed a green credit deal to build a factory producing renewable plastics. The first phase of Duy Tan’s factory project located in Long An Province will require a total investment of US$63 million. It is expected to recycle used plastics bottles into plastic raw materials for […]
Read MoreJapanese liquefied petroleum gas (LPG) vender Tokai Corp. is set to make a foray into the rapidly growing Vietnamese market through the acquisition of a 45 percent stake in each of two subsidiaries of local peer Petro Center Corp. Tokai, affiliated with Tokai Holdings Corp., said Monday it will buy shares in Mien Trung Gas […]
Read MoreEdward Teather, a senior ASEAN economist from the Union Bank of Swizerland (UBS), has recently hailed Vietnam as one of the “brightest” spots throughout Asia despite COVID-19 challenges, adding that the national economy now looks poised to rebound. “Vietnam is suffering some pain from the impact of COVID-19, but the outlook is looking like one […]
Read MoreThe company expects to conclude a deal in the fourth quarter for at least two farms, with a combined capacity of 50-100 megawatts. It set a budget of 1-2 billion baht for the purchases. BGC chief executive Silparat Watthanakasetr said the company aims to diversify its business and is eager to invest in renewable energy, […]
Read MoreLocated in Dong Nam Economic Zone, a key economic centre of the central province of Nghe An, WHA Industrial Zone 1 – Nghe An is a spotlight among foreign investors, especially financiers and enterprises hailing from South Korea. As an important international and regional transport hub for aviation, seaports, and land transport thanks to its […]
Read MorePrime Minister Nguyen Xuan Phuc has approved adding three industrial parks (IPs) with a total area of 567 hectares in the northern Hung Yen province to the national IP development planning. They include a 143-hectare IP in Hong Tien commune (Khoai Chau district) and Xuan Truc commune (An Thi district), a 160-hectare IP in Hong […]
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