Policy reform is key to unlock Vietnam's M&A future

As new policies and trade deals change the focus of M&A inflows to Vietnam, the government needs to remove legal barriers and push SOE divestment.

Giant sculptural relief to be built on Binh Dinh mountain

Binh Dinh Province will build a giant sculptural relief about the mythical history of the Vietnamese people on a local mountain in Quy Nhon City.

Total cost of HCMC’s first metro line yet to be adjusted up

Ben Thanh-Suoi Tien metro line, whose construction is more than half completed, is still waiting for its upward investment cost revision to be approved, leading to hiccups in funding.

 

Japan stops education consulting firms from handling visa applications

The Japanese Embassy has announced a list of 37 overseas education consulting firms in Vietnam that have been stripped of their role as a representative that can apply for Japanese visas on behalf of their student customers.

 

Three officials arrested for collusion with property tycoon

Three State officials in Hanoi have been arrested in connection with violations committed by Le Thanh Than, chairman of Muong Thanh Group, who is being investigated for defrauding buyers of his housing projects.

 

Big C resumes ordering goods from 169 local suppliers

The Big C supermarket chain, owned by Central Group, has resumed placing orders for soft-line products at 169 out of 200 local apparel firms, after its abrupt suspension of purchases last month.

 

Policies take effect in Vietnam this August

The new policies include regulations on penalties for administrative violations, conditions for special amnesty, legal assistance for small and medium-sized enterprises among others.

 

Vietnam M&A Forum explores brand development post-M&A

At the third session of Vietnam M&A Forum 2019 experts explored how to find suitable strategies to build, protect, and develop brands.

Vinalines’ huge ships selling as scrap iron

OCD An Thuan Phat Auctioning has announced the auction of Vinalines’ ships on August 9 as authorized by the national shipping line firm.

Vietnamese player finishes in 10th place at Hunan Int'l Chess Open

 Talented Vietnamese chess player Nguyen Ngoc Truong Son finished in 10th position at the Belt and Road China Hunan International Chess Open 2019, which concluded in China on August 6.

Hanoi first grader dies after being forgotten on school bus

A first grader at an international school in Hanoi died on Tuesday after being forgotten on a school bus, according to authorities.

Party, State leader receives new ambassadors

Party General Secretary and President Nguyen Phu Trong hosted receptions today for new ambassadors of Thailand, Saudi Arabia, Colombia, Kazakhstan, Australia, Armenia, Morocco, India, Germany and Malaysia, who came to present credentials.

Next Iphone might be made in Vietnam: NY Times

The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets.

HCM City yet to approve downtown tollgate proposal

HCMC leaders have yet to approve a proposal to charge tolls on vehicles entering the central business district, according to HCMC Vice Chairman Tran Vinh Tuyen, speaking at a meeting with voters in District 4 last week.

Vietnam fails to attract FDI in hi-tech agriculture

Vietnam ranks among the top 3 rice and coffee exporters in the world, and its vegetable and fruit exports are expected to reach $10 billion prior to 2025.

Valuable anti-diabetic compounds found in Quang Tri organic white rice

Two chemical compounds, Momilactone A and Momilactone B (MA and MB), have been found in white rice grown in Quang Tri.

 

Over 9,000 runners to join Da Nang International Marathon 2019

More than 9,000 runners have registered to take part in the 2019 Da Nang International Marathon (DNIM), scheduled to take place from August 9 to 11 in the Vietnamese central coastal city of Da Nang.

 

Digital transformation to come under spotlight at Vietnam ICT Summit 2019

The 2019 edition of the Vietnam ICT Summit is scheduled to take place on August 8 under the theme “Digital Transformation for A Prosperous Vietnam”, the organisers have announced.

 

Vietnam hosts nearly 21,000 foreign students

There are nearly 21,000 foreign students who are attending studying programmes in Vietnam at various educational levels, according to the latest data from the Ministry of Education and Training (MOET).

 

Grant Thornton: Trade war not dampening confidence in Vietnam

Asia-Pacific businesses benefiting from shift in manufacturing from US-China trade war, according to Grant Thornton study.

Vietnam’s U22 squad plan friendly match against Kitchee SC

The Vietnam Football Federation (VFF) have confirmed that the Vietnam U22 national team will take on Kitchee SC FC of Hong Kong (China) in August.

 

VN Industry Ministry initiates anti-dumping investigation on imported BOPP film

The Ministry of Industry and Trade (MoIT) on Monday launched an anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.

 

Vietnamese racer comes second at cycling tourney in Belgium

Vietnamese racer Nguyen Thi That finished second at the 25th Erondegemse Pijl cycling tournament in Belgium on August 4.

 

Ha Long Bay to be promoted in World Yacht Race

The northern province of Quang Ninh will set up a team to compete at the Clipper 2019-2020 World Yacht Race, aiming to promote the local tourism, particularly the World Heritage Site of Ha Long Bay.

 

Exciting times ahead in F&B and FMCG

Vietnam’s mergers and acquisitions market is abuzz in food and beverages, as well as in consumer goods, as the competitive landscape evolves and rivals reshape their portfolios.