vietnam business news

Update news vietnam business news

Foreign giants pull components manufacturers to Vietnam

The influx of multinational corporations into Vietnam will help the country become more attractive to many other foreign components suppliers and solidify its position as a global manufacturing hub.

 

Condotel legal framework imminent

Condotel developers and buyers will breathe easier later in the year when the legal framework for the new type of property in Vietnam is to be released.

Vietnamese exporters of farm produce face tougher standards in China

Vietnamese exports of agricultural products must meet food safety, quality and traceability requirements to China which now requires that exports be sent through official channels only.

Vientam's aviation sector in dire need for hi-tech personnel

The aviation sector of Vietnam must solve the problem of hi-tech personnel shortage if it wants to achieve sustainable development in the years ahead.

Vietnam aviation market shows signs of slowing: Airports Corporation

The aviation transport market is approaching saturation and showing signs of slowing down after years of high growth, according to the January-May business report of the Airports Corporation of Vietnam (ACV).

 

BUSINESS NEWS 21/6

Lam Dong hosts Vietnam Economists Annual Meeting

 

Vietnamese enterprises need more Government support

Dau Anh Tuan, director general of the Legal Department of Vietnam Chamber of Commerce and Industry, talks to Customs newspaper about Vietnamese enterprises’ need for more Government support.

Investors play the long game in M&A

Despite growing interest from investors and upcoming stake sales, it is looking likely that the long term will provide better prospects for mergers and acquisitions in the lucrative Vietnamese pharmaceutical industry.

Facilitating venture capital towards Vietnamese startup development

Vietnam is working hard to unclog financial resources to develop a knowledge-based digital economy amid the wide influences of Industry 4.0.

Vietnamese National Assembly adopts Law on Public Investment

New hallmark ­revisions to the existing Law on Public Investment have been established in the picture of public ­investment in Vietnam, enabling the ­country to invest in projects more effectively.

HAGL Agrico to sell rubber company to Thadi

Hoang Anh Gia Lai Agrico (HAGL Agrico) plans to sell its 100 per cent of its stake in Dong Duong Rubber Investment and Development Co Ltd to Thadi Agriculture Production And Processing JSC.

 

Vinaconex to increase foreign ownership to 49 percent

Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex or VCG) plans to eliminate and amend some business lines to open more room for foreign investors, to 49 percent.

 

VN named among Apple’s favorites for smartphone diversification from China

Vietnam is among Apple’s favorites for smartphone diversification from China, according to Nikkei Asian Review.

 

Industry Ministry raises warnings about power shortages

A report from the Ministry of Industry and Trade has warned about power shortages in 2020 as 47 electricity projects, most of them are in the southern region, are stagnated.

 

No violation found in Grab-Uber deal: VCC

Grab’s acquisition of Uber in Vietnam did not violate the country's competition law, the Vietnam Competition Council (VCC) has said.

 

VN levies anti-dumping duties on colour-coated steel sheet imports

The Ministry of Industry and Trade has announced temporary anti-dumping duties on colour-coated steel sheets originating from China and the Republic of Korea, which take effect from June 25.

 

Vietnam Airlines gets 4-star airline rating

The national flag carrier Vietnam Airlines has been certified with a 4-star airline rating by prestigious international air transport rating organisation Skytrax for the fourth consecutive year.

BUSINESS NEWS 20/6

Vietnamese firms urged to make best use of CPTPP

 

US$17 billion in ODA loans yet to be disbursed

Some US$17 billion worth of official development assistance (ODA) loans pledged by six development banks have yet to be disbursed, heard attendees at a meeting held recently.

 

Renewable energy to dispel outages

Vietnam is forecast to face bigger power shortages after 2020 due to many power projects in the revised master power plan falling behind schedule, especially in southern provinces.