vietnam business news

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BUSINESS NEWS 1/6

Long Thanh International Airport may be kicked off in late 2020

 

Strong demand for high-end property in Vietnam

With robust economic growth in Vietnam for the past several years, foreign buyers are diving into the real estate market as is evident by the pent-up demand from those looking to buy.

Local developers unlock power of green building

Green building represents one of the most significant opportunities for sustainable growth at both the national and global levels, and local developers have begun paying more attention to this concept.

 

Vietnam among most improved middle powers in Asia: report

Malaysia, Vietnam and New Zealand are among the most improved middle powers in the region, according to the Asia Power Index 2019 recently released by Australian think tank Lowy Institute.

 

San Miguel considers $70mn brewery in HCM City

San Miguel Brewery Inc., the beer unit of San Miguel Food and Beverage Inc., is studying plans to invest $70 million in building a 2-million hectoliter brewery in Vietnam, according to a Manila-based newspaper.

 

Vietnam likely to benefit from worldwide shift in production capacity: HSBC

However, to convert its much-touted supply chain potential, Vietnam needs to build more visibility and credibility amongst international firms.

 

Insiders appeal for tackling logistics bottlenecks in Vietnam

Vietnam needs to untangle bottlenecks facing the logistics sector in order to boost the sectoral development on a par with that of developed countries, insiders have suggested.

 

Agriculture Ministry suggests meat stockpiling to pre-empt pork shortage

Vietnam is seeking solutions to prevent pork supply shortage in the coming time as African swine fever continues to spread.

 

Real estate market set for recovery as HCM City streamlines regulations

The HCM City housing market is expected to recover again after being flat for over one year with support from the local government.

 

Vietnam willing to work with the US on currency issues: central bank

The State Bank of Vietnam (SBV), in conjunction with other Vietnamese ministries and agencies, will continue to share information with the US Treasury Department and co-operate to tackle issues of concern.

 

Forbes Global 2000 list has four Vietnamese firms

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies.

FMCG sales in Vietnam's convenience stores grow strongly: Nielsen report

As consumer demand for convenience soars across Southeast Asia, Vietnam saw strong growth of 13 per cent in Fast Moving Consumer Goods (FMCG) sales growth in convenience stores in the past year.

 

BUSINESS NEWS 31/5

Conference looks to strengthen cyber security for public, financial-banking sectors

 

Local, foreign investors welcome new decree outlining fresh approach to planning in Vietnam

The long-awaited new decree guiding to the Law on Planning is expected to open a wider business development space for businesses to venture further into projects in Vietnam in the months ahead.

 

Sudden increase of China's FDI inflows into Vietnam a worry: experts

Amid a sudden increase in foreign direct investment inflows from China, experts are calling for the creation of “filter tools” for FDI with the aim of fostering high value manufacturing and sustainable development.

 

Vietnam's Ministry of Finance proposes to slash business costs

Household businesses in Vietnam may be exempted from paying fees for enterprise registration and first-time provision of information needed to become an enterprise.

 

85 percent of Vietnam's enterprises remain outside of Industry 4.0: report

As many as 85 percent of industrial enterprises in Vietnam still lag behind the fourth Industrial Revolution (Industry 4.0), and only 13 per cent are at the beginner level, one official has warned.

 

19 State-owned groups in Vietnam to be under financial supervision

The Commission for the Management of State Capital at Enterprises (CMSC) this year will oversee the finance of 19 State-owned groups and corporations.

 

Vietnam emerges as top electronics manufacturer: Singapore's DBS bank

Vietnam is poised to become a leading electronics powerhouse in the Association of Southeast Asian Nations, or ASEAN, in the coming years if it sustains its current pace of growth, according to a report from Singapore’s DBS Bank.

 

Vietnam economic yearbook points out two scenarios

The Vietnam Economic Yearbook 2019 points out two scenarios for the country’s economy this year, according to which the growth rate will be over 6.5 percent in the new context of the world.